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Rodriguez finalizes $275M deal with Yankees

Updated: December 13, 2007, 2:21 PM ET
Associated Press

NEW YORK -- Alex Rodriguez set another record for baseball's highest contract, finalizing his $275 million, 10-year agreement with the New York Yankees on Thursday.

A-Rod set the previous mark with his $252 million, 10-year deal with Texas in December 2000. Traded to the Yankees in 2004, he opted out of that contract Oct. 28, during the final game of the World Series.

Yankees senior vice president Hank Steinbrenner said New York would not negotiate further with Rodriguez because ...

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