Discussion: Derek Jeter

In 2008, Derek Jeter posted the lowest full-season OPS (.771) of his career.  That's not a bad number for a 34-year-old shortstop, but it was enough to make some Yankee fans wonder if their captain was on the decline and what might happen when Jeter's contract expired after the 2010 season.  Would Jeter insist on remaining at shortstop?  Would he want a salary close to the $21MM he's set to make in 2010?  And, if Jeter continued to struggle and the Yankees balked at committing so much money to their star, would New York fans have to cope with seeing their beloved Jeter in another team's uniform in 2011?

These questions still remain to some extent a year later, but in the wake of Jeter's excellent .334/.406/.465 performance in 2009 and the Yankees' 27th World Series title, there is a lot less fear in New York that a Jeter extension will turn into an albatross on the club's payroll. 

As per team policy, contract negotiations with Jeter won't begin until after the season, but it's safe to assume that this delay won't be a distraction for either Jeter or the team.  Tyler Kepner of the New York Times predicts "a quick resolution and a new contract that greatly enriches Jeter while preserving his spotless reputation."  There won't be much, if any, drama in the negotiations since Kepner notes that Jeter recognizes the value of his clean image as a franchise hero, and the Yankees similarly want to keep their "dependable, well-spoken, maintenance-free front man."

Kepner thinks the 10-year, $275MM contract that Alex Rodriguez signed with New York after the 2007 season may serve as a benchmark for Jeter's next deal.  Given how much the economics of both baseball and the world have changed just in two years' time, it would be surprising to see even the Yankees commit that much cash to a player who will be 36 in June, no matter how big of a franchise icon he may be.  Also, as Kepner notes, Jeter has managed to avoid the scrutiny that comes with big-money contract negotiations ever since signing his current deal back in 2001.  It's unlikely that Jeter would want to change that as he enters the twilight years of his career and the chances increase that he'll have more seasons like his 2008 campaign. 

Something in the neighborhood of a six-year contract that pays Jeter around $22MM per year (a nod to his uniform number) might be a total more to the liking of both parties.  Jeter gets a slight raise from his previous contract, is locked up until he's 42 years old, and is amply rewarded for his contributions to the team while still leaving the Yankees with a bit of flexibility to sign other players (like, for example, fellow Yankee legend Mariano Rivera, whose deal is also up after 2010).

There could also be a mutual option year or two tacked onto the end of the deal in case the 42-year-old Jeter still wants to play and/or he has a chance of breaking Pete Rose's hit record.  Kepner raised the possibility that Jeter may ask for incentive clauses for passing various hit plateaus, similar to how A-Rod's contract provides him with a $6MM bonus whenever (or if-ever) he passes the career home run totals of Willie Mays, Babe Ruth, Hank Aaron and then tying and breaking Barry Bonds' all-time record.  Jeter is just 253 hits away from 3,000, but, as Rose himself said to Sports Illustrated's Joe Posnanski, “You tell Derek that the first 3,000 are easy.”

Since we can assume that 99 percent of Yankee fans want to see Jeter retire in the Bronx, what do you think would be an ideal contract to keep the captain in the fold until the end of his career?

 


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152 Comments on "Discussion: Derek Jeter"


Guest
5 years 6 months ago

If Derek Jeter changes teams in 2011, than Omar Minaya had the best 2009/10 off-season ever.

There is a 100% chance he will remain on the Yankees for the rest of his career.

Utley4God
5 years 6 months ago

4yrs 100 mm…

Guest
5 years 6 months ago

I’d say 3/70MM

Encarnacion's Parrot
5 years 6 months ago

Something in the neighborhood of a six-year contract that pays Jeter around $22MM per year (a nod to his uniform number) might be a total more to the liking of both parties.

Given how much the economics of both baseball and the world have changed just in two years’ time, it would be surprising to see even the Yankees commit that much cash to a player who will be 36 in June, no matter how big of a franchise icon he may be.

Put those 2 together and perhaps the column makes more sense. $22-milion a season for an aging SS would be a steal for Jeter. God love the man as he’s one of the more prolific players to grace the game [out of many], but a 36-year old player doesn’t make that kind of cash, especially after you mention how the baseball economy has changed.

