Hank speaketh and Derek benefiteth


Since Hank Steinbrenner outbid himself for the services of Alex Rodriguez, the Yanks’ General Partner has been generally silent. He hasn’t tried to erupt at the media, and his brother Hal has emerged as the public face of the franchise. Still, now and then, Hank speaks, and we cringe a bit. Yesterday, that’s exactly what happened.

In an interview with AP on Thursday, Hank spoke generally about the Yankees. He thinks the Yanks are going to repeat; he likes the additions of Nick Johnson and Javier Vazquez; yadda, yadda, yadda. They are the typical comments of a General Partner on the eve of Spring Training.

One thing that Hank said bears a little bit of scrutiny, though. When asked about Derek Jeter‘s impossible-to-ignore pending free agency, Hank had a few words to share. “We’ll get into all of that eventually,” Steinbrenner told AP. “Jeter’s place in Yankee history is obvious, so I think you can pretty much assume from there.”

Ah, yes, let’s make some assumptions based upon what Derek Jeter has done over the course of his career. We knew this was coming, and Jeter probably deserves the payday that awaits him. However, it’s tough for the Yankees on a budget to justify this future expenditure to such an extreme degree.

Once or twice this winter, we’ve looked at Derek Jeter’s career and his contract status. We saw him win a fifth World Series ring, and we heard false rumors of an impending three-year extension. We know that Derek Jeter is a shortstop with a career OPS+ of 121 and a batting line of .317/.388/.459 who sits on the edge of 3000 hits. He will get paid.

When Johnny Damon and the Yankees seemingly finalized their divorce, Damon spoke about how he hopes the Yanks don’t treat Jeter the same way they treated him. Of course, that was a bit of hyperbole on Damon’s behalf because the Yanks were never attached to Damon the same way they are connected to Jeter. They won’t throw out Jeter with the bathwater as they did Damon. He will get his due.

The bigger question right now isn’t an “if”; it’s a “should.” The Yankees have millions of dollars committed to Alex Rodriguez, CC Sabathia, and Mark Teixeira. The latter two make up a core of players at the right age playing out their peak years with the Yankees, and A-Rod, while older than we’d like, is still a great player. Now they have to figure out how to approach the old guard as Jeter and Mariano Rivera will be without contracts in 10 months, with Jorge Posada following a year later.

We know that the Yankees will reward these players. We know the team will spend what it takes to keep them around. We know the trio will see the dollars flow their way when the time comes. But the Yankees, as with any other business, operate with a business and with a goal in mind. Does signing Derek Jeter to an above-market deal make sense in that regard? Probably not. Yet, he will get paid. After all, Hank said so.

Categories : Musings


  1. nda says:

    Mariano also needs a new contract.

  2. Scott Boras: If you’re worried about security for your million, the Tattaglias will guarantee it.
    Hank Steinbrenner: Whoa, now, you’re telling me that the Tattaglias guarantee our investment without–
    George Steinbrenner: Wait a minute.
    [the Don gives his son a cold stare, freezing Hank into silence. The others fidget with embarrassment at this outbreak, but Boras looks slyly satisfied... ]
    George Steinbrenner: [dismissive] I have a sentimental weakness for my children and I spoil them, as you can see. They talk when they should listen. Anyway, Signor Boras, my no to you is final. I want to congratulate you on your new business and I’m sure you’ll do very well and good luck to you. Especially since your interests don’t conflict with mine. Thank you.
    [Boras leaves]
    George Steinbrenner: Henry, come here… What’s the matter with you? I think your brain is going soft with all that comedy you are playing with that young girl. Never tell anyone outside the Family what you are thinking again. Go on.

  3. Rose says:

    They have to figure out how to approach the old guard though as Jeter will be without a contract in 10 months, and Mariano Rivera and Jorge Posada will follow a year later.

    According to MLBTR, Mariano Rivera is a free agent after this season with Derek Jeter.


  4. TopChuckie says:

    Am I being naive to hope Jeter will also have an appreciation for his place on the Yankees, realize he is approaching his declining years, keep in mind all the endorsement money he has made along with a very fair salary from the Yanks, and negotiate realistically with the Yanks to arrive a a mutually beneficial contract? In other words, not try to bend them over knowing they have to resign him? I don’t want to be a homer, but I have to think more than most, Jeter is the kind of guy who will do the right thing. Does three more years at the same $18M-$20M per, and then year to year after that seem fair, sort of like Wakefield but for obviously bigger dollars?

