Brian Cashman doesn’t seem to be losing any sleep over the idea of Alex Rodriguez opting out of his contract at the end of the season. The GM said today that the team has no intention of offering their third baseman an extension to try and keep him.
“Alex has a significant contract. The most significant in baseball history,” Cashman told the Associated Press. “He has a decision to make. It’s in his contract. It’s a right he’s earned. If he exercises it, he’s a free agent. If he doesn’t, he’s not. We’d love to have him stay with us.”
Cashman said Rodriguez would be treated like Jorge Posada and Mariano Rivera, who also will become free agents at the end of the season. Rodriguez hasn’t said he will exercise his option but that is the tactic agent Scott Boras is sure to employ.
In theory, the Yankees could bid for Rodriguez once he becomes a free agent. But he is more likely to get top dollar from the Angels or Cubs.
If Rodriguez elects to stay in New York under the terms of his deal, he also has the right to opt out of his deal after the 2008 and 2009 seasons unless the Yankees increase his salary to $32 million.