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http://en.wikipedia.org/wiki/Alex_Rodriguez#Opt-out_controversy
Opt-out controversy
The 2007 season marked the last year of Rodriguez's 10-year, $252 million contract before he opted out, effectively making him a free agent again. Rodriguez had repeatedly stated during the 2007 season that he would like to remain a Yankee for the rest of his career.[33] On October 28, 2007, Rodriguez's agent, Scott Boras, announced that he would not renew his contract with the Yankees citing that he "was unsure of the future composition" of the team. He received a slew of criticism from fans and writers alike not only for opting out, but also for not meeting with Yankee management before he did. He was further criticized for the timing of his announcement, during the eighth inning of Game Four of the World Series, as the Boston Red Sox were wrapping up their victory over the Colorado Rockies. After realizing that the situation was not handled very well, Rodriguez contacted the New York Yankees ownership directly, bypassing Boras. Subsequently, Rodriguez issued a statement on his website, saying that he wished to stay with the Yankees.[34] On November 15, 2007, the New York Yankees and Rodriguez agreed on the "basic framework" of a 10-year, $275 million contract that would have him playing until he is 42.[35] The contract, finalized December 13, includes various multimillion dollar incentives for breaking career home run milestones.[36]
Opt-out controversy
The 2007 season marked the last year of Rodriguez's 10-year, $252 million contract before he opted out, effectively making him a free agent again. Rodriguez had repeatedly stated during the 2007 season that he would like to remain a Yankee for the rest of his career.[33] On October 28, 2007, Rodriguez's agent, Scott Boras, announced that he would not renew his contract with the Yankees citing that he "was unsure of the future composition" of the team. He received a slew of criticism from fans and writers alike not only for opting out, but also for not meeting with Yankee management before he did. He was further criticized for the timing of his announcement, during the eighth inning of Game Four of the World Series, as the Boston Red Sox were wrapping up their victory over the Colorado Rockies. After realizing that the situation was not handled very well, Rodriguez contacted the New York Yankees ownership directly, bypassing Boras. Subsequently, Rodriguez issued a statement on his website, saying that he wished to stay with the Yankees.[34] On November 15, 2007, the New York Yankees and Rodriguez agreed on the "basic framework" of a 10-year, $275 million contract that would have him playing until he is 42.[35] The contract, finalized December 13, includes various multimillion dollar incentives for breaking career home run milestones.[36]
