Newsday is reporting that Yankee closer Mariano Rivera is holding out on agreeing to the highest closer’s salary in history because he wants a longer deal. The Yankees have officially offered Rivera a three-year, $45 million contract, but Rivera is more interested in a guaranteed fourth year.
Despite being 38 years old and not appearing nearly as dominant as he once was, Rivera thinks he deserves the fourth year after seeing fellow teammate Alex Rodriguez accept an initial offer that would have him signed through the age of 42.
In addition to their agreement to keep Alex Rodriguez as the highest paid player in baseball history, the Yankees have also made Jorge Posada the highest paid catcher in Major League history this past week. Clearly the team is willing to reward Rivera for his many years of dominance, but it would be plain insanity to give Rivera a four-year contract, presumably for $60 million.