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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
baseball

Alex Rodriguez Says He’s Retiring in 2017

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March 24, 2016, 9:39 AM ET
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Yankees DH Alex Rodriguez will retire when his current contract expires after the 2017 season, he told ESPN’s Andrew Marchand on Wednesday.

Rodriguez is due $42 million over the next two seasons. He will be 42 years old at the end of the 2017 season.

After making a few appearances in the field last season, the Yankees have said that Rodriguez will only play as a designated hitter this season.

Rodriguez batted .250 with a team-high 33 home runs and an .842 OPS last season, his first year back after serving a season-long suspension for his involvement in the Biogenesis controversy.

Rodriguez, the top pick in the 1993 draft, broke into the majors with the Mariners at age 18 in 1994. When he became a free agent after the 2000 season, Rodriguez signed a record 10-year, $252 million contract with the Rangers. He was traded to the Yankees three years later and won a World Series ring with New York in 2009.

In 2007, Rodriguez opted out of his contract and re-signed on a 10-year, $275 million deal.

Steroid scandals made Rodriguez a divisive character earlier in his career but he has rehabilitated his image in recent years. His appearances as an analyst for Fox’s playoff coverage earned positive reviews and he has served as a mentor for younger teammates.

– Dan Gartland

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