About this document
A-Rod by Amit Pandey is a document available to read on EtoBox.
Rodriguez signed a 10-year, $252 million contract with the Texas Rangers in 2001. The contract included standard salaries between $16-27 million per year from 2001-2010, plus a $10 million signing bonus paid over 5 years. It also included deferred payments totaling $33 million from 2011-2020 that would accrue 3% annual interest. Calculating the actual value of the deferred payments, which were 10 years in the future, results in a different present contract value than the quoted $252 million.
- Author
- Amit Pandey
- Language
- EN