The early free agency period has been highlighted by players staying with their teams, rather than seeking potentially bigger dollars from new clubs.
Alex Rodriguez, after a brief and strange flirtation with the free agent market, did a 180-degree turnaround and negotiated directly with the Yankees to reach a ten-year, $275 million contract. Recently, the Yankees have announced that Rodriguez will also earn $6 million bonuses when he ties Willie Mays, Babe Ruth, Hank Aaron and Barry Bonds on the all-time home run list. He'll get another $6 million when he breaks Bonds's record. In other words, if Rodriguez breaks the all-time home run record , which is about as certain as the Patriots winning this year's Super Bowl, he will earn $305 under the deal.
Fellow Yankees Mariano Rivera, Jorge Posada, and Bobby Abreu re-signed with the Yankees, ensuring that they will once again be a formidable opponent.
Curt Schilling signed a one year deal to come back to the World Series Red Sox for a base salary of $8 million, with performance incentives that could raise his total pay to $13 million.
Torii Hunter rejected a three-year/$45 million offer to stay with the Minnesota Twins, and then reached an accord with the Angels that will pay him $90 million over the next five years.
But the biggest remaining fish of all, Johan Santana, though not a free agent until 2008, is the most highly sought after pitcher in years. Currently, the Yankees are in talks to acquire the two-time Cy Young award winner.
If the Yankees land Santana, look for them to take back the American league East in 2008.