Selig gives blessing to mega-merger

Updated: February 17, 2004, 12:33 AM ET
ESPN.com news services

NEW YORK -- It's official: Alex Rodriguez is a Yankee .

Commissioner Bud Selig approved the record-setting deal Monday, allowing the reigning American League MVP to be traded to New York by the Texas Rangers.

"I'm pretty excited. This is a big, big one," Yankees owner George Steinbrenner said.

"It ranks with when we signed Reggie," he said, a reference to when slugger Reggie Jackson joined the Yankees before the 1977 season.

Texas will pay $67 million of the $179 ...

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