Yankees To Start Contract Talks With Jeter

The Yankees will start contract talks with Derek Jeter within a day or two, according to Jon Heyman of SI.com (on Twitter). The shortstop will sign a lucrative deal, but as ESPN.com's Buster Olney points out, we should not assume that the Yankees "feel obligated to pay Jeter the way that they paid [Alex]  Rodriguez; rather, they are intent on not repeating the mistake of investing huge dollars in an aging player."

That doesn't mean Jeter is going anywhere, however. The Yankees want to keep him around and are willing to pay him more than any other team. Ken Rosenthal of FOX Sports points out that "Jeter is still Jeter, the Yankees are still the Yankees and no other team will be a factor."

The negotiations could get messy, but Joel Sherman of the New York Post has a suggestion. He says the Yankees should lock Jeter up to a three-year $45MM deal plus a 25-year $75MM contract for Jeter to work in the Yankee organization once his playing days end.

95 Responses to Yankees To Start Contract Talks With Jeter Leave a Reply

  1. AmericanMovieFan 5 years ago

    If they’d do a service contract like that- which everybody seems to agree is the way to go- they might as well sign Jeter for pennies on the dollar now with pretty much all the money deferred to when his days in pinstripes as a player are over. Make that 3/$37.5MM and a $100MM 25-year service contract and I think it makes sense.

  2. AllYourBaseAreBelongToUs 5 years ago


    He needs to settle down with Minka at some point..

  3. bonestock94 5 years ago

    Money isn’t a big deal to the Yankees, just don’t give him too many years. Don’t make it like the end of Ripken’s career.

    • woadude 5 years ago

      are you talking about billy ripken? because Cal went out on his own terms and never hindered his team

      • bonestock94 5 years ago

        He was pretty bad in some of those final years, especially the last one. He had an amazing career and is obviously a god to Orioles fans, no disrespect intended.

        link to fangraphs.com

      • The_Silver_Stacker 5 years ago

        Ripken was shot at the end of his career

  4. YanksFanSince78 5 years ago

    I had mentioned the same things a day ago. A short term 3 or 4 year deal around $15-$18 mil and then some sort of lifetime services contract even though it wasn’t for the 25 year length.

    • johnsilver 5 years ago

      I really have to see this to believe it. Even 3/45m is a reach, much less 18m per season.

      Giving ARod that 10 year contract has started something that is going to be awfully hard to stop now that they have to deal with Rivera, Jeter and Posada still active. After they retire can understand, but keeping those 3 happy may take some doing and imagine both Posada and Rivera are looking at Jeter to see how Cashman treats him initially.

      I would really hate to see another Mattingly like thing occur where a NYY great left the organization over something like this after their career, though understand that it was not money with Mattingly and he was rewarded by Steinbrenner very well.

      • YanksFanSince78 5 years ago

        I think jeter is the only one to worry about. Rivera is already 41 and has already had thoughts of retiring soon. I’m sure he can be had for a 2 yr deal and as long as he keeps performing how he has then he’s worth it. He still throws around 91-93 and still has his cutter. I think Posada sees the writing on the wall and knows that barring some incredible fail from Montero or Romine and some miraculous 2007 rebirth then 2011 is his last year. If something crazy happens and they decide to bring him back it will be on a year to year basis.

    • theyankeefanatic 5 years ago

      why does evryone want Jeters player contract to be so long…whatever they want to give him for work off the field…if it makes sense business wise is fine…but why even sign him for 3 years…at this point the Yankees should trade for a ss and superutility/DH Jeter…the only thing he has going for him now is he is a sure handed defender and he is durable…that comes in handy when so many of the rest of the Yankee starters seem prone to some kind of time out because of injury.They seem to have enough pieces to get Stephen Drew but i guess they want to risk Jeter at ss for at least one more year…i hope they don’t pay him more than 12 million a year and i would respect them more if they stood firm at 10 million.

      • Hermie13 5 years ago

        wow….since when has Jeter been a surehanded defender?!? That’s the main thing he has going AGAINST him. He’s a below average defensive SS and has been for 5+ years.

        The thing he has going for him is he’s a vastly above average hitting SS.

