Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

A-Rod accepts season-long suspension  Join our daily free Newsletter

MENAFN - Arab News - 08/02/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN -Arab News) NEW YORK: Alex Rodriguez accepted his season-long suspension from Major League Baseball on Friday, the longest penalty in the sport’s history related to performance-enhancing drugs.The decision came nearly four weeks after arbitrator Fredric Horowitz issued his decision largely upholding the penalty issued to the New York Yankees third baseman last summer by baseball Commissioner Bud Selig.Rodriguez had repeatedly proclaimed his innocence and sued MLB and the Major League Baseball Players Association in federal court to overturn the penalty.But 27 days after Horowitz’s decision, the three-time American League MVP withdrew the lawsuit and a previous action filed in October claiming MLB and Selig were engaged in a “witch hunt” against him. Rodriguez became the 14th and final player to accept a suspension following baseball’s investigation of the Biogenesis of America anti-aging clinic.“I think it’s a good move for him,” former Commissioner Fay Vincent said. “A-Rod had no chance legally, and the commissioner got his authority validated.”MLB issued low-key statement calling the decision to end the litigation “prudent.”“We believe that Mr. Rodriguez’s actions show his desire to return the focus to the play of our great game on the field and to all of the positive attributes and actions of his fellow major league players,” the sport said. “We share that desire.”Rodriguez had angered many of his fellow players by suing his own union in an attempt to avoid a suspension.“Alex Rodriguez has done the right thing by withdrawing his lawsuit,” the union said in a statement. “His decision to move forward is in everyone’s best interest.”After Horowitz issued his decision on Jan. 11, Rodriguez put out a defiant statement proclaiming “no player should have to go through what I have been dealing with” and promising “I am exhausting all options to ensure not only that I get justice, but that players’ contracts and rights are protected.”But a few hours after the Arizona Diamondbacks became the first team this year to start spring training workouts, and with the Yankees a week from opening camp, Rodriguez folded quietly.“We stand by the statements issued and have no further comment,” Rodriguez spokesman Ron Berkowitz said.Rodriguez will lose most of his 25 million salary — Horowitz ruled he is entitled to 21-183rds, 2,868,852.46. He will be 39 when he is eligible to return in a year, and he has incentive to play during the final three seasons of his contract. The Yankees owe him 21 million in 2015 and 20 million in each of the final two seasons of the record 275 million, 10-year deal.But the 14-time All-Star has been hobbled by injuries in recent years and hasn’t played a full season since 2007.The timing of Rodriguez’s decision was set in motion by US District Judge Edgardo Ramos, who on Jan. 30 told the player’s lawyers to respond by Friday to arguments from MLB and the union that the case should be dismissed.


Arab News

  MENA News Headlines
 Oct 25 2016 - AIWF holds successful Young Arab Women Leaders: The Voice of the Future initiative in Kuwait with the valued support of the Ministry of State for Youth AffairsMENAFN Press
(MENAFN Press) Following on from the success of the Young Arab Women Leaders: The Voice of the Future conferences in Amman, Beirut and Dubai in 2012, Palestine in 2013, London in 2011 and 2014, and ...

 Oct 25 2016 - Microsoft and Toyota Join Forces in FIA World Rally ChampionshipMENAFN Press
(MENAFN Press) Markazia, the sole distributor of Toyota, Lexus and Hino trucks in Jordan, announced that Toyota recently reached an agreement with Microsoft to collaborate in the 2017 FIA World ...

 Oct 25 2016 - Region’s retail industry expected to grow by 7%MENAFN Press
(MENAFN Press) Despite a softening in some markets of the GCC construction sector, and slow global oil price recovery, retail industry in the region is expected to see yearly growth between 7 to 12 ...

 Oct 25 2016 - Dubai design week officially opens at d3MENAFN Press
(MENAFN Press) Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman, Dubai Culture in partnership with Dubai Design District (d3), and supported ...

 Oct 25 2016 - Bedaya organises “Social Media Marketing for startups” workshopMENAFN Press
(MENAFN Press) The Bedaya Center for Entrepreneurship and Career Development (Bedaya Center), a joint initiative by Qatar Development Bank and Silatech recently hosted its monthly “Second Sunday” ...

 Oct 25 2016 - Global adds new markets and additional features to its online trading service, Global WasataMENAFN Press
(MENAFN Press) Global Investment House "Global" or the "Company", a regional asset management & investment banking firm headquartered in Kuwait with offices in major capital markets in the MENA ...

 Oct 25 2016 - Al Nafisi : International companies now establishing businesses at Mazaya LogisticsMENAFN Press
(MENAFN Press) Al Mazaya Holding revealed that it has achieved an 82 percent occupancy rate in its Mazaya Logistics project in Bahrain Investment Wharf. The ML consists of 44 industrial units ...

 Oct 25 2016 - du and RGA London Announce New Strategic Alliance: ‘Connected Design by RGA & du’MENAFN Press
(MENAFN Press) R/GA London, the company for the Connected Age, and UAE-based telecommunications service provider – ‘du’, announced a new strategic alliance to create a regional best-in-class ...

 Oct 25 2016 - Sharjah International Children’s Film Festival serves as an ode to excellence in international cinemaMENAFN Press
(MENAFN Press) Sharjah International Children’s Film Festival (SICFF), running from October 23 to 28 at JRCC and Novo Cinemas, boasted its most impressive line-up of films yet, showcasing the depth ...

 Oct 25 2016 - Abu-Ghazaleh & Mexican Ambassador Patronize the JOrchestra and Mexican ConductorMENAFN Press
(MENAFN Press) The Jordanian National Orchestra Association (JOrchestra) presented a special concert entitled "Friendship" with the attendance of HE Dr. Talal Abu-Ghazaleh, HRH Princess Wejdan and ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help