JABO: Has Alex Rodriguez Been Worth the Money?

Alex Rodriguez has had an interesting few years. Ok, so that’s a big understatement. Besides the controversies, the 3,000 hits, and the various arguments with management and professional baseball catchers, we’re now witnessing something most people didn’t expect: a 39-year-old A-Rod putting together an incredible offensive year. As he heads toward the final two years of his contract in New York, two questions arise: has Rodriguez been worth the incredible amount of money he’s received over the span of his current contract? And has he been worth the money he’s getting this year?

First, it’s important to establish just how great and anomalous Rodriguez has been this season for, well, how old he is. It is pretty well known that most offensive categories should have taken a serious hit by the time a slugger approaches 40, but A-Rod has bucked that trend — in fact, he’s been close to his former greatness, at least offensively.

We can measure his success this year in a number of ways: by simple numbers (his current 152 wRC+ is in line with some of his better previous seasons — he posted the same wRC+ in his stellar 2008 campaign), average batted-ball velocity (he’s top five in the league), and fly ball/home run distance. The short story: A-Rod is hitting the ball really hard, really far, and he’s even being pitched to like he’s a slugger in his prime.

Now that we’ve established how great he’s been this season, let’s talk about the contract, and free agent deals. We often hear about teams backending contracts. They do so because inflation will devalue the later years of a deal, and they might be able to deal the player to a team who will eat some of the contract later on. It’s the free agent version of kicking the can down the road: sign the player now, get the production, and deal with the hard decisions later.

Read the rest on Just a Bit Outside.

You Aren't a FanGraphs Member
It looks like you aren't yet a FanGraphs Member (or aren't logged in). We aren't mad, just disappointed.
We get it. You want to read this article. But before we let you get back to it, we'd like to point out a few of the good reasons why you should become a Member.
1. Ad Free viewing! We won't bug you with this ad, or any other.
2. Unlimited articles! Non-Members only get to read 10 free articles a month. Members never get cut off.
3. Dark mode and Classic mode!
4. Custom player page dashboards! Choose the player cards you want, in the order you want them.
5. One-click data exports! Export our projections and leaderboards for your personal projects.
6. Remove the photos on the home page! (Honestly, this doesn't sound so great to us, but some people wanted it, and we like to give our Members what they want.)
7. Even more Steamer projections! We have handedness, percentile, and context neutral projections available for Members only.
8. Get FanGraphs Walk-Off, a customized year end review! Find out exactly how you used FanGraphs this year, and how that compares to other Members. Don't be a victim of FOMO.
9. A weekly mailbag column, exclusively for Members.
10. Help support FanGraphs and our entire staff! Our Members provide us with critical resources to improve the site and deliver new features!
We hope you'll consider a Membership today, for yourself or as a gift! And we realize this has been an awfully long sales pitch, so we've also removed all the other ads in this article. We didn't want to overdo it.




Owen Watson writes for FanGraphs and The Hardball Times. Follow him on Twitter @ohwatson.

9 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
vivalajeter
10 years ago

Isn’t his ‘current’ contract from 2008-2017 though? His two main ‘big’ seasons (2005 and 2007) were part of the original contract from Texas (and I think Texas paid a portion of those years, which makes it a bigger win for the Yankees). He opted out of the contract, and the Yankees could have walked away at that point.

They re-signed him to his current 10-year deal, and the Yankees have been on the losing end of that one just about every year, aside from small positives in 2008 and, so far, 2015.

JayT
10 years ago
Reply to  vivalajeter

Yeah, that was my first thought too. It kind of throws this whole article off.

Cool Lester Smooth
10 years ago
Reply to  Owen Watson

Yeah, he’s likely been a net positive overall for the money the Yankees have paid him but, simultaneously, that doesn’t excuse the 2008-2017 abomination of a contract.

Ian R.
10 years ago
Reply to  Owen Watson

Except the Yankees gave up more than just money for those four years of A-Rod. They also traded away three years of Alfonso Soriano, including his huge 2006 season.

jmarsh
10 years ago
Reply to  vivalajeter

That’s the first thing I thought too. The new deal he is currently on is not a bargain in any way. In this manner, Mike Trout could become a replacement level player and “justify” his current contract based on total service.