This Day in New York Yankees History 12/13: A Rod and Giambi

On this day in 2007 the New York Yankees and recently opted out free agent Alex Rodriguez agreed on a 10 year deal worth $275 million with incentives that could bring the deal to $320 million. A Rod now owns the two richest deals in Major League history.

Also on this day in 2001 the New York Yankees signed free agent first basemen Jason Giambi to a seven year deal worth $120 million to steal him from the Oakland Athletics. Giambi was the 2000 American League MVP and the runner up in 2001 before coming to New York. Giambi led the A's to a Wild Card berth after driving in 120 runs, hitting 38 home runs, and batting .342.