    • Am I being naive to hope Jeter will also have an appreciation for his place on the Yankees, realize he is approaching his declining years, keep in mind all the endorsement money he has made along with a very fair salary from the Yanks, and negotiate realistically with the Yanks to arrive a a mutually beneficial contract?


      • mike c says:

        jeter’s got too much class and dough already to let him become an overpriced waste on the field. he’d rather be like jordan and retire while he’s still good than become the yankees version of varitek. give him 4/80 with an option for a 5th if you want to make him an offer

      • I wouldn’t be so certain of that. I think he’ll try for the most money, too, but the idea of a superstar negotiating a reasonable or even under-market contract to help the team isn’t without precedent, and it’s certainly not naive to think there’s a chance Jeter could act in that manner. It’s naive to think he definitely will, but I could see Jeter doing that, I don’t think it’s really that crazy an idea.

        • Not the Rays says:

          It’s the yankees though. He knows this. If he makes a sacrifice to helpp the team compete it will be in the form of interest free deferrals, not rates/years.

          As far as Jeter being a class act, my expectation is that he will get as much money and as many years as he can, probably ask for 5 or 6, but if he declines to the point he’s not meeting his own performance standards, would walk away from the remainder of the deal, like McGwire’s last extensions.

          Just my guess.

  5. Just wanted to respond to this:

    Ah, yes, let’s make some assumptions based upon what Derek Jeter has done over the course of his career

    I’m no fan of paying for yesterday’s performance, but one could make the case that low-balling Jeter, given his special place in team histroy, would be extraordinarily bad PR. What, the Yankees can open the wallet for AJ Burnett and Carl Pavano, but they can’t pay Jeter “enough” to ensure that he’s a Yankee for life?

    Not saying that we should give him 120/6 or anything, but I do think there’s a PR element here that the Yankees should, and will, consider.


    Scott Boras: If you’re going to offer a contract that’s a single penny lower than what Johnny made last year, don’t bother.
    Brian Cashman: F&%$ off, Scott. Blow me.

    … aaaaaaaaaaaaaaaaaaand, SCENE!


    (grabs crystal ball, gazes into future)



    Casey Close and Fernando Cuza (in unison): Our clients want to be paid what they were paid last year, minimum. We’re not at all amenable to a salary cut.
    Brian Cashman: I wouldn’t dream of it, fellas. I’d never lower their salaries; it would be an insult. Your clients are part of the permanent Yankee family. George loves them like his own sons. Let’s hammer out 3 year extensions for both of these fine gentlemen at their 2010 salary levels.
    Close and Cuza: Agreed. Pleasure doing business with you, Mr. Cashman.
    Cashman: Please, call me Brian. Now that that’s settled, who’s up for some pussytubing?
    Close and Cuza: ME! ME!

    … aaaaaaaaaaaaaaaaaaaand, SCENE!

  7. Will says:

    Hopefully the Yankees are smart enough to realize that saving a few million dollars is not worth the bad PR of a contract struggle with Jeter. As a diehard fan, I have no problem with any of the core being paid above what their future value might suggest. Jeter and Mariano deserve one inflated contract during their decline phase.

    • JGS says:

      perhaps not, but Jeter would look just as bad in that. He needs the Yankees as much as the Yankees need him

      • He needs would like to stay with the Yankees as much as the Yankees need would like to keep him.


      • Will says:

        I don’t think Jeter would look as bad because I think everyone assumes the Yankees are made of money, and besides, he has a nice smile (only half joking). Jeter is so popular, that the organization will definitely be cast as the bad guy. Besides, I like to think that the Yankees take care of their own…it’s one of the luxuries of being a Yankee fan (not having to choose between rewarding the past and protecting the future).

        • JGS says:

          the Yankees would look bad, but Derek Jeter wouldn’t be the quasi-mythical demigod Derek Jeter (to the media anyway) anymore if he was on another team, and he knows it

          there is very little doubt in my mind that they will work something out

          • Will says:

            There’s no doubt in my mind either…my only point was to suggest that we has fans shouldn’t get caught up in trying to determine if the Yankees are getting a good deal.

  8. BTW, huge thanks to Hank for reducing our leverage for no good reason. Love that.

    • Meh, I don’t think anyone’s leverage is really at all reduced by anything anyone can say on either side at this point.

      The entire baseball-watching planet knows the situation. From both angles. There’s no new revelations here.

