Ken Rosenthal of FOXSports.com reports Jeter and agent Casey Close are meeting with the Yankees in Tampa.
Rosenthal said he doesn't know which Yankees official are at the meeting, but guesses that it would include owner Hal Steinbrenner and general manager Brian Cashman.
While nobody has expected Jeter to sign anywhere but New York, the negotiations have been public and nasty, with Cashman suggesting Jeter test the open market if he's not happy with the team's three-year, $45 million contract.
Jeter and Close are apparently looking for a four- or five-year contract worth $23 or $24 million per season.
Jeter finished his 10-year, $189 million contract that paid him $22.6 million last season, and word is he doesn't want to take a paycut, despite having perhaps the worst season of his career. He hit .270/.340/.370 with 10 home runs and 67 RBIs. The 10 home runs tied the fewest of his career, while his batting average, on-base percentage and slugging percentage were all the lowest full-season marks of his career.
UPDATE: Sports Illustrated 's Jon Heyman reports (via Twitter ) that one source indicates the Yankees may bump their offer up to $51 million, while another source tells him "nothing imminent."
-- C. Trent RosecransFor more baseball news, rumors and analysis, follow @cbssportsmlb on Twitter or subscribe to the RSS feed.