It is official! Mark Teixeira and agent Scott Boras finally made up their mind and successfully negotiated with the New York Yankees, signing a deal worth an estimated $180MM over the span of eight years and a no-trade clause contract.
The Yankees apparently outbid the Red Sox by almost $12MM plus even after the Yanks got nailed for luxury taxes earlier this week. An official announcement has not been yet confirmed by Yankees officials as of 7:40 PM EST tonight (December 23rd, 2008).
The decision comes after rumors began to circulate earlier this week about the Red Sox supposedly dropping all offers with Teixeira, and shutting the door on his chances to play in Boston. Obviously this rumor turned out to be false or negotiations may have just continued.
Agent Scott Boras was quoted saying that the decision was based on which team had the best chances of winning a future championship. Can you blame him?
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