    • A.D. says:

      Eh, he didn’t say anything that wasn’t obvious. Just like Damon saying he likes New York and wanted to stay probably made no difference in his current contract situation.

    • Ed says:

      Nah, he’s not reducing leverage. Jeter and the Yankees know equally well that “Derek Jeter the Yankee” is worth a huge amount of money in marketing value. As are things like “Derek Jeter, the only player with 3,000 hits as a Yankee”. There’s far, far more to Jeter’s value than just a stat line, and it’s silly to pretend otherwise.

      That comment is probably intended to try to cut down the questions from reporters on Jeter’s contract situation.

      • Not the Rays says:

        I agree except for that last bit. It implies Hank thinks before he speaks, and speaks deliberately, as a means to a strategic end.

        I think he said what he said because there was a microphone in his face, and it made him feel the big man, just like daddy.

    • Bo says:

      how is it ‘your leverage’?

      isnt hank the one that pays him?

      seems to me hes in the ‘this deal will get done’ range. so dont worry about it

  9. A.D. says:

    My question is, if not the Yankees, who is going to shell out the big bucks for Derek Jeter?

  10. Chris says:

    When Johnny Damon and the Yankees seemingly finalized their divorce, Damon spoke about how he hopes the Yanks don’t treat Jeter the same way they treated him.

    The thing that Damon misses here is that Jeter is better than Damon. Since 2006, when Damon joined the Yankees:

    JD: .285 .363 .458 .821 114OPS+ in 576 gmaes
    DJ: .325 .394 .453 .847 122OPS+ in 613 games

    And this doesn’t even take into account that Jeter plays a premium defensive position and Damon is a corner outfielder.

  11. Rose says:

    The question is…are other teams really going to even try for Derek Jeter? Or are they going to hope/wait for a blowout of sorts and then kick the tires thereafter?

    • Mac says:

      Teams will inquire but I highly doubt many will throw offers his way unless they are asking for them.

      Keeping good PR will be the up most important factor for the Yanks. So getting a contract ironed out as quickly as possible will be ideal.

      Sure Jeter is going to be 36 next year. Sure he may not be able to play shortstop another 5 years. But a guy like himself generates so much money for this team just by being on the team.

      I would be fine with a 5 year 100 million dollar contract. Mainly because it is not my money.

  12. throwstrikes says:

    Jeter could win the PR war of all PR wars with this contract.

    A-Rod’s contract put Jeter up $80M in 2001 because he was getting 10/$109M until A-Rod got 10/$252M. Despite having one of the biggest MLB contracts ever he’s never been seen in the greedy athlete category.

    The PR value of Jeter taking a little less and playing the “It’s not about the money, it’s about loving the NY Yankees and the game” card will make up the money in endorsements and legacy.

  13. bob says:

    They will do what they can to keep Mariano and Jeter happy, but Posada will be a different case. Miranda and Romine are waiting and Cervelli could continue to be a pleasant surprise. When Posada’s contract is up he may be a DH, first base backup, and his salary will need to be adjusted, which will be tough for him to swallow.

    • pete says:

      By the end of 2011, Jorge will not want to be a MLB catcher anymore, and may not even want to go through a full season of DHing (which he’ll probably end up doing for most of 2011 anyway). That was the unheralded genius of overspending on Jorge, year-wise. Posada’s a stubborn enough guy that if his contract had expired at the end of ’09 or 2010, he’d probably ask for a 3-year deal. By the end of 2011, though, when the man is 40 years old, I just don’t see it. Especially if he struggles a lot during 2011, which is a huge possibility.

      • And you know what?

        In the winter of 2011-2012, Jorge will be exactly like Johnny Damon this winter.

        If he’s amenable to a short term market value contract, he comes back. If not, he leaves. The writing is on the wall, Jorge. Read it.

        • bexarama says:

          I’m pretty sure Posada’s going to retire after his contract is up.

        • Ed says:

          I think Jorge realizes it. He’s already made comments this offseason about how he can’t catch as many games as he used to.

          And I think he knew what he was doing on the free agent market last time. He played his cards right and made the Yankees believe he was willing to go to the Mets unless they upped their offer. He seemed to realize the leverage he had then and used it well, so presumably he’d realize when he doesn’t have it.

