• Yanks To Sweeten Pot For Jeter?

    Posted by on December 3rd, 2010 · Comments (10)

    I’ve seen this story (courtesy of Michael S. Schmidt of the New York Times) reported across a handful of media outlets which says, basically, that the Yankees will increase their initial offer to Derek Jeter from 3Y/$45M to something in the neighborhood of 3Y/$51M with an option for a fourth year or a $6M buyout (thus turning it into a 3Y/$57M deal).

    I stand by my original feeling that 3Y/$45M was more than fair, especially given that the lower end of the market has been defined as roughly $7M/season for comparable players in age and 2010 performance.  The Yankees have no competition for Jeter at 3Y/$45M and thus they maintain the majority of the leverage in these negotiations.  Why, they, do they feel the need to bid against themselves for an additional $12M in total compensation?  While I applaud them for holding firm on three years (with a fourth year option which they can decline), I don’t see the value in giving Jeter more money.

    In any case, $12M more over three years is really nothing to get terribly upset about.  I hope the Yankees’ generosity ends at 3Y/$57M (inclusive of the fourth year buyout) and that Jeter comes to his senses about what his true market worth is.  The next move must be made by the player.

    Separately, the final paragraph from the above-referenced NY Times article struck me as peculiar:

    For now, the Jeter stalemate has proven to be a significant distraction for the Yankees just as they prepare to intensify their efforts to lure the free-agent pitcher Cliff Lee to the Bronx with a lavish multiyear deal.

    I’d like to know where Michael S. Schmidt is getting his information from.  What gives him the impression that the Jeter negotiations are proving to be a distraction to any potential deal with Cliff Lee?  Unless this is something he has observed personally or has been apprised of directly from a member of the Yankees front office, I’d say this is ridiculous.  Cliff Lee’s agent has made it publicly known that he doesn’t want to entertain contract offers until the start of the Winter Meetings next week.  Thus, I find Schmidt’s contention that the Jeter negotiations are distracting the Yankees from the Cliff Lee situation to be disingenuous.

    Comments on Yanks To Sweeten Pot For Jeter?

    1. December 3rd, 2010 | 3:01 pm

      Funny, when JUST pressed on WFAN now, Jon Heyman said that he thought Jeter’s deal, in the end, would be 3 years for $54 and maybe an option for a 4 years. Seems close to this report.

      Heyman also said that Jeter wants A-Rod’s money and A-Rod wants Jeter’s rings. And, while they used to be friends, they’re now “frenemies at best.”

      Heyman also commented that A-Rod plays his best when the money is on the line (meaning his contract year) and Jeter plays his best when the game is on the line.

      Good stuff.

    2. December 3rd, 2010 | 3:15 pm

      “Heyman also commented that A-Rod plays his best when the money is on the line (meaning his contract year) and Jeter plays his best when the game is on the line.”

      I like Heyman, but A-Rod has nine career walkoff homers, and Jeter has two. A-Rod has 21 grand slams; Captain Clutch has one.

    3. MJ Recanati
      December 3rd, 2010 | 3:41 pm

      Jon Heyman said:

      [W]hile they used to be friends, they’re now “frenemies at best.”

      Hardly news-worthy remarks by Heyman and totally irrelevant to the current contract negotiations between Jeter and the Yankees, unless Jeter is using his dislike of Rodriguez to try and get out of New York. Since I don’t think that’s the case, I don’t see why this matters.

      Jon Heyman said:

      A-Rod plays his best when the money is on the line (meaning his contract year) and Jeter plays his best when the game is on the line.

      Stats don’t back that up.

      In the end, the most interesting thing wa:

      Jon Heyman said:

      Jeter wants A-Rod’s money and A-Rod wants Jeter’s rings.

      Jeter can’t make A-Rod’s money because that ship sailed already. A-Rod obviously can’t get Jeter’s rings because any rings that A-Rod wins in the future also get added to Jeter’s impressive total.

