Cliff Lee, who was considered the hottest free agent in baseball, has joined the Phillies for a cool $120 million -- and actually turned down a higher offer from the Yankees.

Even after turning down a higher offer from the New York Yankees, pitcher Cliff Lee won’t be hurting: He’s set to rake in $120 million from the Phillies. But is that high salary a good business move for the team?

Continue reading The Recession Hits Baseball Players — Except for Cliff Lee

The Recession Hits Baseball Players — Except for Cliff Lee originally appeared on DailyFinance on Wed, 15 Dec 2010 21:00:00.

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