Blog Entry

Yankees increase offer to Jeter

Posted on: November 28, 2010 1:20 pm
Edited on: November 28, 2010 2:47 pm
Derek Jeter It wouldn't be a day here on Facts & Rumors without a Derek Jeter update, would it?

Sports Illustrated 's Jon Heyman reports the Yankees are expected to increase their offer to Jeter, to "in the $50 million range for three years."

If that's true, it appears the Yankees are softening a bit on their hard-line stance of telling him to find a better contract than the three-years, $45 million they've already offered. However, even with the increased offer, the Yankees will not budge from cutting Jeter's $21 million salary from 2010.

Jeter, 36, hit .270/.340/.370 with 10 home runs in 2010, numbers down across the board from 2009, and perhaps signs of a player in decline (which, you know, happens in the late 30s.)

Jeter's camp seems to be stuck on his value to the team away from the field, but the Yankees have survived the end of Babe Ruth, Joe DiMaggio and Mickey Mantle, so somehow I think the franchise could survive without Jeter.

-- C. Trent Rosecrans

For more baseball news, rumors and analysis, follow @cbssportsmlb on Twitter or subscribe to the RSS feed.


Since: Dec 8, 2008
Posted on: November 30, 2010 5:28 pm

Yankees increase offer to Jeter


Shattered Dream
Since: Aug 4, 2010
Posted on: November 29, 2010 6:04 pm
This comment has been removed.

Post Deleted by Administrator

Since: Sep 5, 2006
Posted on: November 29, 2010 3:53 pm

Yankees increase offer to Jeter

 - Yes, but $50 million for three years is throwing money at a player. They're not lowballing him. They're being more than fair. Giving him $150 million is going well past overpaying a player and into a new atmosphere of stupid.

Since: Sep 5, 2006
Posted on: November 29, 2010 2:53 pm

Yankees have dumped money into worse...

;     The New York Yankees will live long after Derek Jeter retires. The stands will fill up, the jesrey/hat sales will be huge worldwide. But one thing is a fact. The Yankees have thrown money at worse players than Jeter. I could go down the list but my fingers would blister before I was done. Give the guy some more money. make it performance based for bigger money  and be ready to put in a rookie shortstop or willing to get one by Trade if Derek falls apart.  This is the Yankees not any other mlb team. They have the money to burn, the Yankees do pay alot of money to other teams in the league via salary cap taxes.

;     And if Babe Ruth were alive or the Mick was around to see the YES network  and kids with Yankees hats on in other parts of the world, you bet they would want their money.

Since: Aug 18, 2006
Posted on: November 29, 2010 2:41 pm

Yankees increase offer to Jeter

It does seem like the Yanks are bidding against themselves.  He is not worth $15 per year for 3 years anymore.  That offer is generous.  They would be wise to stick to their guns.

Since: Aug 7, 2008
Posted on: November 29, 2010 2:34 pm

Yankees increase offer to Jeter

Perhaps you did not know that fake wrestling is all about acting and not doing actual stunts. Hogan could have had another 5 years, but Vince McMahon wanted to tear down Hogan because Vince thought he would make alot of money doing it. But guess what? In the 5 years Hogan left the WWE that other wrestling league grew in popularity.....partly due to Hogan's participation in that league. So who's the fool now?

Since: Feb 25, 2008
Posted on: November 29, 2010 2:05 pm

Yankees increase offer to Jeter

Its funny how there is no interest from any other team in mlb, and the yankees still outbid themselves...makes no sense

Since: Aug 10, 2008
Posted on: November 29, 2010 12:12 pm

Yankees increase offer to Jeter

For all of you who talk about the "worth" of Jeter the man vs the worth of Jeter the player I want you to read this example.  Hulk Hogan was a name known by not just everyone in the United States of America but throughout the entire world from the mid 80s to early 90s and even still today.  Even people who HATED wrestling knew Hulk Hogan and LIKED him a lot more than people like or even know Derek Jeter today. Hulk Hogan filled stadiums of over 90,000 people.  In 1994 Vince McMahon decided it was no longer worth having him around.  Believe me he sold MUCH more merchandise than Derek Jeter will EVER hope to sell in his life.  Of course there were legal issues at the time but those of you who know and are familiar with the wrestling world realize that personal problems with people are always overlooked if there's money to be made.  Vince felt that he needed to move ahead without Hogan and while Hogan put him in a position to be a billionaire (or very close to it) and is the greatest and most recognized pro wrestler of all time Vince realized it was time to move on and push newer younger stars.  Times were changing and Hogan was not able to perform at the level the younger guys were performing at.  Jeter is NOT that important.  The Yankees will fill seats and get their YES network ratings.  Personally, as a Jays fan, I hope they dump money into him.  GO AHEAD.  About a year in they will realize it is money down the toilet.

Since: Jun 25, 2009
Posted on: November 29, 2010 12:04 pm

Yankees increase offer to Jeter

he's a big star and he wants to paid better than friggin aj burnett is at the same age. also the yankees throw money around all the time why be cheap with jeter out of everyone. 4 years 80 million.
I think you're gonna be right Yankees_jesse.  The Yankees started at 3 years and 45 and Jeter was at 6 years and 150 million.

Four years and 80 million is a perfect compromise in my opinion.  The yankees keep him for marketing/financial purposes as well as keeping the fans happy.  Jeter makes a fortune.

Win win for everybody.  And yes, to those that say his skills have diminished some I can't argue with that.  But there aren't many shortstops better then Jeter that are available, if any.   So you take what you can get. 

Since: Jun 25, 2009
Posted on: November 29, 2010 11:59 am

Yankees increase offer to Jeter

What if he starts to suck?

Jeter may have become very well-known over time (and let's be honest, who wouldn't be well-known after having played in NYC for ~15 years), and while he was good, his name meant money for himself and for the organization. 

But if he starts to suck, people won't buy Yankee gear because of him....they'll just know his name and wax nostalgic.  And his name don't make much money....or mean much to the that point.

I obviously can only give my opinion to your question and can't be 100 percent sure but here's what I think.  It won't matter if he sucks, he'll still remain profitable because although most of us on these boards are REAL fans, millions of people aren't.  What i'm saying is millions of people world wide follow a team because of their favourite player.  It's stupid I know, but the example I gave responding to somebody else is perfect in answering your question.  Tiger Woods.  Ratings drop significantly if he doesn't play. When he came back with crazy accusations and bad publicity the ratings shot up.  Some people only watch golf if he's in the tournament.  And even though Tiger has sucked for the last year, they kept watching.  Nike pays him over 100 million dollars every 5 years. Why not pay somebody else less than half that? I mean, others have done better lately right? Problem is people actually buy expensive product that's not even as good as the lower end product sometimes because Tiger said so.

What I'm saying is although they aren't real fans in my opinion, these bandwagon Jeter/Tiger/Kobe lovers make up a nice percentage of fans overall.  Sad... but i think true.

The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or