Yanks settle A-Rod dispute, donate $3.5M

(AP Photo/Mark J. Terrill)

NEW YORK (AP) Alex Rodriguez and the Yankees settled their dispute over a marketing payment with a deal announced Friday that gives $3.5 million to charitable groups, saves the team $5.9 million and gets A-Rod the home run ball from his 3,000th hit.

At the time Rodriguez and the Yankees signed their $275 million, 10-year contract in December 2007, they reached a separate marketing agreement. It called for $6 million each for up to five milestone accomplishments in exchange for marketing rights, such as using A-Rod's name and image in selling licensed goods. The first was to be for A-Rod's 660th home run, tying Willie Mays for fourth on the career list.

The club's relationship with Rodriguez deteriorated during 2013, when he was a target of Major League Baseball's Biogenesis drug investigation. That led to A-Rod's suspension for the entire 2014 season after then-Commissioner Bud Selig concluded he violated the sport's drug agreement and labor contract. Rodriguez sued MLB, the players' union and the Yankees' team physician, then dropped the litigation.

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AL Home Runs
Rank Name HR
1 A. Pujols, LAA24
2t J. Martinez, Det21
2t M. Trout, LAA21
4 N. Cruz, Sea20
5t J. Donaldson, Tor19
5t M. Teixeira, NYY19
5t L. Valbuena, Hou19
8 C. Davis, Bal18
9 E. Encarnacion, Tor17
10t J. Bautista, Tor16
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AL Runs Batted In
Rank Name RBI
1 J. Bautista, Tor55
2 M. Teixeira, NYY54
3t M. Cabrera, Det53
3t S. Vogt, Oak53
5 J. Donaldson, Tor52
6 J. Martinez, Det51
7t E. Encarnacion, Tor50
7t K. Morales, KC50
9t C. Davis, Bal49
9t P. Fielder, Tex49
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7/3/2015 3:25:17 PM