Blog Entry

Report: Jeter wants six years, $150M

Posted on: November 26, 2010 9:53 am
Edited on: November 26, 2010 4:34 pm
 
Derek Jeter
Late last season, Major League Baseball and the players association reached an agreement to stop discussing contract negotiations through the media. And just weeks ago, the Yankees and Casey Close, the agent for free-agent shortstop Derek Jeter, agreed not to disclose their negotiating positions.

And yet here we are, not surprisingly, with everybody's laundry hanging out on the public clothesline. The Yankees, we learned earlier in the week, have offered Jeter three years at $45 million. And now, Bill Madden of the New York Daily News reports that it's thought Jeter's starting point is six years at $150 million -- and that he's unwilling to budge from the annual value of $25 million.

The Yankees have taken a hard line, saying this is a baseball contract, not a golden parachute, and Jeter is a 36-year-old infielder coming off his worst season. Add the $45 million, which is significantly over market in a strict baseball sense, to the $200 million the Yankees have already paid Jeter, and he'll have earned more money than anyone in baseball history not named Alex Rodriguez.

Close, however, is seeking a lifetime achievement award that recognizes Jeter's iconic status and the hidden value of having Captain Clutch in pinstripes. In what I'm sure just is a coincidence, the average annual value of the seven remaining years of Alex Rodriguez's contract is $24.9 million, but as Madden points out, the circumstances of A-Rod's contract were much different than Jeter's situation. Rodriguez was coming off a monster year as the Yankees' cleanup hitter, was 32 and appeared certain to be on his way to becoming the all-time home run leader (and word of his steroid use had not yet come out).

There's simply no way the Yankees, even with their financial means, can pay Jeter $25 million a year -- especially considering that since they pay a 40-percent luxury tax, it would cost them considerably more than that. And there's little chance someone else is going to pay Jeter more than the $15 million a year the Yankees are offering. So Jeter is going to have to find a way to soften his stance while not looking like he caved.

UPDATE: Close responded to several media requests for comment with a statement that the report of Jeter's position is "simply inaccurate," and declined to elaborate. If Jeter's demands are substantially less than the 6/$150M report, don't be surpised to see a specific number leak later today -- Close's client is getting roasted in the court of public opinion.

-- David Andriesen

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Comments

Since: Nov 14, 2006
Posted on: December 4, 2010 10:31 am
 

Report: Jeter wants six years, $150M

Well...this morning its been reported that Jeter will sign  3 year deal with a 4th year option that will carry an AAV (average annual value) of 19 million.



Since: Feb 22, 2010
Posted on: December 3, 2010 10:27 am
 

Report: Jeter wants six years, $150M

Okay.  Thanks.  A deal that averages between $19 and 21 milion per year.  I don't think he'll get that much, especially if Jeter gets the 4 year deal he apparently wants, but time will tell.



Since: Nov 14, 2006
Posted on: December 2, 2010 9:16 pm
 

Report: Jeter wants six years, $150M

It doesn't really matter what I think it means.  Your definition is the important thing here. 

Sure it does and you gave an answer you don't think 17 or 18 mil is roughly 20million.....When I say roughly I figured between 19 and 21 million.

 You said Jeter "is worth more than 20 million a season to the Yankees and thats why they will pay him roughly 20mil per season." 

Let's get one thing straight....I am not saying Jeter is worth more then 20 million to the Yankees all of the number crunchers involved in the negeotiation are..I am only speaking from that standpoint...which I believe is true.


In order to determine if your prediction comes true, we need to know what it is you're saying. 

I am not predicting anything..It's my opinion.

I don't consider 17 or 18 million to be roughly 20 million, but maybe you do.  Heck, you might say 15.5 million is close enough.  Obviously, the more liberal your definition, the more likely you are to be correct.  That's why I'm wondering wondering what you consider to be roughly 20 million.  Before the signing of any contract.  Not after

I can understand and respect that for all you know a deal could get done at 24 mil a year and I can say that was roughly...and unlike miked I will tell you what I think will happen...I think the Yankees will give a deal that avgs between 19 and 21 mil a season...it might be front loaded, meaning Jeter will see 21 or 22 mil in year 1 and then those number decline as the contract extends.