    • Mac says:

      I just don’t see Posada signing a contract with the Yanks for the 2012 season. By then he won’t be able to effectively catch and we will have to many other people that may need to fill up the DH spot (Montero? A-Rod, Jeter)

      I would feel a whole lot better about letting Montero/Romine develop in the minors for another few years if Cervelli shows us an average bat this year with more PA’s.

  14. pete says:

    I think Cash just has to be frank with Jeter – tell him that while he remains a productive player – a passable or better defender and a good hitter, he’ll get paid above market in terms of AAV, and by a good bit, because his image does bring in a great deal of revenue regardless of his contribution to winning, but the team simply cannot afford to carry a 39/40 year old SS. Give him a lightly frontloaded and generous guaranteed contract through his age 38 season, with a club option for the year after that. Tell him that if he continues to perform after that, they will continue to sign him to one-year deals, but as there really never has been a productive shortstop that old before, the team just can’t take that risk, no matter how great jeter still is, and that Jetes being forced off SS, unless he wants to, would be a bad situation for all involved. Hopefully Jeter will want to go out the Mussina way – on a good year, not a bad one. I think Jeter will begin to feel his age during the 2011 season, so maybe he’ll say going into 2012 “this is my last year, i’m going to give it my all, rip shit up, and go out with a bang”. Of course, that could change a lot if Jeter really wants a shot at 4000 hits (which he probably won’t ever get).

  15. gfd says:

    Jeter will be the first YANKEE to bat 3000 hits, oh yea they’ll make him happy. Mariano’s arm will fall off before the Yankees let him go. Mo was the ONLY closer last season, in the postseason that didn’t blow a save or cost the Yankees a game. He was used for multiple innings way beyond his norm, and yet was true to form. He’s simply great!!

    Expect the BBWAA to name an award for closers after him, when he retires, the Mariano Rivera (dominance) excellence in closing.

    • bexarama says:

      I agree that we’ve got to bring back Mo, but while it was awesome that he was the only closer to “make it” through the playoffs, using a 19-game MAXIMUM to prove that just doesn’t hold water. I mean, Joe Nathan blew a save pretty spectacularly in the postseason and was fairly awful in that one other appearance he made in the ALDS. I’d still consider him the best relief pitcher in the game today, after Mo.

      And I fully expect a whole bunch of relief pitching awards to get renamed the “Mariano Rivera Award” the minute he retires. Which is NEVER HAPPENING NOOOO I WON’T HEAR IT (covers ears, stomps feet, sings to self)

  16. Stuckey says:

    I’ll try to make this succinct.

    Something Ben SORT of touched and important to note BEFORE fans get all caught up in the debate of how much Jeter is REALLY worth and how much it will affect the Yankee budget…

    Jeter and Rivera’s contracts may be somewhat budget neutral, meaning:

    From a purely business standpoint, the Yankees may view what they’d need to pay both “above market” (considering their age) as paying for itself – meaning the “extra” amount wouldn’t necessarily impact or be deducted from the general roster budget pool.

    In other words, the Yankees may allocate ADDITIONAL budgetary funds to keep these players, keep them happy and keep the PR positive, without borrowing from another area.

    If a fan think Jeter will be worth $10m in 2011 dollars but the Yankees give him $20m, it’d be easy to assume (and will) Jeter is “taking away” $10m where it could be spent otherwise on players in their prime.

    But that isn’t necessarily the case.

    • Ed says:

      I think you’ve got the right idea, but you’re getting at it wrong.

      A baseball player is worth $X on the field and $Y in marketing. For most players, $Y isn’t very significant (at least not relative to $X). In Jeter’s case, $Y is probably an 8 digit number, or at the very least a high 7 digit one.

      The result is that having Jeter on the team allows the payroll to be higher. It’s quite likely that if you were to replace Jeter with another shortstop, the team wouldn’t actually gain any flexibility in the payroll.

  17. Why do people act like a PR will decimate the Yankees? If Jeter doesn’t like the Yankees offer and the two parties cannot come to an agreement. It wouldnt be the worst thing in the world for the Yankees to let Jeter sign somewhere else if he so chooses. If they continue to win fans will not care.

    Jeter already received a contract for his “past services” in the 10 year contract. He will continue to get paid paid well if he still performs, but if his contract demands are more than the Yankees would like to pay, well then you cannot blame the Yankees if they choose to move on.

    • CountryClub says:

      Jeter has outperformed his current deal.

