Yankees Sign Teixeira

The New York Yankees certainly are not afraid to spend money. After spending big bucks on CC Sabathia and A.J. Burnett, the Yankees added first baseman Mark Teixeira.

Teixeira was expected to decide on a team today, receiving offers from multiple teams. The Yankees and Teixeira agreed to an 8 year $180 million deal.

The Yankees will have a very large payroll in 2009. Sabathia is set to make millions before he throws out the first pitch. Burnett received a very large contract. Derek Jeter and Alex Rodriguez are among Yankees players who are have contracts worth over $100 million.

Teixeira spent most of his career with the Texas Rangers before being traded to the Atlanta Braves. Tex was traded before the trade deadline in 2008 to the Los Angeles Angels.

Teixeira, a switch hitter, is a career .290 hitter in 6 seasons in the Major Leagues. He also provides power from both sides of the plate. With 203 career homeruns, Tex has a career .541 SLG. Tex has a career .378 OBP and .919 OPS. To go along with his bat, Tex provides Gold Glove defense at first base.

This offseason alone the Yankees stacked up big time by adding Teixeira and Sabathia alone. With Chien Ming-Wang returning, and even the addition of Burnett, the Yankees improved their rotation. Their lineup is also much stronger with the addition of Teixeira. It's still to early to judge, but the Yankees have made themselves early World Series favorites.


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