Since: Feb 22, 2010
Posted on: December 2, 2010 10:17 am
 

Report: Jeter wants six years, $150M

Define what comprises "roughly 20mil per season?"

You want a definition of an estimate? What do you think it means?

It doesn't really matter what I think it means.  Your definition is the important thing here.  You said Jeter "is worth more than 20 million a season to the Yankees and thats why they will pay him roughly 20mil per season."  In order to determine if your prediction comes true, we need to know what it is you're saying. 

I don't consider 17 or 18 million to be roughly 20 million, but maybe you do.  Heck, you might say 15.5 million is close enough.  Obviously, the more liberal your definition, the more likely you are to be correct.  That's why I'm wondering wondering what you consider to be roughly 20 million.  Before the signing of any contract.  Not after.




Since: Nov 14, 2006
Posted on: December 1, 2010 8:20 pm
 

Report: Jeter wants six years, $150M

Define what comprises "roughly 20mil per season?"

You want a definition of an estimate? What do you think it means?



Since: Feb 22, 2010
Posted on: December 1, 2010 6:20 pm
 

Report: Jeter wants six years, $150M

Define what comprises "roughly 20mil per season?"



Since: Nov 14, 2006
Posted on: November 30, 2010 1:01 pm
 

Report: Jeter wants six years, $150M

Damon had 24 hrs -- Gardner had 47 stolen bases and a higher OBP.  Damon was so highly thought of by the Yankee organization that they let him go and sign with the Tigers.


Your avoiding the question kiddo...would Jeter get better pitches to hit with damon behind him rather than Gardner? Answer please

Funny how your now trying to include the 47 steals as having any relevancy in this conversation...What does Damon leaving having anything to do with how he hit AS a Yankee?

You just keep making yourself look worse and worse....still waiting for that answer.

As I stated though -- Jeter isn't going anywhere because ANY TEAM besides the Yankees would laugh his agent off the phone if he asked for 20+ million a year.  THAT is why Cashman told him to test the market, because there is no market for Jeter.



There is a big market in the place that matters most to Jeter and thats NY...He is worth more than 20 million a season to the Yankees and thats why they will pay him roughly 20mil per season.



Since: May 29, 2009
Posted on: November 29, 2010 6:42 pm
 

Report: Jeter wants six years, $150M

Damon had 24 hrs -- Gardner had 47 stolen bases and a higher OBP.  Damon was so highly thought of by the Yankee organization that they let him go and sign with the Tigers.

As far as the Link to where the Cashman said that -- just type Derek Jeter in the search box up top.  It's like the 5 story down.  I don't feel like looking it up again.

As I stated though -- Jeter isn't going anywhere because ANY TEAM besides the Yankees would laugh his agent off the phone if he asked for 20+ million a year.  THAT is why Cashman told him to test the market, because there is no market for Jeter.




Since: Nov 14, 2006
Posted on: November 29, 2010 6:06 pm
 

Report: Jeter wants six years, $150M

Oh yeah and if you don't mind please attach the link to the quote on cashman..I would really like to read the article



Since: Nov 14, 2006
Posted on: November 29, 2010 5:54 pm
 

Report: Jeter wants six years, $150M

We've encouraged him to test the market and see if there's something he would prefer other than this," general manager Brian Cashman told ESPNNewYork.com, without confirming the figure. "If he can, fine. That's the way it works."

You wanted me to post a link -- I posted the EXACT quote from your GM. 


Perfect at least you addressed one of my many questions....I mean he was encouraged, which is a little different then he was told to go test the market.


As far as your Johnny Damon/Brett Garnder reason why Jeter's average dropped -- Here are the stats:
2010 Gardner hit .278 with a .385 OBP
2009 Damon hit. 282 with a .365 OBP

So can you tell me again having Damon over Gardner raised Jeter's batting average????

I cannot stress enough how stupid you are. You left out the 24 HRs and 82 RBI that Damon had compared with Gardners 5 HR and 47 RBI...

Would Jeter see better pitches with Damon behind him rather than Gardner?


I'll leave at those two comments right now -- so we don't end up with a mile long post again.  If there is anything else you'd like me to respond to, let me know.

Sure all of my comments...you obviously failed with the Damon vs Gardner comment and yes you found a link that shows where the GM encouraged Jeter to test the market.....which he has not.......which I did not question your being right or wrong about.


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