      • $145.6- Hes been worth that since 2002
        $176.4- How much hes been paid since 2002

        He signed a contract in 2001 worth for 10Y $189mm
        Lets say he was worth 5 WAR in 2001 his worth is about ~15mm

        So since 2001 hes been worth ~$160.5
        He still needs to to make up roughly $28.5mm for him to be “worth it”.

        • CountryClub says:

          That’s interesting. I’ve seen other people do the same type of breakdown and determine that he’s outperformed his deal. Thanks for the clarification.

        • McGatman says:

          Uh, dude that 176.4 salary number you read off Fangraphs is wrong (add up the salaries since 2002 – they come to about $154M). Since 2001 Jeter’s made about 166M. The difference between what he’s earned and what he’s “worth”, going off your $161M figure, is about $5M, a rounding error on a contract that size for ANY player. Anyway what’s the point of this exercise? Jeter is the FACE of the Yankee franchise at this point, like a Brett or Ripken. When he retires, and goes into the Hall, every time he appears on TV (and there will be plenty) will be like an ad for the Yankees.
          What difference does it make if he’s overpaid by 10M or so on his next deal?

    • Bo says:

      Again. why would they just drop one of their all time greats?

      Its business. and having jeter back every single yr and a part of the team for life means something.

      you really think a team that prides itself on tradition will F that up over a few mill???

      these arent the mets

  18. Jeter has a ton of leverage on his side unfortunately for the Yankees.

    No worthwhile prospect in the Yankee farm
    No great SS that will be a FA anytime soon.
    Hes the face of the franchise
    Hes still performing at an elite level

  19. TLVP says:

    People here don’t realize that however beloved Derek and Mo are, most fans will forgive the Yankees for not going ballistic. If the Yankees offered 2 years and $20m how would that be so disrespectful of a 36 year old SS? It’ll probbaly be 3 years at $20m which is too much for years 2 and 3 but fair for year 1 which is the 3000 hits year. His marketability makes that an ok contract

    What does Derek it i 2 and 3 years at $20m? Hold out, retire and say it’s an insult? Sign elsewhere? Derek Jeter’s entire image depends on him being a Yankee. If he’s a Dodger (just an example) he’s no longer as special or marketable

    As long as he gets $20m/year he’ll have to accept it or he’ll look really stupid.

    Both sides nees to get this done, but Derek Jeter needs it more than the Yankees.

    • TLVP says:

      i obviously meant $20/y in the first paragraph as well

    • Ed says:

      If the Yankees offered 2 years and $20m how would that be so disrespectful of a 36 year old SS?

      Being 36 matters a lot less than people here are making it out to. I’ll gladly take a 36 year old shortstop when he’s more productive than the majority of shortstops in the game are.

      Most mid-30′s shortstops aren’t that good, but the vast majority of shortstops don’t have a career year as good as Jeter’s 2009 season.

      If he’s a Dodger (just an example) he’s no longer as special or marketable

      No, but to take your example, the marketability of a Jeter & Torre reunion is still quite high. Also, Jeter’s 3,000th hit is worth a lot, regardless of the uniform. More as a Yankee, but still a lot elsewhere. The Rays were willing to pay for hit 3,000 from Boggs as an example.

      Both sides nees to get this done, but Derek Jeter needs it more than the Yankees.

      They need it equally. The team profits just as much from Jeter’s image as he does. The Yankees have made it clear that A-Rod breaking the all time home run record in a Yankee uniform is worth a lot of money. I’m sure they also realize the value of Jeter collecting 3,000 hits as a Yankee, and his moving past the all time greats on the Yankees career leaders lists.

      There’s also the issue that a large portion of female Yankee fans aren’t really Yankee fans, but Jeter fans. That’s a huge market they’d lose if Jeter left.

    • Bo says:

      In what world does it make business sense for the Yankees to antagonize two of their all time greats??

      Over what? A few million??

      They wont pinch pennies here.

  20. Rose says:

    Here’s a question…

    With the significant decrease in a player playing his entire career for one team over the years…how much do you think it matters to some of them these days?

    If you have already made millions of dollars over your career…you’re much older and are a borderline Hall of Famer with one team only throughout your long career…do you take a few less dollars to keep your legacy alive with them? Or would you give up your unique place in history to get a few more bucks regardless of your decline?

    We saw a similar story to this with John Smoltz just last year.

    • Snakes on the mother effin plane says:

      There’s nothing borderline about John Smoltz and the HoF. He’s a first ballot lock, as is Jeter, as is Mo. In fact Mo may be the first unanimous 1st ballot vote. Can you imagine how pilloried the one or two asshole writers from San Diego or wherever would be? Jeez.

