Rumples,
What you are reporting on A-Rod is not really accurate. At the time of A-Rod's opt out in 2007, it was widely reported that the Angels and Arte Moreno (who lusts for good Latin players) were very interested, and had Boras stayed in the picture it would have set off a bidding war between the Yankees, Angels, and possibly the Red Sox (who would have been interesting in jacking up the bids by feigning interest). Once Boras was fired and the Yankees only had to deal with A-Rod, the Yankees were free to give him whatever they wanted to, but also understanding that if A-Rod approached the Aaron or Bonds home run records, it would mean EXTRAORDINARY return on the investment as the entire nation would be watching every game with the Yankees reaping the benefits in terms of not only viewers but all the associated things that go along with having a major record setter on your team. The Yankees did not know back in 2007 about the A-Rod steroid issue or that it would become public in 2009, possibly tarnishing any run at the record. Based on what they knew in 2007, they signed A-Rod at a discount considering the possible return on the investment should he make a run at that home run record. It should also be noted that the Rangers had given A-Rod a mere $23 million less on a 10 year contract some 7 years earlier ($252 million), so it was not out of the realm of reason that the Angels would have offered even more than the Yankees did. Simply put, they never had the chance to because of A-Rod firing Boras and going back to the Yankees with his head between his tail. The Yankees probably could have signed him for less than they did as there were no other bidders, but Cashman, who is a genius, realized that there was more than just paying a player through age 41 or 42 on the line here. There was HISTORY on the line, a history that is bigger than what you can possibly appreciate. It's the same history that makes the movie "Pride of the Yankees" the all-time classic sports movie, one that stars the fine actor Gary Cooper. These are things that are simply far beyond the scope of your appreciation abilities.
Here is a link so you can educate yourself on this:
http://en.wikipedia.org/wiki/The_Pride_of_the_Yankees
The Yankees also got a hometown discount on Pettite last year at a $5.5 million base. This is something that is acknowledged by all the parties.