The Yankees and long-time captain Derek Jeter appeared to be closing in on a deal late last night, but there are still some hurdles that need to be cleared. Let's keep track of latest surrounded the game's active career hits leader throughout the day, with the most recent news up top…
- Jack Curry of the YES Network tweets that both Jeter and Mariano Rivera have agreed to defer money, concessions that help pushed talks along. Rivera is close to re-signing as well.
- SI.com's Jon Heyman says a contract could be finalized today. Ken Rosenthal of FOX Sports says that the deal will be for three years at $15-17MM annually, and that the fourth year option will be a "creative hybrid solution" that is not guaranteed and can't vest. (Twitter links)
- Sweeny Murti of WFAN.com tweets that the Yankees worked deep into the night to get a deal done, and they're talking about a three-year contract worth $51MM that includes a fourth year vesting option at $10MM. The two sides are reportedly "very close."
This post was originally published on November 4th, 2010.