      As for the value a franchise sees…methinks it’s more like “nice” than a dollar figure, BUT I believe the PR issue is real.

      From a player’s standpoint, I think a $ value can easily be assigned. Endorsements for NY players >> endorsements for other-market players, all else being equal. My guess is Jete’s endorsement agents can put a rough $ estimate for him on what kind of hit he’d take signing with, say, the Dodgers.

      Then the Q becomes: does he care? Decreasing marginal utility of a dollar. The dude is uber loaded already. Maybe he really is “that guy” who cares about winning above all else, so long as he is treated reasonably (however he defines that).

      • Rose says:

        There’s nothing borderline about John Smoltz and the HoF.

        Obviously, I was mostly talking about Jorge Posada or another player like him.

        • Snakes on the mother effin plane says:

          Gotcha. The way your comment flowed it sounded like you were connecting the dots. Guess I was the one connecting the dots :)

      • TLVP says:

        You’re very wrong – many voters will leave him off for being a closer. If Rickey Henderson wasn’t unanimous there is no way Mo would be.

        Greg Maddux is my guess of the best chance of being a unanimous choice – smart pitcher, popular guy, no steroid taint, great stats.

        There is no one ese who has a shot in my mind

        Randy was probably too much of a jerk and got such a late start that he’ll probably miss out on some votes.

        Pedro didn’t win enough

        Clemens, Bonds, A-Rod, etc will never be unanimous because of steriods

        Junior had too long and too bad a declien

        Frank Thomas DH’d too much

        Jeter was obviously too overrated (unless he beats Pete Rose’s record, then he might be unanimous)

        • Rose says:

          I agree that Greg Maddux might be…but he never was a superstar. He had superstar numbers and statistically he was one of the ultimate superstars…but his personality and demeanor kept him from being bigger than the game.

          I believe that just because of this point…he may lose a vote or two.

        • Snakes on the mother effin plane says:

          No one will leave him off for being a closer. One or two boneheads might leave him off for being a bonehead.

          No WAY is Maddux unanimous. Not even close (and by close I mean < 10 guys leaving him off the ballot).

          • Snakes on the mother effin plane says:

            Hopefully obvious but I mean “them” – the writers – being boneheads. Not Mo!

          • bexarama says:

            I don’t think he’ll be unanimous, but very popular, unquestionably dominant pitchers tend to get the most votes. There isn’t really a mark on Maddux’s record other than that he never pitched in the AL and it’d be silly to assume he’d be, like, a BAD pitcher there.

            Out of the guys who will or definitely should make it to the HoF but who aren’t eligible yet (Randy, Pedro, Bonds, Pujols unless something crazy happens in the next couple of years, Jeter, Mo, A-Rod, Griffey, Ichiro, Chipper, Clemens, Smoltz, Ivan Rodriguez, Manny, Vladdy, Schilling, Moose, Glavine, Casey Kelly ;) …….), I can easily see him getting the most votes and getting close to Seaver’s percentage total.

        • yankXfan says:

          If Rickey Henderson wasn’t unanimous

          Many of you young whippersnappers have no idea what a pain in the ass Rickey was when playing. There’s a good reason he wound up playing for ten teams. I was actually surprised he received so many votes because I thought for sure that some would just not vote for him. The dude had a real bad ‘tude.

          In that same light, some of you have no idea how average Blyleven was. I did a double-take when the argument of his HOF credentials first started to circulate and I saw the numbers he compiled. Numbers: Wow; Blyleven: meh.

  21. Rob S. says:

    I don’t think Hank said anything wrong here. Derek Jeter is the face of the franchise. He is the team captain. He is almost universally beloved by Yankee fans. He is a first ballot hall of famer and will be the first Yankee with 3000 hits. You cannot overpay Derek Jeter, it’s just not possible.

  22. Rob S. says:

    BTW let’s not get hung up on this yankees budget thing. just because they’re not willing to overpay Johnny Damon doesn’t mean the Yanks are getting cheap on us. They are just holding the line because of how much they spent last year and how much they’re likely to spend next year.

  23. Riddering says:

    Eh, Hank’s comments aren’t surprising or hurtful to the Yankee organization’s position when Jeter’s current contract expires. It’s not like he said he wanted to make Jeter the highest paid player in the league. He just said what is so obvious that even John Sterling could predict it.