        • The_Silver_Stacker 5 years ago

          no hes been one of the best ss in all of baseball, watch yankee games and you would know that

          • This is my favorite reply on message boards. No no ignore the stats just watch the games!!!!

          • I agree that Jeter has no range pretty much, and his accuracy is way off, but he has a decent arm and he rarely boots the ball.

          • johnsilver 5 years ago

            Not trying to start anything against any NYY great here and I recognize a sure HOF in Jeter also, but what you just described there in Jeter (decent arm, rarely boots the ball and fair range) is exactly what makes most describe a middle infielder as overall average to poor, like a Danny Uggla who has some of the smoothest hands in the biz at 2nd base and a cannon for an arm, yet fair range.

            This is another thing that is going to make the upcoming contract extension with Jeter one of the more interesting topics here I believe this off season until it is settled have a feeling and HOPE that fans on both sides will keep a lid on the emotions.

          • Hoon 5 years ago

            wait wait are you talking about the same dan uggla who committed 3 errors in one all-star game and consistently makes poor plays? No no no, Brandon P and Utley have some of the smoothest hands at that position, which hurts to admit since I’m a diehard Mets fan. Saying Uggla has some of the smoothest hands for a 2b-man is like saying Francisco Rodriguez never makes you sit on the edge of your seat during the 9th inning.

          • johnsilver 5 years ago

            Ah yes.. A person who watched the AS game with Danny Uggla and never another game with him.. I like chatting with these types.

            Why don’t you just take a gander at Danny’s error total the last 3 seasons if you think his hands are so bad, rather than run off here about 1 AS game when he had his jitter’s about being from out of in front of 50K people instead of the normal 5k that usually attend Land Shark stadium huh? In the last *5* seasons as a FT 2B in 150+ games each season (144 2008) his E totals have been: 15,11,13,16 and 18.

            Now that does not tell you squat about any part of his defensive game in his case OTHER than his hands, cause his range is poor by just about any one’s standards, but for anyone to say his hands are poor, either is judging him from 1 AS game appearance, or has -0- clue.

          • ellisburks 5 years ago

            I am a Red Sox fan admittedly but I have posted many times about Jeter’s horrible play at SS. He is not a good SS. Isn’t one now, may not have ever been anything other than average as a SS. If you look at his UZR you see he has only had 3 positive ones in his career. He had made his reputation on a couple of outstanding plays that is it. You can’t just look at UZR but even when there were the Big Three at SS (A-Rod, Nomar and Jeter) Jeter was always considered the worst fielder of the three.

            And let me say that I think Jeter is a Hall Of Famer. Possibly one of the greatest hitting SS ever in the history of baseball. And he deserves major props for dating Jessica Alba. But he is not and probably never was a good fielding SS.

        • Yeah he is surehanded though. He just has no range left so his overall defense is down. He rarely boots a ball or throws it away.

          I think Jeter will have a much better ending of his career if he eventually changes positions. I have always felt like he could be a pretty good corner outfielder for a few more years. He is still athletic with decent speed and his arm is solid. And unlike ARod, Jeter has never had a problem chasing down pop-ups.

          It really depends on his bat. His last two years were both flukish in my opinion. His current true ability with the bat is somewhere between those 2 seasons most likely.

          • theyankeefanatic 5 years ago

            People want Jeter to last forever…While it is true Jeter can catch a popup and that might translate into being able to run down fly balls…why would Yankee fans want a 37 year old declining in speed and power in a corner outfield spot…that would mean the Yankees would have to get alot more power from centerfield or short…Jeter’s decline in 2010 was not a fluke of a 27yr old it was an indicator of things to come…all those stating differently are in a state of denial…his decline if long term and under big contract will be very agonizing to see…and i bet all these Jeter lovers will turn on the once very great Jeter during his fade…also the competion in the AL East is elevating…if the Yanks stick to declining players they risk losing their hold on the AL East…

        • theyankeefanatic 5 years ago

          Jeter use to make many errors early in his career…he has brought them down alot…he has become a sure handed defender…what he lacks is range…check the stats…he probably made the least errors at ss last year and he played more games than any other ss in the league…what he no longer is…is a real offensive threat…

          • You are just wrong. Completely wrong.

