The Yankees are about to offer Derek Jeter a three-year deal worth $45MM, according to Jon Heyman of SI.com (on Twitter). Joel Sherman of the New York Post reported yesterday that the Yankees would likely make such an offer to their captain.
Wallace Matthews of ESPNNewYork reported earlier in the week that Jeter wants at least a four-year deal and would prefer a five or six-year contract. He also reported that the Yankees would be happy to agree to a three-year $63MM deal. Some have suggested that the Yankees could play hardball with Jeter if he doesn't like their offer and tell him to test the open market and see if he does better.