Farewell to Pinstripes: Alex Rodriguez Opts Out of His Contract

Tim MorleyCorrespondent IOctober 29, 2007

IconIt was announced during Game Four of the World Series Sunday night that Alex Rodriguez would be opting out of the final three years of his contract with the New York Yankees.

The speculation about A-Rod's future began during Spring Training. He was given 10 days from the end of the World Series to make a decision—turns out he didn’t need that long.

As it stands, Rodriguez may well be the most valuable free agent in baseball history.

He'll likely sign a contract worth close to $300 million over 10 years—a staggering amount, even for a player who inked a 10-year, $252 million deal with the Texas Rangers in 2000.

Brian Cashman announced weeks ago that the Yankees wouldn't negotiate if Rodriguez opted out of his contract, citing the fact that the club would lose $21 million the Rangers had assumed as part of the trade that sent A-Rod to the Yankees.

The question now is how the decision will affect the rest of the Yankees' roster. Jorge Posada and Mariano Rivera are both free agents. Will they take A-Rod's departure as a sign that it’s time to move on?

And oh, by the way...

Who's going to play third base?

Read more articles on the state of the New York Yankees at www.nyypride.com.