Derek Jeter and NYY negotiations

[Invader3K]

I find this somewhat funny and at the same time, fascinating.

Two two sides could be $50 million apart.

Neither Jeter nor his agent, Casey Close, has disclosed what numbers they are seeking, but it is believed Jeter wants a five- to six-year deal somewhere in the range of $20 million a year. If you do the math, that's a difference of at least $50 million from the Yanks' offer.

Most baseball analysts agree that, on the open market, the 36-year-old Jeter would attract no more than a two-year deal for a total of $15 million to $20 million.

Despite Steinbrenner's comments, an undercurrent of testiness has entered the talks. Both sides claim they want Jeter to remain a Yankee, but it appears these negotiations are not going to be the breeze that some envisioned when his 10-year, $189 million contract expired at the end of the season.

 

I think it's a given he ends up a Yankee again next season. It would be really funny if the Yankees end up being "forced" to overpay him, but it sounds like they are sticking tot heir guns for right now.

[crewcrazy]

I love this quote from an anonymous Yankees source:

 

"Tell him the deal is three years at $15 million a year, take it or leave it," the person taking the hard-line approach said. "Wait him out and he'll wind up taking it. Where's he gonna go, Cincinnati?"

 

Gotta love the New York mentality, my way or the highway.

[M Skjellyfetti]

I think Jeter is being pretty ridiculous if that's what he's really seeking. He holds little to no power in the negotiations; he can either take above market value from the Yankees or go somewhere else for less. I don't see any way that he gets what he reportedly wants. Good for the Yankees for not paying him just for the sake of paying him.

[Invader3K]

Gotta love the New York mentality, my way or the highway.

As much as I hate the Yankees, I think they are right in this respect. $15 million per year for an aging shortstop is more than fair. It sounds like they are willing to pay him even more than that, just not for more than three years. Jeter needs the Yankees more than they need him at this point.

[brewmann04]

Anyone thinking that Jeter and the yankees will not reach a deal are crazy, the NY Papers Here are actually laughing how people are talking about this at all.

[Funketown]

One has to wonder how much value Derek Jeter adds to the Yankees simply by being Derek Jeter. On the field, over the course of a four year deal, I'd expect his value to be no more than 48 million (15-13-11-9), and I think that's a bit generous. Is it possible that Jeter adds $5 million per year in press relations, fan relations, merchandise, etc? I'm not sold, but it isn't completely unreasonable to think so. The guy is more valuable to the Yankees than to any other franchise right now. He'd be very smart to take 3/45 or 4/52 if it's offered.

 

Here's to hoping Jeter rejects the Yankees deal, searches for a 6-year/$120mil deal, and the Yankees refuse to negotiate with him. Then Dayton Moore swoops in and applauds his 4y/$70MM free agent signing, who will finish his career a Kansas City Royal.

[brewmann04]

Being From NY There is No way Jeter does not get a Contact to stay a Yankee,everyone going crazy over a non issue.We have a better Chance of landing Cliff Lee than the Yankees letting Jeter GO

[Oldcity]

The Yankees are right. He wouldn't beat that offer on the open market by more than an insignificant amount. He's not going to leave New York over a couple million bucks.

[trwi7]

I agree with the Yankee official who would offer 3/15. That's still probably too much, he was horrible last year. I don't see another team giving him that much.

[RyDogg66]

This is going to be a game of chicken. Jeter wants to stay in NYY and get paid like A-Rod. The Yankees want him to stay in NYY and pay him market value for his production. However, if Jeter goes to Anaheim, or Philly or anywhere else, he would be huge, he would sell thousands of jerseys, increase attendence during his mark toward 3,000 hits and beyond, thereby increasing his value to any other team beyond production.

 

I think the Yankees are going to have to give him 4-5 commitment but at less than the 20 mil or so that Jeter wants. My prediction is a 5 year deal worth about 70-75 million.

[Oldcity]

Oh, please let that come true. That would make my day.

[endaround]

Actually the only real fit is a team that has trouble selling but has money to spend. Which means: "Leading off for your Washington Nationals, Derek JETER!!!!!!!!"

[BrewersSuperCollector]

Hold out Jeter....How can you feed your unborn children? Jeter will end up in pinstripes no doubt.

[TooLiveBrew]

I agree with the Yankee official who would offer 3/15. That's still probably too much, he was horrible last year. I don't see another team giving him that much.

But Jeter was still good enough to lead the leauge in a major offensive category! 515 outs meant he shared that honor with Juan Pierre.

[logan82]

At least he is only the second most deluded person according to the survey over at Fangraphs. Ouch.

[danzig6767]

I see this ending up something in the 4yr/65 million range, way more than Jeter is worth as a player, but the Yankees can afford to waste cash like no other franchise and still win.

 

By the 3rd/4th year of that deal, Jeter playing SS will have the range Casey McGehee

[Invader3K]

I see this ending up something in the 4yr/65 million range, way more than Jeter is worth as a player, but the Yankees can afford to waste cash like no other franchise and still win.

 

By the 3rd/4th year of that deal, Jeter playing SS will have the range Casey McGehee

He'll probably be DHing quite a bit by then, assuming Posada retires in the meantime.

[owbc]

Yeah, his production has been down, but look at his defense--he won another gold glove!

[logan82]

By the 3rd/4th year of that deal, Jeter playing SS will have the range Casey McGehee

He already does.

[Roscoe Chill]

To be honest, as a Yankee hater, I don't hate Jeter, even though I know he's overrated, overpaid etc.

 

That said, I love the stance by Brian Cashman..."go test the market."

 

This is all about Alex Rodriguez and the money he makes. I would actually lower my offer every week if I were the Yankees.

[dadofandrew]

He's worth about 3y/$20M. One of the things Theo understands, and says often, is you're not paying for past production, you're paying for the future. Derek seems to not get this. Sure the Yankees can throw away $10M per, but they can do that on someone with a lot more ceiling than a 37 year-old SS who never had anymore range than me after a big meal.

[danzig6767]

dadofandrew]He's worth about 3y/$20M. One of the things Theo understands, and says often, is you're not paying for past production, you're paying for the future. Derek seems to not get this. Sure the Yankees can throw away $10M per, but they can do that on someone with a lot more ceiling than a 37 year-old SS who never had anymore range than me after a big meal.

Epstein isn't the only GM who understands that players generally decline with age once they cross a certain point, but if he was running the Yankees or any other GM was, they wouldn't treat Jeter like he was just any random aging player up for a new contract, especially with the way NY prints money. In select cases with HOF caliber players who have been with a franchise for a long time, teams almost always will include past performance into contract negotiations. There reaches a point though where demands not only become excessive, they become grossly excessive and a team has to draw a line in the sand.

[endaround]

I think the biggest issue is that Jeter is treating 3years/$15m as a slap in the face. That's still a huge salary, one which few players cross.

[logan82]

A few years ago I thought Hardy would be a FA and the SS of the future for the Yankees.

[Invader3K]

A few years ago I thought Hardy would be a FA and the SS of the future for the Yankees.

If the Twins non-tender him, that could still be a possibility I suppose.