          • Judging a fielder’s defense by the amount of errors he makes is a gigantic fallacy. Next you’re going to tell me Felix Hernandez sucks because he doesn’t win games.

          • theyankeefanatic 5 years ago

            you guys don’t read…my reply was to another blog earlier…and in previous blogs i said he is a sure handed ss…i also said he was declining in range…so of course that takes away from his overall rating as a defensive player…i didn’t say he was a great defender…thats why i advocated him being a superutlity player for the remainder of his career…because it seems like he would be able to handle flyballs since he has handled the popups well his whole career and since he has become solid in making outs when he does get to groundballs…and because he would probably hit better than any other super utility player out there(in terms of avg. not power)…but i no longer see him as a starter in terms of the quality of talent the Yankees usually have at every position…so i said in other blogs that the Yankees should try to trade for Stephen Drew or Hanley Ramirez and only make Jeter the starting ss if they failed to get one of those two…

          • Slopeboy 5 years ago

            I was in agreement with what you posted until you went the super utility route.
            1. Jeter has not played 2B or 3B ever in the Bigs.
            2. What makes you think he would accept any utility position in the first place?
            3. What makes you think the Yankees would pay $15MM or more for a utility player?

            Jeter will play the majority of games this year at SS unless he’s really really hurt.
            Maybe in 2012 he will accept the move to 3B and move A-Rod to DH, but to move him to a utility role is absolutely absurd.

          • theyankeefanatic 5 years ago

            Well…realistically he might not accept a superutility role…but for the Yankees it would be about getting the best ss they could first…then offering Jeter the superutility role out of repect for his desire to be a Yankee…and i was thinking the Yanks would offer him 10 million not 15 million,which would still be an over payment considering that he may only get 5.5 to 7.5 million on the open market…if that was taken as a factor combined with him really wanting to be a Yankee and getting 3000 hits as a Yankee and maybe if they stress they’ll try to get him 500 ABs all be it from multiple positions and batting lower in the line up…he just might go for it…plus he could get an extra bonus for his 3000th hit…some percentage of the marketing profits…that way he makes money based on how his milestone sells…big money for big sales small money for small sales…so maybe he ends up with 12 or 13 million.It’s not ideal for him but it is probably better than anything he would get on the free agent market.

          • Slopeboy 5 years ago

            Not to insult you, but what youu’tr proposing is preposterous. Jeter is not going to get paid for what he does on the field or what he is truly worth. Jeter is a Yankees icon and will receive a salary that takes that into consideration. He will undoubtably be overpaid, but not embarassed by losing his SS position this year. Already Cashman has let it be known that Jeter is the SS for the 2011 season. Next year is another story.To do what you propose would be a slap in the face and something Jeter would never allow to happen.Besides, if he becomes a utility player , who do you sit down? Cano? or A-Rod?, do you sit Gardner and put him in the OF, even though Jeter has never played there? That’s why I have a hard time believing that will happen.The marketing monies you’re talking about cannot be put into a contract because of the CBA agreement. The Yankees will not play around with ways in which to pay Jeter, they will overpay and come out with a set term and that’s it.The money will never be an issue with them, as they know Jeter and his agent will not do anything stupid on their part. Their biggest concern would be the amount of years.Jeter is very cognizant of his Yankees legacy and won’t come to the bargaining table with off the wall demands that will make him appear greedy.If it bothers you to see Jeter at SS this coming season, you’re going have to suck it up because the job is still his.

        • YanksFanSince78 5 years ago

          Surehanded means whatever he gets to he handles and turns the play. That’s why he has 3 GG and a great fielding %. And that’s often the mistake most ppl make. When you take into account his RANGE then that’s where he comes up short. Last year (2009) he did somethings in the offseason to improve his range and along with his ability to poistion himself in the right place he managed to have a resurgent year in 2009. In 2010 he regressed back to the way things were. Jeter will always turn the easy play and he will always position himself well. it’s his lateral movement that sucks.

          • theyankeefanatic 5 years ago

            thank you…now if i can just get you to push for him to be a super utility guy…we’d be totally insync…ha ha

          • Super utility is someone who can plays all positions–not someone who has only played one position his entire career (and would never do anything else).