I still think a 3-year $40-45-million contract is what he’s worth making nowadays, but his 2010 season will dictate that.

Guest
5 years 6 months ago

maybe you shouldn’t write exagerated obnoxious comments that make no sense.

BrianMancash
5 years 6 months ago

Dear Mr. Cashman,

Give Jeter whatever he wants. The amount of money the Yankees make off of Jeter every year is probably a lot more than any contract you offer him. He’s the poster boy of the Yankees and some would argue of the MLB too. Be it right or wrong, I would simply hand Jeter a blank contract and have him fill in the amount and years. I trust that he knows his worth and what he should be getting paid. Bottom line: Derek Jeter in a uniform other than Yankee pinstripes just doesnt work. Re-sign him whatever the cost.

Guest
5 years 6 months ago

Mason94, Agreed.

5 years 6 months ago

As a Red Sox fan, I agree. Please lock him up for a long time, for some ridiculous amounts of money. When his 2010-2014 look worse than his 2008, the rest of baseball will have no sympathies for you and your bloated payroll.

jeffreyisretarded
5 years 6 months ago

Says a fan of a team who raised their payroll by around 30 million in a rebuilding period.

Tom_Zig
5 years 6 months ago

At least the Yankees only employ one third baseman and aren’t still currently paying probably 4 other players to play for other teams.

You can pretend to be a small market team all you want, but the fact is your team out spent the Yankees this offseason. In fact the Yankees signed only 1 free agent this past offseason.

5 years 6 months ago

“You can pretend to be a small market team all you want, but the fact is your team out spent the Yankees this offseason. In fact the Yankees signed only 1 free agent this past offseason.”

I’m not pretending the Red Sox are small market team, just pointing out that bad decisions like signing Jeter until he’s 42 are what gave the Yankees trouble from 2005-2008. Saddling your payroll with enormous contracts for underperforming players is a recipe for disaster.

Also, of course the Red Sox outspent the Yankees this offseason (so did many other clubs) but that’s like buying a Ferrari on Tuesday and pointing out that your friend who bought a Toyata on Wednesday outspent you on Wednesday: it’s completely nonsensical. Measure 2010 payroll vs. 2010 payroll, not new money spent in 2009-2010 offseason.

Guest
5 years 6 months ago

Hey Bonehead, you do realize that your team has an expected payroll north of $170mm going into this season and you do not have more than 1 all star and not a single HOF’r.

Get your facts straight. You think Boston fans were being scrutinzed this season for their lack of production? Just wait until the end of June when you are 10 games out. You can bank on that. $170mm plus for a bunch of over 30 yo (most are 35 +) band aids.

You do also realize that Boston is #1 in the league with the highest average age of players at approx 33.5, 34.

theroadto28
5 years 6 months ago

2010 payrolls are Yankees at 185, Redsox at 170
2009 revenue are Yankees at 253, Redsox at 201
The Yankees are just a better team because they put the money back into the team and dont hate on us the fans when we just have the best owner in baseball.

boy9988
5 years 6 months ago

And cause NY is the largest market on the continent and is more than capable of supporting 4 teams? Duh! Of course NY can put all that money back into the team. The rest of baseball doesn’t get that kind of revenue and owners would have to pour their own money, that they couldn’t recoup, into the team to get to that kind of payroll. Yay! They Yankees are better cause they play in a city with 10M people! Don’t kid your self, they Yankees have an extreme unfair advantage in almost every respect. It would be really nice once in a while if the Yankee fans could just recognize this. It would make the rest of us feel better and not cast the stereotype stigma that New Yorkers have of being pompous jerks.

theroadto28
5 years 6 months ago

As you can go and look up teams like the Marlins who have a ridiculously low payroll made revenue of over a hundred million last year and still keep their payroll low as this shows they actually can put the money back in their team.
And the redsox revenue was well over two hundred million but they still kept their payroll at around 135 million last year, your owners could of easily gotten texiera or sabathia and stolen them or one of them from the Yanks but they chose to not put that revenue towards payroll

boy9988
5 years 6 months ago

From Cots

2010 Payroll obligations as of 2/14/10

NYY – $210.99M
BOS – $165.82M
PHI – $138.05M
CHC – $135.30M
NYM – $122.16M
DET – $121.70M

Still absurd. Just in case anyone was wondering.

yanksrdashit
5 years 6 months ago

Give the guy whatever he wants as long as its under 23 per year, frontloaded, and between 4 to 7 years. I don’t want to sound corny, and obviously i’m biased, but i think it’s true. This guy has been the face of the most successful franchise in all of sports since the mid 90s. If cashman by some apocalypse doesn’t get this done, he should be fired on the spot. I will start riots outside of yankee stadium, and the babe will roll over in his grave.

