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Yankees President Randy Levine offered a succinct response when asked what he thought about the Marlins and outfielder Giancarlo Stanton breaking the record for richest contract that had been held by Alex Rodriguez for more than 13 years until last spring.

"Thank God," Levine said, laughing. "Thank God."

Not all executives are quite so pleased.

As baseball executives gathered for two days of owners meetings in Kansas City, the flurry of pricy contracts that have already been offered this offseason was a topic of conversation.

Along with Stanton's record-setting $325 million, 13-year pact with Miami, the Blue Jays gave catcher Russell Martin an $82 million, five-year deal, and the Athletics agreed to give Billy Butler a $30 million, three-year deal to become their first baseman and designated hitter.