    • theyankeefanatic 5 years ago

      why…? I think these sports writers are paid under the table by agents to hpye up a players vaule…it’s time to be more level headed even for the Yankees…just out of respect for the majority of people not doing well in this down economy…if they are going to hand out rediculous contracts at least let it be for elete free agent talent…not fading stars

  5. I always imagined Jeter somewhat involved with the Yankees even once his playing days are gone. I think that’s a decent suggestion, but we will see how it all plays out soon. I really hope it doesn’t get too messy.

  6. rsoxbob 5 years ago

    NYY really is a unique franchise. On the open market, Jeter gets Marco Scutaro money, 2 yrs for $12-15MM total. To think of the $ New York is going to be spending on Jeter (2-3X market value), ARod (2-3X market value), Posada (2-3X market value) and Rivera (Mo may actually be worth close to what he gets) in the coming years, one wonders if the seemingly-limitless bank account could really start to feel a squeeze at some point. Ah well, probably not.

    • These are also unique circumstances as well. While Jeter may be worth only half of what he makes based on his skill (still better than Scutaro), you can’t take away the fact he is the face of the franchise and what that means not only to the fans, but his teammates. So if he gets a contract similar to that mentioned in the above post I think he deserves it. As for Posada, I’m not sure what his contract terms are now, but the 2011 season is his contract ending season correct? I would imagine he would be retiring at that point. And A-Rod’s contract is just a mess, so no comment on that joke. Mo deserves every single penny he earns, so there is no frustration there, although I can see him hitting the decline very soon and I want him to go out on top.A squeeze, probably not, but baseball is a random sport and running a business is a beast in its own right. You never know what the future holds, but I foresee the Yankees being a successful franchise for years to come :).

      • Hermie13 5 years ago

        I think this Jeter is the “face of the franchise” stuff gets a bit overblown. I mean yeah he’s clearly the face of that franchise…but if he were to leave, someone would step in and fill those shoes. The Yanks are the old Orioles where they only had Ripkin….or the Cardinals where if they lost Pujols they’d be really hurting for that “face of the franchise guy”.

        Yanks have a few guys who have been around for a long time….and guys who are going to be around for years to come.

        • not_brooks 5 years ago

          You have to admit that it feels different with Jeter though. To me, Jeter is on par with the Yankees of old like Ruth, Gehrig, Mantle, et cetera.

          I mean, sure, you’ve got Mo, Posada and Pettitte, who are career Yanks (aside from Pettitte’s stint with Houston) and have been there just as long as Jeter, but they’re going to be gone in a few years.

          I’m not really sure what this has to do anything. I guess what I’m getting at is that the New York Yankees are going to feel very different when those four are gone.

          • Hermie13 5 years ago

            You kind of proved my point though…..even when the Yanks lose someone like a Ruth…there’s always someone there to step right ino their place.

            Same thing is gonna happen with Jeter IMO.

            He’s still very much worth keeping around though.

          • theyankeefanatic 5 years ago

            Yeah…as a superutility guy but not as a starter…at least not after 2011 at best.

    • Guest 5 years ago

      This is Posada’s last year. Scutaro has a hole in each hand an arm made from jelly and the range of a 60 year old, so I wouldn’t compare those two. I will agree however with Arod probably being paid a third more than his actual value. However having an overpaid DH (the remain 3 or 4 years) is not a terrible problem to have. Having an overpaid SS is, hence everyones desire to limit Jeters contract years.

      • Tko11 5 years ago

        Relax with the Scutaro hate…hes a pretty good shortstop.

        • The_Silver_Stacker 5 years ago

          not really

          • Tko11 5 years ago

            Well thats just the answer Id expect from an awesome yankee fan…Just so you know not every team can have a lineup filled with allstars.

      • YanksFanSince78 5 years ago

        The difference is that Arod, even at 40-42, can probably hit 25-30 hrs and a solid .275/.340. FOr better or worse he has a lot of milestones ahead, even if they are tainted and don’t mean as much. Jeter does too but his value is tied to his ability to do it as a SS. Even with the year he had he still ranked near top 5 in every offensive category among SS except for maybe HRS in 2010. But the Yanks would not be able to justify a DH producing those same numbers. So we need him to come back to form offensively and be at minimum, slightly below avg in range, and above average in turning the ones he gets to.