Guest
5 years 6 months ago

I actually don’t think that your thought is crazy. Maybe 4-6 instead of 4-7 though.

5 years 6 months ago

That just reminds me of the fact that I love that so many of their contracts are frontloaded or at least even over the duration of the contract.

nflisbetter
5 years 6 months ago

Sorry dude, Yankees aren’t the most successful franchise in American sports. Try the New England Patriots or the Los Angeles Lakers. Not get off your knees in front of Jeter.

icedrake523
5 years 6 months ago

This is easily the biggest overblown, non-story in sports. The Yankees don’t give out extensions this early and it’s not as if Jeter is pissed and outspoken about it. He’s not signing with any other team. Anyone who thinks he will is high.

Tom_Zig
5 years 6 months ago

This comment is the diamond in the rough.

pt_nj
5 years 6 months ago

6 yrsx27.5M – He should not make less than A-Fraud.

R_y_a_n
5 years 6 months ago

Why not?

mistermonkey
5 years 6 months ago

Stupid that they’ve locked up ARod for the rest of his career but not Jeter, who puts way more butts in the seats at Yankee Stadium. Imagine if Jeter decides to leave after 2010 for one reason or another. “Now playing SS for the New York Yankees: Orlando Cabrera!” just doesn’t have the same ring to it.

Dexter_Morgan
5 years 6 months ago

I love Jeter but the Yankees should pay him market value. And to me, that’s $13-15 million per year.

Guest
5 years 6 months ago

I bet he’d take it but it’s still a buisness.

Encarnacion's Parrot
5 years 6 months ago

Jeter would accept $800k if it meant staying as a Yankee. This is why I’m certain Dexter is correct. For what Jeter brings, no matter how great he is/was, he’s not worth $20+million a year anymore.

Only in Yankeeland would they overpay a player, even if he is one of the best the franchise has ever produced.

pt_nj
5 years 6 months ago

I think you’re underestimating Jeter’s pride. The guy was part of 5 championships with the Yankees. He’s not going to take a pay cut. The Yankees just spent 500M for 33 players last year on top of the 300M they just handed A-Rod. They better get ready to open up their wallets. The only way this gets ugly is it Jeter fees disrespected.

kigs
5 years 6 months ago

how is 13-15 “market value”? and by the way…you dont determine “market value”. Jeter is the best SS in baseball. period.

R_y_a_n
5 years 6 months ago

Hanley Ramirez is slightly offended. He’s still great but Hanley is absurd.

5 years 6 months ago

What? How on Earth is Jeter the best SS in baseball? A good contact hitter with average power and poor defense does not equal the best. Hanley with the Marlins is way better than Jeter is.

Tom_Zig
5 years 6 months ago

Actually Jeter has improved his defense. He was above average last year.

5 years 6 months ago

3 years of UZR data equals about 1 season of offensive to find an appropriate sample size. Did his defense improve? Most definitely but he was becoming an extreme liability at SS. His defense is bound to regress, although I won’t say the same about his slash line. I still see an OPS right around 800 in ’10.

5 years 6 months ago

Reply Fail

theroadto28
5 years 6 months ago

Did Jeter not win the gold glove last year?

alphabet_soup5
5 years 6 months ago

His defense improved, but those awards along with the silver slugger are generally a joke and popularity contest.

vtadave
5 years 6 months ago

We disagree.

Sincerely,

Hanley Ramirez and Troy Tulowitzki

Encarnacion's Parrot
5 years 6 months ago

how is 13-15 “market value”? and by the way…you dont determine “market value”. Jeter is the best SS in baseball. period.

If there was a dislike button, I would have pushed it.

bjsguess
5 years 6 months ago

“Jeter is the best SS in baseball. period.”

