Read more here. Scroll down to Opt-out Controversy.
In the following:
[Alex Rodriguez went to the Texas Rangers in a 10-year $252 million deal. He was traded to the New York Yankees in 2004, and three years later exercised his opt-out clause, and resigned for ten years and $275 million.]
Does he really resigned and took money??? I can't get it? Is there anything like that??? Like he shose not to play for 10 years and receive $275? or pay them???????
'Rodriguez's agent, Scott Boras, announced that [Rodriguez] would not renew his contract with the Yankees.
After realizing that the situation was not handled very well, Rodriguez contacted the New York Yankees ownership directly, bypassing Boras. Subsequently, Rodriguez issued a statement on his website, saying that he wished to stay with the Yankees.'