        • But the thing is 25-30 hrs and .275/.340 doesn’t get Vlad’s 9m option picked up. A-Rod will be the highest paid player in the game.

          • Hermie13 5 years ago

            No he won’t……Pujols will likely have passed him by.

          • For sure.

            And I think ARod’s contract is set up in a way that he gets paid less per season as he gets older. He will still be ridiculously overpaid obviously, but not $32M like he is now. I think it is like $20M for his last few years so he probably will barely be in the top 10 by then.

          • YanksFanSince78 5 years ago

            And you completely miss my point. Arod is ALWAYS going to be overpaid even if he hits .300/.390 w/ 40 hrs and plays great defense at 3B. The point is, at age 40-42 when he’s making $20 mil his contract and his ability to hit .275/.340 w/ 25 hrs would be a closer gap than if Jeter were moved off of SS and placed his 2010 numbers as a DH. No way would Jeter be considered a “good” DH with those numbers he just placed.

            And as for the Vlad comment, so what? The Sox just picked up Ortiz for $12.5 and his numbers weren’t that much better than Vlad’s.

          • I didn’t miss your point, I completely understand what you are trying to say, I just really disagree with your logic. You leave out that A-Rod will make much more than Jeter for a much longer amount of time. A-Rod will be more overpaid than Jeter will. A-Rod will be more productive, but it won’t make up for the sizeable difference in salaries. Even with the obvious overpay Jeter will receive, he will be more cost effective. Jeter had a bad 2010, but he was an elite shortstop just one season ago. I’d suggest the Ortiz option was dumb as well. Everyone agrees Ortiz is being overpaid according to the market, but A-Rod will be making about twice as much. Sorry, that’s much more of an overpay than whatever Jeter will get.

          • theyankeefanatic 5 years ago

            Your right…i hate the Arod contract…i believe i’ll hate the Jeter contract but less because Arod’s contract is just plane stupid…i know hindsight is 20/20 but who would have given Arod even 7 years at 25 million…i don’t think anyone…i wanted Arod but for at least three less years no homerun bonuses and only 20 or 25 million a year…and i want Jeter to get 3000 hits as a Yankee but beyond the grand milestone i don’t want him out there as the starting ss and probably at the top of the order for the remaining half of the season…

        • Ben_Cherington 5 years ago

          ARod at age 35 hit .270 30hr….what makes you think he will do that in five years? His stats are already on the decline. I think you will hate arods contract in 3 yrs!

          • YanksFanSince78 5 years ago

            Quite possibly. But there are plenty of examples of HOF power hitters who hit decently into their early 40’s.

            Hank Aaron @ age 39 hit .300/.400 49 hrs
            Willie Mays @ age 40 hit .271/.425 w/ 18 hrs
            Darrel Evans @ age 40 hit .257/.379 w/ 34 hrs

            As long as Arod is healthy then he might be productive.

          • Ben_Cherington 5 years ago

            right you are however im basing this off of his decline in stats and recent surgery.

            Turns out i can list a loot more 40 somethings with bad stats. The chances of him playing at a high level that much longer is very slim.

          • theyankeefanatic 5 years ago

            maybe even in 2 years Theo…but i hope not…the only thing that might save Arod is if he finds a way to secretly take PED’s…that and maybe just being a DH from 2012 on…if he doesn’t have to play the field maybe he doesn’t get injured as much and he goes thru some minor revitalization…that allows him to continue to hit 20 to 25 Homers at 40 thru 42…

          • Ben_Cherington 5 years ago

            I hope he can keep it up, i would love him to beat bonds record! they both cheated but atleast arod manned up and admitted it! That means a lot in my book, and i really do want him to succeed (not against boston, i want tek to hit him in his mouth again) but the numbers and age will work against him….he has a lot of miles on him!