And Yankee fans wonder why they are hated …

R_y_a_n
5 years 6 months ago

So we’re going to base all of Yankee fan’s opinions off this one lunatic?

5 years 6 months ago

Best SS? No. Amazing Iconand absolute asset to any Organization? Yes.

In all reality, how do you put a price tag on Icon Status? I am sure merchandise sales play into that equation, but how do you truly defend against “Icon”, “The Captain”, “King of New York”, etc? (at least from a Yankees standpoint).

I would love to see Jeter backload a ridiculous portion of the next contract and sign for below market to show that he is putting the club first. That is a perfect case scenario of course.

I’m not a Yankees fan but would love to see something like this occur as an example of true leadership that “The Captain” could make a point to show the rest of the league.

5/75?

kigs
5 years 6 months ago

Name 2 shortstops better than Jeter…I give you Hanley but thats about it

5 years 6 months ago

1. Hanley
2. Tulo
3. Rollins
4. Jeter

kigs
5 years 6 months ago

Right the same Tulo who hit .263 8-46 2 years ago. The same guy who plays in Coors field. Pass. He is not better than Jeter. Jeter is a better player than him now

Rollins?? Have you seen that clown play? he will go through streaks where he cant get a hit. He was awful in the playoffs…automatic out. Pass

Jeter is remarkable consistent. Besides Hanley, Jeter is #2

kigs
5 years 6 months ago

Right the same Tulo who hit .263 8-46 2 years ago. The same guy who plays in Coors field. Pass. He is not better than Jeter. Jeter is a better player than him now

Rollins?? Have you seen that clown play? he will go through streaks where he cant get a hit. He was awful in the playoffs…automatic out. Pass

Jeter is remarkable consistent. Besides Hanley, Jeter is #2

5 years 6 months ago

Jeter is a Yankee for life. If he goes somewhere else it could possibly doom baseball, because it would pretty much say that baseball is only about money to the general public.

I see Jeter taking a 4 YR/96 M deal or something like that with option years keeping him around until he wants to retire.

nepp
5 years 6 months ago

Giving a 37 year old SS $20+ million would be one of the dumber things they could do. He’s not worth half of that if his name isn’t Derek Jeter. Also, no other team would give him half of that in this economic climate.

vtadave
5 years 6 months ago

Guessing the Red Sox would give Jeter more than $10 million a year. Same with the Mets and even the Dodgers given Furcal’s expiring contract.

R_y_a_n
5 years 6 months ago

Plenty of teams would give Jeter $10 mil.

BentoBox
5 years 6 months ago

Well, he IS Derek Jeter. The Yankees aren`t just paying him for his skills, he attracts a lot of fans too.

levendis
5 years 6 months ago

I hope he has an off year nest year so the Yankees wont have to pay so much. Extending him doesnt make sense now since he just came off a career year, and would cost them alot of $. I would give him 3/45 (i live him but hes gonna be 37 lets be real) but I guess 3/60 is reasonable.

dancinbubs
5 years 6 months ago

how about something creative. Yankees give Derek a 3 year/ 54 mil deal, 20, 18, 16 mil per season. They then leave a perpetual option on the contract depreciating 2 mil per season. That way, when he’s ready to retire at age 45, they’ll only have been paying him 4 mil.

5 years 6 months ago

What if he wants to retire at 47? Does he have to play for free?

dancinbubs
5 years 6 months ago

yes.

R_y_a_n
5 years 6 months ago

Thanks for completely screwing up the comment section with that post.

BravesRed
5 years 6 months ago

Let’s go along the lines of 3-4/$52.5-$70 million. Averages about $17.5 million per year. That would put him around $250 million over his whole career.

BentoBox
5 years 6 months ago

The idea of Jeter wearing a uniform other than Yankees` is just weird. Yankees should and will pay him;though 25 per year seems a bit too much.
(Although, Jeter in a Red Sox uniform would be really amusing)

CrustyJuggler
5 years 6 months ago

I sure hope the Yankees commit a ton of money to a 36 year old SS! Sign him up, Cashman! 6… no.. 8 years!!

Better for the rest of baseball if the Yankees pay through the nose for players that aren’t worth it.