      Also, isn’t it interesting that Heyman thinks Jeter is jealous of A-Rod’s money That flies in the face of every single thing we’ve ever heard about Derek Jeter. It’s perfectly natural to be envious of someone else’s financial success and, if this is true, Derek Jeter is simply a human being for feeling this way. But it’s funny that 99% of the time, all we ever hear about Jeter is that he’s above all the petty stuff that mere mortals are consumed with on an everyday basis. Turns out that Jeter is human after all and that he’s got faults, just like his so-called “frenemy.”

    4. #15
      December 3rd, 2010 | 5:58 pm

      I’ll bet A-Rod would like Jeter’s endorsement money. When was the last time A-rod appeared in a national TV ad for a car, a drink, a shoe or a razor blade? Doesn he need it? No. Does he want it? Sure. As a side bar, at this stage, I’d also take Minka over CamDi. As is often said, even during tough contract negotiations,…. “It’s good to be Derek Jeter.” My guess is that he knows that, but hey, show me the room that holds the people who don’t want more pay and I’ll show an empty room.

      The smart thing he’s done here is to keep his mouth completely shut in public and let his agent take both the shots and the arrows. Is it too much money? Argue if you must, but it doesn’t really matter as long as the Yankees still have the ability to put the players on the field that can give them a good chance to add another ring or two over the length of the DJ’s contract.

      One last thought here as this appears to be on a path to getting done. I’d be surprised if Jeter would stick around to finish out the contract if he was hitting .220 and riding the pines against righties. If he’s really done, I could see him asking for a buy out after two years and going home. Let’s hope he’s got another 2009, or two, left in the tank. No more WBC’s either. 2009 was a crazy long year for him. Early camp, WBC, long season, an All Star game, 3 rounds in the post season. That was 10+ months of baseball and a lot of pressure games. Not a good thing for a guy his age. Maybe he just wore down some by the middle of 2010 and had to stay in the line up because the back-up infielders had to cover third base. I hope that’s the case and I hope to be in Cooperstown when he gets inducted.

    5. Evan3457
      December 3rd, 2010 | 6:09 pm

      Steve Lombardi wrote:

      Funny, when JUST pressed on WFAN now, Jon Heyman said that he thought Jeter’s deal, in the end, would be 3 years for $54 and maybe an option for a 4 years. Seems close to this report.
      Heyman also said that Jeter wants A-Rod’s money and A-Rod wants Jeter’s rings. And, while they used to be friends, they’re now “frenemies at best.”
      Heyman also commented that A-Rod plays his best when the money is on the line (meaning his contract year) and Jeter plays his best when the game is on the line.
      Good stuff.

      Yep, HA-HA-HA, what a great line by Heyman.

      Uhhh, just one more thing, John…what contract was A-Rod playing for in 2009, when he carried the Yanks on his back through the entire post-season until game 7 of the Series, when Hideki took over?

      Just wondering.

    6. Raf
      December 3rd, 2010 | 8:00 pm

      #15 wrote:

      I’ll bet A-Rod would like Jeter’s endorsement money.

      Wouldn’t surprise me at all. Probably would like to get a cut of all the papers that get moved when he makes the front or back cover…

    7. December 4th, 2010 | 12:17 am

      To be honest 45 million is too much for Jeter, the idea of paying more than 50 with a 4th season buyout is ludicrous. I think the Yanks would be better served to overpay for one year and then let him walk. It’s to Jeter’s advantage more so than the Yankees to get his 3oooth hit in the pinstripes.

    8. Corey Italiano
      December 4th, 2010 | 9:55 am

      Steve Lombardi wrote:

      Heyman also said that Jeter wants A-Rod’s money and A-Rod wants Jeter’s rings. And, while they used to be friends, they’re now “frenemies at best.”

      What is this? The days of our lives? Who gives a crap, play the game.

    9. 77yankees
      December 4th, 2010 | 10:30 am

      Isn’t this Jeter v. A-Rod crap almost ten years old now since the infamous Esquire piece or whatever it was?

      They won a ring together, they’re both going to the HOF, and more than likely….BOTH will have their # retired and immortalized in Monument Park. Stop trying to make this Kobe v. Shaq….who’s jealous of whom, who can win without the other….enough!!!!

    10. Raf
      December 4th, 2010 | 11:47 am

      @ 77yankees:
      Drama sells.

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