Baseball deals dwarf soccer transfers

For those who think that the millions of euro thrown around by clubs such as Real Madrid and Chelsea are extortionate in the extreme, look away now.

2nd December, 2006

For those who think that the millions of euro thrown around by clubs such as Real Madrid and Chelsea are extortionate in the extreme, look away now. Recent deals signed by American baseball teams make football’s transfer fees look paltry.

Last week, the New York Yankees secured the rights to negotiate with Japanese pitcher Kei Agawa for $26,000,194 (the last three digits match Agawa’s strikeout total this year) - €19 million – to...

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