According to a published report last night, the two sides have agreed upon a $30 million marketing package tied to home-run accomplishments that could make A-Rod's new deal worth $305 million over 10 years.
The base contract would call for Rodriguez to receive $275 million, with an additional $6 million going into his coffers each time he climbed a rung on the all-time home run list starting with Willie Mays at 660.
No, that's not guaranteed -- he does have to top Bonds' record in order to break the $300M barrier -- but he's got an excellent chance to do it. And if he doesn't break the record during the course of this contract, the mere $275M or so he gets will still represent wild overpayment because it means the guy averaged something around 25 homers a season or less during its duration. Upshot: call Boras a tool if you want, but he got his guy paid more or less what he had said he would.
By the way, I tip my lawyer cap to the gentlemen who came up with the "marketing agreement" charade the parties are using to circumvent the usual prohibition on stat-based performance incentives in player contracts. As if Rodriguez's schedule is going to be free for additional promotional appearances if and when he gets into Ruth-Aaron-Bonds territory. It's a performance incentive, pure and simple, and it's only getting a pass because someone was bright enough to characterize it in a way that makes people feel comfortable about something which would normally make them uncomfortable.
It's harmless in this instance -- I think stat-based incentives could be a good thing if the right stats are picked -- but there are a whole mess of things that impact our lives in significant and often negative ways that we never think about because someone -- probably a lawyer -- couched it just so as not to offend or cause us to think too hard.