      • Not to mention Jeter doesn’t exactly have the best range. Scutaro has been a better defender than Jeter according to nearly every fielding metric since Scutaro has become a full time player. Scutaro was also better offensively than Jeter this year, or at worst the same. Oh did I mention Scutaro isn’t even the best shortstop on the Red Sox? That said of course I’d rather have Jeter, but on the open market he wouldn’t get much more than Scutaro money. However, from a production standpoint it isn’t an absurd comparison to make between two players when factoring in defensive, age, and offensive capabilities. He’d get more because he is Derek Jeter, but he’d have a real tough time finding more than 3/30 imo.

        • Hermie13 5 years ago

          Exactly. Other than NY fans…..no one thinks Jeter is a good defensive SS.

      • Really dude? I’m not a red sox fan but the difference DEFENSIVELY between Jeter and Scutaro is not that big. Offensively is a different story.

      • Ben_Cherington 5 years ago

        i just checked 2010 stats and its arguable according to stats that scutaro was better than jeter, so if scutaro is that bad what does that mean for jeter and his contract

        BA Scutaro
        OBP Jeter
        SLG scutaro
        Steals jeter
        Hrs scutaro
        RBIs jeter

        Fld% Jeter
        WAR scutaro

        just pointing out the stats….

        scutaro is better value wise (not considering off field sales)

        • YanksFanSince78 5 years ago

          Your sort of splitting hairs here..

          Jeter- .270/.340/.370 w/ 10 hrs , 18 SB, -4.3 UZR, WAR 2.5
          Scut- .275/.333/.388 w/ 11 hrs, 5 SB, -2.9 UZR, WAR 2.1

          (RBIS are subjective so I didn’t mention.)

          • Ben_Cherington 5 years ago

            i know but my point is you can make that argument. They are very similar but you say scutaro is that bad but your guy is very similar….i would take scutaro every day over jeter if i get the same production for half the price, everyone would

      • theyankeefanatic 5 years ago

        Arod’s deal is about a third more than his vaule for the first five years then 50% more the next two then 75% more the last three…which should force the Yanks to negotiate extremely conservatively with Jeter because they can’t afford to have two senior citizens clogging the works for multiple years…it’s a recipe for disaster.

    • bonestock94 5 years ago

      Jeter had the worst year of his career and was still better than Scutaro. Just on the basis that he might get closer to his career numbers in 2011 would get him more money. Age is obviously a concern, but Scutaro is only a year younger.

      • I agree Jeter will probably rebound and deserves more, but please give some evidence to why he was better in 2010. Scutaro was the superior defender, and it wouldn’t even have been close until Marco got hurt. Offensively Scutaro slugged more, had a higher OPS, a higher batting average, hit more homers and doubles. They were close and I have no problem saying they were close, but there is no way you can say Jeter was better in 2010. For the record, Jed Lowrie was better than both in under 200 at bats and could be an All Star if he stays healthy in 2011.

        • bonestock94 5 years ago

          I did a quick look of UZR, wOBA, wRC+, and WAR before saying that. Jeter edges him out in all of those categories by such a slight margin that they were essentially interchangeable though (at least using advanced statistics). At his worst Jeter equaled Scutaro, but Jeter has a serious track record behind him that could lead one to believe that he could rebound in 2011. Or it could be the end of the road. Who knows.

          Links for your reference:

          link to fangraphs.com

          link to fangraphs.com

        • I will eat a Red Sox hat if Jed Lowrie makes the All-Star team next year.

          • Reminds me of Wilfredo Ledesdma. You give up 6 runs, you bent your feelings by trying to swallow your hat.

          • And why is this? Guys like Elvis Andrus and Ty Wigginton made the team last year. I understand Lowrie’s injury history and that his season was a small sample size, but he was incredible in that small sample. He had a .287/.381/.526…that’s an OPS of over .900 for a shortstop, despite having a low BABIP. Even if you expect him to substantially regress, he’s a better hitter than any shortstop in the AL right now. It certainly isn’t a bold prediction to make, even if it doesn’t work out. His injuries have been more fluke than people admit, and he was a highly touted hitter coming up.

          • Slopeboy 5 years ago

            Be careful, while the odds are in your favor, Lowrie’s a good and upcoming player and the buttons on the caps are made of metal.

        • bonestock94 5 years ago

          I guess my other comment wasn’t approved by the moderator, so I’ll do it again.

