The New York Yankees just made another huge splash in the free agent market as Mark Teixeira and the team have agreed on a eight year contract that will be worth $180 million. Yes, you heard me right, $180 million! That means that the highest four players in major league baseball all will be playing for the New York Yankees.
The contract would pay Teixeira an average of $22.5 million per season. New York has spent $423.5 million in salary in the last month, with $161 million going to left-handed pitcher C.C. Sabathia in a seven-year deal and $82.5 million on right-hander A.J. Burnett for five years.
The Boston Red Sox and Washington Nationals were the two other teams that were in the final three for Tex. This was a big time signing for the Yankees, now let’s all just hope that it doesn’t backfire!
