Yankees Likely To Offer Jeter $45-60MM

The Yankees are likely to offer Derek Jeter a three-year deal worth $45-60MM, according to Wallace Matthews of ESPNNewYork.com. One of Matthews’ sources, someone intimately familiar with knowledge of the team’s negotiations with agent Casey Close, says the Yankees are prepared to “overpay” the shortstop.

No team other than the Yankees has shown interest in Jeter, according to Matthews’ sources. That's not a surprise, considering that Jeter seems likely to re-sign in New York. Ken Rosenthal of FOX Sports wrote Friday that "Jeter is still Jeter, the Yankees are still the Yankees and no other team will be a factor" [in the negotiations]. ESPN.com’s Buster Olney reported that the Yankees are willing to pay Jeter more than any other team would, even though they aren’t going to invest recklessly in their captain.

MLBTR's Tim Dierkes predicted a four-year $65MM deal between Jeter and the Yankees.

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