          Jeter edged him out in UZR, wOBA, wRC+, and WAR. But I’ll concede that it was by such a small margin that they were probably interchangeable in the eyes of those advanced statistics. Like you said though, the possibility that Jeter will approach his career numbers would probably get him a better contract.

    • Ray R 5 years ago

      Posada will likely retire after this year. If not, I doubt the Yankees bring him back for 2012 – not with Montero, Romine, Cervelli and Sanchez all waiting their turn to catch. Mo is certainly worth every penny of his contract. Pettite (IMO) will announce his retirement shortly. That leaves Jeter – and Jeter has every right to expect a contract for 13-15M per year. My thought was the Yanks sign him to 3 yrs guaranteed at that price, with 3 more years as mutual options. If he retires, then those three years get rolled into the personal services term of the contract; which I think should be 5 years at $25M each – but deferred over the next 15. That makes total contract value worth around $200M, but average annual contract only about $9M. It’s a win-win for everyone; plus, Jeter gets to pursue his dream of an ownership stake the same year he becomes HOF eligible.

  7. andhicks 5 years ago

    “Jeter is still Jeter, the Yankees are still the Yankees and no other team will be a factor”

    That sums it up nicely.
    Lets move on.

  8. LifeLongYankeeFan 5 years ago

    Just get it over with as well as mo and work on Lee.

  9. moonraker45 5 years ago

    “The negotiations could get messy, but Joel Sherman of the New York Post has a suggestion. He says the Yankees should lock Jeter up to a three-year $45MM deal plus a 25-year $75MM contract for Jeter to work in the Yankee organization once his playing days end.”

    So to sum up a 28 year/ $120 million dollar contract.

  10. safari_punch 5 years ago

    Let him walk. His defense is overrated and his stick is in decline.$75 MM ?? Absurd. Sherman must double as an accountant for his second job?

    Bye Jeter!

  11. Is it really all that smart for the Yankees to decide right now that they want to be paying $3 million a year to an ex-player twenty five years from now? Things change, why lock yourself in to such a ridiculous length? $3 million won’t be much (relatively speaking) 25 years from now but I’m guessing it’ll still buy a descent coach or maybe a rookie salary. Why mete that out now?

    • Airp0w 5 years ago

      I feel the same way, you beat me to it haha.

      I think they should give him a 2 year contract with three team options at 10-12 million a year and then with something similar to what Sherman said but only 5 years and 1M a year. Maybe 10 years if Jeter wants more. The years in the front office are just for show right after he retires, when he hasn’t played baseball in five years and his contract runs out the public isn’t going to be at the Steinbrenner’s throats to resign him. Then they can sign him to something more appropriate to how much work he is doing or he can retire.

    • theyankeefanatic 5 years ago

      exactly…i don’t see why the Yankees would do that…does a great player necessarily make a great manager or scout or GM…and does Jeter want to be Mr Yankee in his 60’s…i don’t like it for either side…

  12. Airp0w 5 years ago

    Am I the only person who thinks that giving Jeter 3M a year for 25 years to work in the front office is insane? It’s not like he’s going to be the GM. I don’t know what he’s going to be doing, but I can’t see it being much more than what Roberto Alomar did with the Blue Jays recently. Unless he decides to coach but that won’t happen right after he retires, he’s probably going to bang hot chicks for a few years. So they are going to be paying a “special consultant” or whatever they call him 3M a year? I don’t think the new Steinbrenners value him that highly.

    • Hermie13 5 years ago

      That is a bit excessive IMO. Though for the Yanks, that’s nothing really.

    • Slopeboy 5 years ago

      I totally agree. Jeter’s been great, but the Yankees organization doesn’t owe him anything. Jeter is the modern Yankees Joe Dimaggio, and Joe never got a services contract, as much as I love Derek, I can’t see paying him just because he’s Derek Jeter.

      • YanksFanSince78 5 years ago

        $3 mil a year is nothing. Yanks have been doing this forever. You think Reggie Jackson and Tino Martinez hang around just because they want to? They are not coaches but they do hold some sort of special assistant job with the Yanks.

        • theyankeefanatic 5 years ago

          but for how much…why should Jeter get so much for so long…?

