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Daily Digit; $35 mln suspension

Monday, August 05, 2013 - 01:06

Aug. 5 - New York Yankee third baseman Alex Rodriguez could lose around $35 million in salary due to a suspension for allegedly using performance enhancing substances. Conway G. Gittens reports.

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The Daily Digit is $35 million. That's a rough estimate of how much New York Yankee Alex Rodriguez loses in salary now that he's been suspended until the start of the 2015 baseball season. He can play ball during the record suspension when he decides to appeal. But if the suspension holds, that works out to $27.5 million for all of next season and the remainder is for this season. That math is based on his $275 million, 10-year contract, which stands as the highest ever for baseball since signed back in 2007. Rodriguez has been suspended for ties to Biogenesis, a closed-down Florida company accused of distributing performance enhancing drugs, and for trying to block the long-running investigation into his alleged doping. But the pain to Rodriguez's wallet is likely to be deeper than the tens of millions of dollars in lost salary pay - - with advertisers expected to walk.

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Daily Digit; $35 mln suspension

Monday, August 05, 2013 - 01:06