Ten years ago today, the Yankees acquired Alex Rodriguez and $67M from the Rangers for Alfonso Soriano and Joaquin Arias. New York landed the best player in baseball at age 28 on what amounts to a seven-year, $112M contract. Things with A-Rod are terrible now, but he was a monster from 2004-07 before using his opt-out clause. It was one of the best trades in history.
Joel Sherman has a look inside how the trade went down, including the failed deal with the Red Sox. It’s similar to ESPN’s 30 for 30 video but it includes some more big picture and long-term information. For example, Rangers owner Tom Hicks hoped signing A-Rod would lead to developers gobbling up the 270 acres he owned around The Ballpark in Arlington. Texas also came close to flipping Soriano for Jose Reyes after the trade, and the opt-out was designed to help Rodriguez finish his career with the Mets, his favorite team growing up. Check it out, there’s some pretty interesting stuff in the article.