Yankees’ Teixeira Admits to Being Overpaid

by | February 5, 2013 at 11:50 PM | General, MLB

(AP Photo/Charles Rex Arbogast)

Major League Baseball fans may think that the Yankees are overpaying for first baseman Mark Teixeira. The 32-year old slugger couldn’t agree more. In an interview with “The Wall Street Journal,” Teixeira admitted that he is being overpaid with the eight-year, $180 million contract he signed in 2009.

Teixeira confessed, “I have no problem with anybody in New York, any fan, saying you’re overpaid. Because I am. We all are.”

The three-time All-Star understands that it’s a numbers game. And no matter how you do the math, it’s almost impossible for one player to be worth the multi-million-dollar contract that he is handsomely paid.

“Agents are probably going to hate me for saying it,” Teixeira continued. “You’re not very valuable when you’re making $20 million. When you’re Mike Trout, making the minimum, you are crazy valuable. My first six years, before I was a free agent, I was very valuable. But there’s nothing you can do that can justify a $20 million contract.”

The Yankees had the highest payroll in baseball last year at $195,998,004. Despite “earning” $23,125,000 last season, Teixeira was still the third-highest paid player on the storied franchise’s roster. CC Sabathia made $24,285,714 and Alex Rodriguez raked in an astounding $30,000,000.

The 2012 season featured career lows for Teixeira. His 24 home runs were off his normal mark. His 84 RBIs tied a career worst since entering the league 10 years ago.

Teixeira seems very comfortable in his role as a declining star. “Maybe I’m slowing down a tick. Look, I’m not going to play forever. Eventually you start, I don’t want to say declining, but it gets harder and harder to put up 30 [homers] and 100 [RBIs],” Teixeira said.

We only hope that the Yankees organization is as understanding. They owe the slugger $90 million through 2016.

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.