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Pettitte Due Millions in Backloaded Salary; Yankees Say “We Can Afford That!”
Sunday, February 05, 2006
Andy: I know NY is no Texas, but it looks like you had fun! Come on back!

While Clemens is still in the front of every Yankees fan’s mind, another Astro pitcher could be an even more realistic possibility for the 2006 season – or part of it, anyway. When Pettitte signed with the Astros in 2004 he agreed to a “backloaded” contract, a scenario that allowed the Astros to pay Pettitte a smaller salary for his first season followed by increasingly larger salaries in subsequent seasons. After getting $5.5 million in 2004 and $8.5 million for the 2005 season, Pettitte is due a mind-blowing $17.5 million dollars for the 2006 season, a price the Astros may not want to pay if their team isn’t in contention for the playoffs. If the Astros aren’t doing well enough to warrant playoff speculation by the trade deadline, the Yankees may try to swoop in on the opportunity to take Pettitte and his huge contract of the Astros’ hands. Regardless of how the Yankees or Astros would feel about such a trade, the decision will ultimately rest in Pettitte’s hands, as he does have a no-trade clause in the contract. Depending on where his boss/buddy Clemens ends up and what the Yankees record is come summer, Yankee fans may be able to dust off the ol’ Pettitte jerseys someday…
posted by Yankees Chick @ Sunday, February 05, 2006  
1 Comments:
  • At 11:37 AM, Anonymous Anonymous said…

    Oh, sure, NOW the Yankees are willing to pay Pettite a big salary. Yet another nauseating example of Steinbrenner undervaluing his own free agents while over-valuing everybody else's. Should Pettite return to the Bronx-- something I would love, just to be clear-- it will probably end up costing more than had the Bombers pitched a fair contract after the 2003 season.

     
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