Blog Entry

Report: Jeter deal 'imminent'

Posted on: December 3, 2010 11:32 pm
Edited on: December 4, 2010 10:50 am
Derek Jeter
A week ago, it looked like it could be splitsville for Derek Jeter and the Yankees, but now it appears they're going to stay together.

After a day of apparently fast-moving negotiations, the New York Daily News reported Friday night that an agreement on a new contract for the Yankees' captain could be mere hours away, signed Saturday or even late Friday. And it looks like the terms are going to end up closer to what the Yankees wanted than what Jeter was after.

A source familiar with the talks tells the Daily News talks are centering around a three-year deal with a possible incentive-based option for a fourth, at a value of about $19 million a year. That lets Jeter save face by not taking a pay cut (his just-expired 10-year deal averaged $18.9 million), but is nowhere near his initial position that was reported to be as high as six years at $150 million. The Yankees are believed to have started at three years and less than $45 million.

On pure baseball merits, $19 million is considerably more, probably twice as much, as anyone not named Derek Jeter would command on the open market. But this deal would recognize Jeter's off-field value, which was important to he and agent Casey Close, while remaining manageable for the Yankees and potentially expiring before Jeter turns 40.

So basically, it's the kind of compromise everyone figured would be the end result of all the posturing.

UPDATE: On Twitter , New York Times reporter Michael S. Schmidt says Jeter's deal with be three years at $15 million to $17 million per season, with a "creative hybrid type option" for a fourth year and notes the option is "not vesting and is highly unusual."

-- David Andriesen

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Since: Jan 22, 2007
Posted on: December 4, 2010 10:12 am

Report: Jeter deal 'imminent'

Yeah, like no foolin'. The New York sports writers sure have been wasting precious space over this matter. If Scott Boras was his agent, I wonder if he would have come up with his bogus "mystery team."

Since: Dec 30, 2006
Posted on: December 4, 2010 10:00 am

Report: Jeter deal 'imminent'

I love it when the Yankees overspend.  This contract is about 10 million more per year than he deserves.  Even a team like the Yankees takes a hit when they give a bad contract.  Jeter is like Favre too where you can't bench him so he is the SS in NY for the next 3 years.  You can't have a great lineup 1-9 if you have a below average bat like this one in it and near the top of the lineup too.  I think this is great for baseball.  Whoever said jeter is overrated is a complete moron.  Take away the big bats in the middle of the lineup and Jeter sees less fastballs, gets many less hits and scores many less runs.  Jeter is not and has never been a big threat so he has always been pitched to.  All of you who do not see that have your Yankee blinders on and need to get a reality check.  Never has an opposing player come in to Yankee stadium and said we have to stop Jeter...  He is a singles hitter who lives because of the bats behind him.  

Since: Mar 19, 2008
Posted on: December 4, 2010 9:22 am

Report: Jeter deal 'imminent'

Say go DJ, cuz that's my DJ

Since: Sep 24, 2008
Posted on: December 4, 2010 9:19 am

Report: Jeter deal 'imminent'

Good to see the expected compromise is happening. People that don't understand the value of Derek Jeter don't understand baseball. First of all, statwise - Jeter will go down as the 3rd best SS All Time behind Honus Wagner and Ernie Banks. He'll probably finish 3rd in hits all time and challenge the all times runs record. So after all these years of consistency he FINALLY has a bad year or average year and all the Yankee haters are ready to jump on him. He's only missed the playoffs once in his career. But to understand Jeter's value, you have to see the way he plays the game. Just look at the fundamentals everyone takes for granted. Jeter can bunt when he needs to, know when to take the extra base, know when to steal, know when to cut off the ball, know where to throw the ball on a cutoff sometimes without anyone's direction, know when to go to right to move the runner over and all the little things that go into saving runs and winning games. These things don't show up in box score, but the last championship against the Phillies showed the Yankees just played the game smarter than the Phillies and Jeter's been playing this way his entire career. He truly is a field captain and knows how to direct the defense. So Jeter will possibly score the most runs of all time and save the most runs for a SS on defense but anyone who just looks at stats can't see all that. Finally, Jeter unlike so many athletes approaches the game the right way. It's about the team first. If they lose, he'll forget about it and think about the next game. If they win, he'll forget about that and think about the next game. There's no time for celebration or dwelling on a loss because the only goal is not winning a particular game but winning a championship. Give me 9 guys like Jeter and they'll be impossible to beat.

Since: Jul 24, 2009
Posted on: December 4, 2010 9:17 am

Report: Jeter deal 'imminent'

Can some of you salary cap whiners please explain when and how exactly is baseball going to adopt and implement a salary cap??  Since the players association and most of the owners don't support one, how is baseball going to convince them otherwise???? 

Since: Sep 5, 2008
Posted on: December 4, 2010 8:59 am

Report: Jeter deal 'imminent'

Anyone who thinks Jeter is worth this contract "JUST DOESN"T GET IT"

Since: Sep 4, 2006
Posted on: December 4, 2010 8:57 am

Report: Jeter deal 'imminent'

Top 3 yankees of all time? Did you forget about The Babe, Gehrig, Dimagggio and Mantle?  Jeter is anything but underrated.

Since: Apr 13, 2007
Posted on: December 4, 2010 8:29 am

Report: Jeter deal 'imminent'


Since: Mar 30, 2009
Posted on: December 4, 2010 7:55 am

Report: Jeter deal 'imminent'

As a Yankee and a baseball fan, this is great news. Derek Jeter is one of the most underrated players of his time.

Jeter is not only a gentlemen, but an hororable person who ranks among the best people in his industry character wise and when he hangs them up, will go down in history as one of the top 3 Yankees of all time. Yes TOP 3 Yankees!!!

As the great sportswriter Jimmy Cannon once said and a statement which clearly applies to Mr Jeter,

"...Baseball isnt statistics, baseball is Joe DiMaggio rounding 2nd base..." 

The same can be said for Derek Jeter.   A gentlemen who played the game with integrity and pride in his performance every day wearing the pinstripes.

Since: Mar 30, 2009
Posted on: December 4, 2010 7:49 am

Report: Jeter deal 'imminent'

You're an idiot. Go back to your Moma's basement and turn your Wii game back on because clearly you know zip about baseball.

Jeter is not only a gentlemen, but an hororable person who ranks among the best people in his industry character wise and when he hangs them up, will go down in history as one of the top 3 Yankees of all time.

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