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Monday, February 16, 2004 - Page updated at 12:00 A.M.

Major League Baseball
Alex Rodriguez salary numbers


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Pay-Rod
If commissioner Bud Selig approves the trade of Alex Rodriguez from Texas to New York, the Rangers will pay $67 million of the $179 million still owed Rodriguez the next seven years. The original contract was for 10 years, $252 million. The remaining salary will be broken down this way:
Year Yankees Rangers
2004 $15 million $3 million
2005 $15 million $6 million
2006 $15 million $6 million
2007 $16 million $7 million
2008 $16 million $8 million
2009 $17 million $7 million
2010 $18 million $6 million

• The Rangers will pay $43 million of Rodriguez's salary the next seven years, plus $24 million in deferred money remaining on the contract, with the interest rate lowered from 3 percent to 1.75 percent.

• The deferred money already owed by Texas — $36 million, including salaries from 2001-03 — will be converted to an assignment bonus. The payout schedule will be pushed back to 2016-25 from 2011-20.

• In exchange for the alterations, which devalue the present-day value of the contract by $5 million, Rodriguez will receive a hotel suite on road trips, have the right to link his Web site to the Yankees' site and get a guarantee that the deferred money won't be wiped out by a work stoppage.


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