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The Yankees basically print their own money, so overpaying for an aging star who provides them with increasingly diminished returns is something everyone in the organization is used to. They may not always like it, but they have to write it off as the cost of doing business because of the way they do business.
But it's becoming increasingly more difficult for the Yanks to simply write-off the cost of the most expensive piece of deadweight in sports today: Alex Rodriguez. The team signed him to the richest contract in sports history in 2008; a 10-year deal worth $275 million, complete with an iron-clad no-trade clause.
Which puts them on the hook, and keeps A-Rod in pinstripes, until 2017. Unless they find a way to void that contract—something they've been reportedly looking into for months. It's hard to imagine anyone but Rodriguez would inspire such desperation from the Yankees. They can afford to pay this guy. They just don't want to do it out of spite.
And who can blame them? A year after agreeing to pay A-Rod an average of $30 million a year for the next decade, it was revealed that he had a history of steroids. His production has been declining from years and he's gone from "not beloved" by fans to "absolutely reviled."
If any fan didn't hate Rodriguez prior to the 2012 playoffs, they certainly did after. A-Rod, and his partner in money-sucking Nick Swisher, were both benched after being about as useful at the plate as a bowl of discarded sunflower seed shells. If he was upset about the benching, he didn't let that get in the way of his pre-game macking on models in the stands.
And then came renewed allegations of steroid use in January 2013. The Miami Times report listed Rodriguez prominently among many as 20 other active players who had been clients at the Biogenesis anti-aging clinic in Miami. Leading to speculation that he may have been using PEDs for the last decade.
Now it seems that A-Rod's offseason hip surgery may very well keep him out for the entirety of the 2013 season. And it was recently reported that he intends to rehab on his own and will not even attend spring training with the team.
Ouch. Paying him to play terrible baseball is one thing. Paying him $30 million to do absolutely nothing? That's gotta be creating a very serious pain in some Yankee executive ass.