Tom_Zig
5 years 6 months ago

Oh I’m sorry that your favorite team’s shortstop isn’t a guaranteed hall of famer. Look we all know the Yankees will be paying more than what Jeter is actually worth. But you know what? That’s fine.

Does your team’s shortstop have 5 rings? No, well that’s too bad

Is your team’s shortstop the face of the franchise? No again.

Is your team the most accomplished team in all of American sports? Nope.

I’m willing to accept the fact that Jeter’s prime years are behind him. The Yankees will take care of their own.

5 years 6 months ago

I’d prefer my team focus on winning new rings rather than worrying about players that were around for their last 5.

The truth is, he’s only worth what numbers he’s going to produce over the next X years. That’ll probably be somewhere in the $7-12M range. Plus he’s worth a bit more due to his marketability and franchise factor which gets people to come to the ballpark. Anyone who is estimating this to be more significant than his on field production has not been paying attention to the economics of winning and losing. I would recommend “the Baseball Economics” or http://www.sabernomics.com/ to those people.

CrustyJuggler
5 years 6 months ago

Do you get butt-hurt easily? Seems so.

Dial it back a notch there, Captain Juvenile. This isn’t a “My dad can beat up your dad” discussion. All I’m saying is I think its potentially hilarious if the Yankees even consider paying Jeter $20+ million per over the long term going forward. 36 year old SS’s are like 36 year old catchers..

They age like milk.

Tom_Zig
5 years 6 months ago

I was responding to your snarky comment. I’m sorry that you carry such allusions that Jeter should be offered market-rate for a 36 year old short stop. The Yankees aren’t paying for future performance with Jeter, they are paying for his past accomplishments. That being said, 20 million a year for 4 years is a good deal. If the Yankees were doing this for every single player, then I’d have a problem. But they are not. Laugh all you want, it’s the cost of doing business.

Tom_Zig
5 years 6 months ago

illusions* not allusions

5 years 6 months ago

Why should he be paid for past accomplishments? He got paid those years too. It’s this kind of thinking that Front Offices should avoid like the plague.

Tom_Zig
5 years 6 months ago

Way to not read. I said it isn’t a smart business decision. BUT since it is Derek Jeter, the Yankees need to make an exception. Jeter will not accept a deal at market rate.

5 years 6 months ago

“most accomplished team in all of American sports…” Give me a break. What is the point of comparing teams across sports? It’s no wonder so many people hate yankee fans. Here is the most accomplished team:
http://deadspin.com/232114/most-dominant-sports-team-of-all-time-think-shuttlecock

Anyway, I say Jeter without the name is worth 13-15 per over two years. I don’t have a clue as to what he’ll really get, but going over three years for a 37 year old seems pretty ridiculous to me.

jhd5787
5 years 6 months ago

Any time you can sign a 36 year old SS to a long term deal worth more than 20 mil/per you gotta do it.

kwhitey
5 years 6 months ago

4 years 100 million. Nice simple round numbers

Dexter_Morgan
5 years 6 months ago

4 years/100million.. that would be the dumbest contract ever. jeter should not make more than he made during his prime years. jeters days of making 20 million a year are over.

R_y_a_n
5 years 6 months ago

Carlos Silva, Barry Zito, Vernon Wells, Alfonso Soriano, Darren Driefort, Jason Schmidt and many others disagree with you.

Tom_Zig
5 years 6 months ago

Bingo!

Tom_Zig
5 years 6 months ago

You’re missing the point, Dexter. The Yankees will not be paying for what Jeter will accomplish, the Yankees will be paying for what Jeter has accomplished. Yes this is a poor business strategy if implemented across the board. However, Jeter is an exception, a first ballot hall of famer in his twilight years on the cusp of some major accomplishments.

jhd5787
5 years 6 months ago

You keep saying that they are paying for his past accomplishments. A few comments back someone bad a great point….”he got paid for those years too.”

Dexter_Morgan
5 years 6 months ago

Derek Jeter will be turning 37 years old the year he signs his new contract. He is not getting $20 million per year for more than 4 years. I would give him 3 years/$45 million

Tom_Zig
5 years 6 months ago

If his name were not Derek Jeter and he didn’t play for the Yankees, you would be correct.