  24. mryankee says:

    I wonder what Jeter would get on the open market. Clearly he would probably at best get two maybe three years and no more than 10 mill per. The way the market seems at this point for players n their mid to late thirties. I would think three years at 12 would be fair.

    • Derek Jeter and Mariano Rivera are both significant statistical outliers. This makes them luxury items.

      They won’t at all be priced similarly to other “players in their mid to late thirties”.

      3 years at 12M per is a pipedream.

    • Slugger27 says:

      no more than 10 mil???

      the lowest WAR hes had in his career is 3.4, and that was largely due to a wrist injury… not to mention hes gonna get hit 3,000

      i know youre a troll and you just like stirring things, but at least make SOME sense in your arguments like alex gonzalez tried to

      • mryankee says:

        So there are a lot of 36 year olds getting 10 mill or more per year contracts. So your one of the “pay Dj whatever he wants crowd? and I am a troll. If you think someone is insulted about a three year 12 million contract maybe your the problem as opposed to me.

        • Slugger27 says:

          So there are a lot of 36 year olds getting 10 mill or more per year contracts

          derek jeter isnt like “a lot of 36 year olds” … hes a 5 win player annually at a premium position that will be getting his 3,000th hit

          So your one of the “pay Dj whatever he wants crowd? and I am a troll.

          yes to the first one, and a fairly certain yes to the second one

          If you think someone is insulted about a three year 12 million contract maybe your the problem as opposed to me.

          derek jeter will be insulted at a 12M salary offer… if u disagree, us continuing this argument is a waste of time and u wont get responded to, as youre not subtle enough of a troll to be long-term entertainment

  25. Rose says:

    I’m not at all concerned with what Derek Jeter gets in the off season…

    I am, however, slightly concerned interested in what Mariano Rivera is going to receive for a contract.

  26. ray-ray says:

    I dont remember the exact details,but i believe george brett had a similar situation at the tail end of his career and,if i’m correct,he signed some kind of personal services contract combined with his salary as a player.This seems like a good way to pay a reasonable amount,say 4yrs at 15mil per with mutual options if he can continue to perform at a high level and reward him with a lifetime personal service contract,pre-negotiated that will kick in at his retirement,and make this the last time that both parties have to deal with this type of sensitive sitiuation!

    • Snakes on the mother effin plane says:

      Yeah maybe they could sell 3-4/15 + 20/2 for a personal services contract. So that’s 85 – 100 all in.

  27. Kiko Jones says:

    It may not be a popular position but I liked it when Hank was in charge. Yeah, he goofed on the A-Rod deal, but he does remind me of The Boss, as opposed to Hal who is the living embodiment of the son-of-the-owner stereotype: stiff, not too well versed on the subject at hand, and over his head. At least that’s how he comes across.

    As for Jeter’s future in pinstripes, the Yankees will surely overpay for him. No question. And then, the excuse of having a budget to contend with will be clearly revealed as the nonsense it is.

  28. currambayankees says:

    Love Jeter, Mo and Posada but I hope the Yankees remember the old adage “It’s better to let them go a year too early then a year too late.” I think every single Yankees fan loves these guys and would love to have them around forever but it’s not possible and these 3 are getting to the point in their career where their skills will start to diminish. Jeter got his pay day his last contract lest we forget he got 189mil contract.

  29. TopChuckie says:

    The question IS NOT will Jeter be back, that is about as given as anything in sports. The question is will it be one in which both sides are realistic about what he is actually worth, or will he be one to try to take advantage of the fact the Yankees MUST resign him, so he can seek the moon. This is where I may be naive, but I think Jeter could be reasonable, “just continue to pay me at least what I’m making and I’m good.” He doesn’t seem like the kind of guy who has to be the highest paid player, he know he’s the most beloved and appreciated Yankee, I just don’t think he needs dollars to prove it when he knows it’s not really for the good of the team to take advantage of the situation.

  30. Bo says:

    The contract isnt the issue with Jeter.

    It’s where he plays that is the issue.

  31. Hughesus Christo says:

    None of your “rules” or “reason” apply to Jeter.

    They probably already have a handshake deal with him (if not more).

  32. [...] the issue becomes one of years and money. Because Hank opened his mouth last week, Derek has the upper hand in negotiations, and the Yankees won’t and should not let him walk. But come 2014 and 2015, the Yankees will [...]

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