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Yankees Keep Sabathia For Extra $30 Million – SportsUntapped.com
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Added November 1st, 2011 by Chalk

Yankees Keep Sabathia For Extra $30 Million
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On the last day that New York Yankees pitcher CC Sabathia could have opted out of the final four years and $92 million left on his contract, the Yankees and their ace agreed on an extension that will pay Sabathia an extra $30 million and keep him under contract through 2016. He’ll make $25 million in 2016, with a $25 million vested option for 2017 or a $5 million buyout.

Sabathia tried to tell the media that his main concern wasn’t money but more ensuring more time playing in the Bronx. “It was clear to everybody I wanted to be a Yankee, end my career as a Yankee,” said Sabathia. “It was just more time, that’s all it was. It was never a question about money or anything like that. It was just more time. I want to end my career here and make sure I end my career as a Yankee and hopefully, I’ve done that.”

The Yankees almost certainly would have wanted Sabathia back in 2016, but if he had given up the leverage of opting out now and waited until after the 2015 season, it’s unlikely he would have squeezed $25 million out of the Yankees. Sabathia surely saw that from Derek Jeter’s negotiations last offseason.

Sabathia pitched in three playoff games this year, surrendering six runs in 8.2 innings without earning a decision in any of the games. Despite home-field advantage, the Yankees lost in the first round to the Detroit Tigers in five games.

 
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