NEW YORK (AP) – The New York Yankees are thinking about not making a $6 million payment to Alex Rodriguez if he hits six home runs and ties Willie Mays at 660 for fourth place on the career list.
Rodriguez signed a $275 million, 10-year contract with the team in December 2007 and a separate marketing agreement that called for $6 million payments for up to five milestone accomplishments designated by the Yankees. Each payment is due within 15 days of designation and is in exchange for rights such as using Rodriguez’s name and image in selling licensed goods.
At the time of the marketing agreement, those accomplishments were contemplated to be tying the home run totals of Mays, Babe Ruth (714), Hank Aaron (755) and Barry Bonds, (762), and breaking Bonds’ major league record.
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