Wallace Matthews and Andrew Marchand of ESPNNewYork are reporting that the New York Yankees are looking into multiple avenues to void Alex Rodriguez's contract after fresh allegations that he visited Biogenesis, an anti-aging clinic in Miami that has reportedly given banned performance enhancing drugs (PEDs) to a number of big name players, none bigger than A-Rod.
Though the Yankees will likely fail to void A-Rod's contract--that, like the contract itself, would be unprecedented (more on that below)--they are doing their due diligence, just in case. From ESPNNewYork:
According to an industry source, the Yankees "are looking at about 20 different things," including whether Rodriguez breached the contract by taking medical treatment from an outside doctor without the team's authorization, and the possibility that he may have broken the law by purchasing controlled substances from a Miami "wellness clinic" run by nutritionist Anthony Bosch.
Of course, players have been suspended for PEDs, arrested for driving drunk and otherwise get in the news for the wrong reasons, but this never leads to contract voiding. So why are the Yankees contemplating it with A-Rod?
Simple: he's not worth the money they are paying him. Alex Rodriguez fought through injuries to be a half-notch better than league average while playing not great defense at third. Since the future is ever-murky and A-Rod just had surgery, let's be generous in projecting his future. Let's say he comes back more like the guy who got on base and hit for power in 2010 and 2011. But we also have to factor in two more years: A-Rod will turn 38 this year. The best the Yankees can reasonably expect is a solid offensive third-baseman, who needs some occasional time off.
Now consider that the Yankees owe Rodriguez $28 million in 2013, making him the highest paid player in the league. After that, the Yankees will pay A-Rod $25 million, $21 million, $20 million and one more $20 million, with those last two coming in his age-41 and 42 seasons. Unless he can stage a resurgence, A-Rod could well be a bench player by then.
So, the Yankees, for the sake of being better-able to allocate their funds, are looking into voiding A-Rod's contract. It's not because he may have broken the rules, it's because A-Rod, one of the best players to ever wear a uniform, is now massively overpaid.