        • Slopeboy 5 years ago

          Reggie is a ‘consultant’ , does liaison, PR work and scouts on several occasions throughout the year. Tino does minor league Broadcasting as well as fill in work on the Yes network, both for considerably less than $3MM a year. If Jeter wants to do that, I guess it would be alright to overpay him for that. I just don’t believe he should be paid to be Derek Jeter.

    • YanksFanSince78 5 years ago

      Of course they do. Consider this…


      Those are the Yankee legends. 4 of them are decesed. Berra’s up there in age and only comes on special occasion. Ford you don’t see around much. Jackson already works in the capacity they are offering to Jeter. Jeter is by FAR the most popular of the living Yankee legends. He already has expressed interest in doing something behind the scenes. This should really be a non-issue.

  13. Instead of paying Jeter 3m a year for the next 25 years, they could sign an elite draft talent to an overslot deal every year. Or sign a top IFA every year…do you know how many Jesus Montero’s they could find using that money for the next 25 years? How would that not be better for the franchise? Give Jeter 3/45 with nothing else…what other options does he have? The Yankees have leverage and should use it. 45m would allow him to save face and is a real overpay to begin with.

    • YanksFanSince78 5 years ago

      I’m sure the Yanks would want to do this even if he retired today. He’s being offered the chance to be a Yankee rep to the public. Sort of an all-star liason to shake hands, kiss babies, etc.

      • But wouldn’t he just do it? Why does he need $3 million a year to do that? Every franchise has lifer retired types who show up at big events and 10-15 games a year. That is GM money. I realize the Yankees “have” the money, but its a poor allocation of resources. I love the argument that anytime the Yankees spend money its just because they have so much, yet they don’t spend much on the draft. Why wouldn’t they always sign the top talent available if money is no object? Giving Jeter $75m to do a job that he would do anyways is a joke.

        • theyankeefanatic 5 years ago

          absolutley…and they need to spend more on international free agents…they could get the best rated foriegn player every year.

  14. woadude 5 years ago

    You know I have said this before and it may have been overshadowed, but I believe the Yankees free spending days are over, now i know ever since the 70s you guys have shelled out more money than all the franchises combined, but that was because of one man and his undying desire to be the best, now when that mans sons run the business, they are totally different people, their dad didnt even want them to take the reigns because he knew they didnt have the same passion as he did, and then there was a statement from one of the sons who said he is going to take this in a business approach with Jeter, in other words he isnt going to let Jeter get in the way of adding Lee and at the same time he isnt going to give Lee CC money, because their eyes are on their own bank account and like i said, in the end you are going to see a totally new Yankees ownership and one that ever since the 70s has never been fathomed.

    • YanksFanSince78 5 years ago

      I think you’re dreaming. They have made it clear that the budget is going to be around the same. They may not want to exceed $210 mil or better but they are not going to call for a budget slash. The Yanks make SOOOOOO much money they NEED star power to keep the machine running. COnsider the Yanks the Las Vegas of baseball. They constantly need stars to keep butts in seats. If anything has changed, and it’s for the best, they have learned that you need to have a good farm as well and that trading blue chip prospects for the “Ken Phelps” of the worlds isn’t a smart move. It happens every now and then (see Vazquez and Nady deals) but far less than what it has before.

  15. Ben_Cherington 5 years ago

    If jeter cared as much for yankees fans and the organization as they do him, dont you think he would try for 12mil per year or just above market value so the team could address and spent more on more important needs? Just a thought.

  16. “He doesnt need the money, he is not going to push a contract”LOL. When did not needing the money stop any player from going after the very last penny? (Roy Halladay is the exception to this rule).

  17. Not trying to hate, no anti-Sox hate or bias here, but I did see alot of Red Sox games this year, and he made about, 26 errors? He made some flashy plays here and there, but I saw the ball get boot, and pass through his glove, and just plain misplaying it or throwing it away alot. He was pretty decent offensively tho.

  18. He WAS one of the best shortstops ever…he isn’t the same guy. That’s not hate, that’s reality. Jeter is a below average fielder now.

  19. jwredsox 5 years ago

    His fielding has been in the negative for all but 3 seasons. Hardly an understatement to call him a below average defensive SS.

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