Free agent first baseman Mark Teixeira has reached agreement with the New York Yankees on an eight-year contract worth more than $170 million, two sources involved in the negotiations tells ESPN The Magazine's Buster Olney.
The Yankees swooped in on Teixeira on Tuesday when it was believed the Boston Red Sox or the Washington Nationals were the likeliest to be his future employer. The Red Sox's offer was believed to be in the range of $170 million, and the Nationals reached out with an offer perhaps greater than that of Boston.
Teixeira finished last season with the Los Angeles Angels following a trade from Atlanta. The Angels withdrew from negotiations on Sunday night, in a very public manner, and say they were moving on to other players.
Teixeira had made it clear that he wanted to make a decision on where to play next season and beyond by Christmas.
The Yankees have spent more than $400 million in salary in the last month, with $171 million going to left-handed pitcher CC Sabathia and $82.5 million on right-hande A.J. Burnett.
The agreement with Teixeira gives New York the four highest-paid players in baseball -- third baseman Alex Rodriguez, shortstop Derek Jeter, Sabathia and Texiera.
more later....
No comments:
Post a Comment