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If he opts out, he'll pull what A-Rod did and what Jeter and Mariano sort of hinted this offseason and use it as leverage for more money.
Very few teams would be willing to lock CC for that much money based on his age even though he's a good pitcher but everyone also knows the Yankees tend to panic and outbid themselves a lot of times as well.
Same for Pujols using his deadline as a way to gain more money since he knows his best value is at St. Louis but also knows that once A-Rod got his $300 million, he was going to give a shot at it. Also helps that Pujols is compared a lot to Babe Ruth in stats.
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