The Yankees finalized one of the most significant transactions in their 116-year history fifteen years ago today when they sent Alfonso Soriano and Joaquin Arias (originally a PTBNL) to the Texas Rangers. The Yankees, of course, received Alex Rodriguez and $67 million in return; this would be the best trade in the history of almost every other franchise in the league, but the Yankees once traded $100,000 for Babe Ruth. It is worth reflecting on the circumstances that led to the league-altering trade, for Alex Rodriguez is the embodiment of baseball’s contemporary labor unrest and his story imparts many important lessons.
The A-Rod Trade Offers Valuable Lessons
