Guessing on the years and dollars for Jeter

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Yankee history, personified. Credit: AP Photo/Kathy Willens

Derek Jeter and his legion of once-loyal fans are undergoing a rocky time in their relationship. After watching him hit .270/.340/.370 while playing creaky short stop defense in the final season of his ten-year mega-deal, Yankee fans haven’t figured out how to embrace the aging Derek Jeter. Many refuse to criticize a player who has gone all out for so many years and is an emblem of the Yanks’ 15 seasons of success. Others worry about the years and the money the Yankees will hand to him this season.

And hand it to him they will. Earlier this week, in discussing his off-season plans, Brian Cashman called Derek Jeter a “legacy” player. He won’t get paid as exorbitantly as, say, Cliff Lee will be, but he’ll earn his money. Plus, even as the Yankees remain rightly wary of Jeter’s decline, the Yankees need their Captain. They have no internal option at short, and the free agent market at short stop remains perennially weak. Cesar Izturis is not the answer.

Yet, questions about Jeter’s contract abound. Will the Yanks try to limit the years and promise him more money? Will they commit to a long-term investment and try to reduce the salary? And what of his ability to leadoff or play short stop? While that third question won’t factor heavily into the negotiations, it will determine Jeter’s role with and importance to the club over the next few seasons.

We don’t know yet what the Yanks’ initial offer to Jeter will be, and we don’t know what Jeter’s initial ask is. That doesn’t stop executives and agents from guessing. Today, Sweeney Murti of WFAN did just that, and he took his question to those very same execs and agents who enjoy the guessing game. He asked 26 folks — 13 agents, 13 executives, none involved with the Yanks or Jeter — for their takes on the Derek contract situation, and the results show a wide range of potential deals. The results? An average of three years at $17 million.

Murti offered up this analysis:

Of the 26 guesses, I tossed out the highest and the lowest. The highest was a $150 million dollar lifetime package, and the lowest was 2 years at $10 million per year. Both those guesses came from team executives. Of the remaining 24 figures, the average terms were 2.9 years at $17.1 million per year. The 13 agents averaged out at 3 yrs, $17.6 million, while 11 executives averaged out at 2.7 years, $16.5 million. Many of these people added possibilities for deferred income, a personal services deal after his playing days, and a 3000-hit marketing/bonus clause.

The year Jeter is coming off in 2010 is the main reason why this exercise is so intriguing. Of the 24 guesses used in the figures above, the AAV (average annual value) ranged as low as $10 million and as high as $23 million. If I polled the same people about Cliff Lee, I doubt I would get as big a disparity in the AAV. And while the agents’ AAV averaged slightly higher than the executives’ guesses, the $23 million guess came from a team exec, acknowledging the deep connection and the deep pockets that play into this equation.

Meanwhile, notes Murti, team executives aren’t the only ones hoping into the Jeter fray. Recently, the members of a sports management class at Manhattanville College proposed a median deal of four years with an $18 million annual salary.

What’s comforting about these proposed deals is how they can placate both sides of the Jeter divide. The salary range — $17-$18 million — is probably more than a team that isn’t the Yankees would pay him, but considering the Yanks’ deep pockets and Jeter’s place in team history, it’s a perfectly reasonable salary for the 36-year-old. The years concern me, but the years have always concerned me. I don’t expect the Yanks to sign Jeter to an optimal two-year deal, and if they go only to three, I can live with it.

In a sense, the handwringing over Jeter has been a true much ado about nothing. He probably won’t be as good as his career triple-slash line — .314/.385/.452 — but odds are good he won’t be as bad offensively as he was in 2010. For three or four years, for $17 or $18 million, for a crack at 3000 hits and another ring, it will work out just fine.

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Yankees decline options for Wood, Berkman, and Johnson
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  • Big Stein

    3/60

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      That.

    • CountryClub

      I agree.

    • pat

      Ugh.

    • http://heartlandpinstripes.wordpress.com Jason from The Heartland

      While I’d strongly prefer 2 years/$40 million, I think 3/$60 million is probably what will eventually be agreed upon.

  • mike c

    10/250

    • BigDavey88

      Yes.

      • mike c

        i’ll throw in a 2% ownership of the team too

        • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

          You wish.

  • Jimmy McNulty

    3/50.

  • ADam

    4/72

    • OldYanksFan

      You chipping in?

  • http://twitter.com/stephen_mr Stephen R.

    100 Bomber Bucks and an All You Can Eat card for NYY Steak.

    • http://www.twitter.com/tomzig Tom Zig

      I’ll be happy to chip in.

  • Big Stein

    Wow, Yogi is 85 and Whitey is 82.

    Just think, 50 years from now, in 2060, 86 year old Derek Jeter and 85 year ARod will be throwing out the first pitch on opening day.

    • MikeD

      ?? I’m confused. Won’t A-Rod still be playing 3B in the last year of his Hank Steinbrenner deal?

    • Murakami

      As I understand it, there won’t be a planet by then :D

  • larryf

    Yogi with more hair than DJ. Get rid of the old guy!

    3/45

    • phily

      this is what i would do, maybe if he bitches some incentives for 3000, 3500 hits.

  • AMSkollar

    4/60 with milestone incentives: 5 million for 3,000 hits; 1 million for each 100 hits after that.

    • Thomas

      I don’t think 3,100 hits, 3,200 hits, etc count as bankable milestones, since it isn’t likely to be put on national TV specifically to show that.

      • king of fruitless hypotheticals

        you write a contract, you can put anything legal in it you want.

        report to ST on time: $.67

        • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

          Not when that contract must agree with the CBA definitions of a Uniform Player Contract, you can’t.

  • http://theyankeeu.com Matt Imbrogno

    I think this sentiment is echoed by many here: it’s not (entirely) the money, it’s the years. I can live with an overpayment if it’s not long.

    • Doug

      most definitely.

      would give him $25M per if we could limit the deal to only 2 years.

    • http://www.twitter.com/deanezag Zack

      I can deal with overpaying, but I better not hear “budget” from Cashman if they miss on Lee.

  • Xstar7

    3 years 45 mil is the way to go.

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      Good luck with that shit.

      • Xstar7

        Jeter needs to except a pay cut or he’s out of luck

        • theyankeewarrior

          Haha says who?

        • http://twitter.com/dpatrickg Dirty Pena

          Out of luck with what?

        • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

          I agree.

          Jeter needs to except a pay cut. Well said.

          • nathan

            :-)

  • vin

    Any chance Jeter tries to go year to year like Pettitte?

    Didn’t think so.

    4/70

  • UWS

    Eff that.

    2/30 or enjoy Pittsburgh.

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      Would the Yankees be justified in cutting Jeter’s pay? Yes, they would.

      Would the Yankees win the public relations war if they did cut Jeter’s pay? No, they wouldn’t.

      The Yankees won’t cut Jeter’s pay.

      • UWS

        I really think that when it comes to dealing with aging superstars, Yankees could take a page out of the Red Sox book.

        • Doug

          let’s see what they do with ortiz before you pat them on the back

          • Thomas

            The difference is Ortiz posted a 137 RC+ and a 3.3 WAR compared to Jeter’s 97 and 2.5. Ortiz is a more effective player (at least following this season).

          • CP

            Jeter, Mo and Posada are all better (and longer tenured) than Ortiz. What future HOF player has spent his entire career as a Red Sox and debuted in the last 30 years?

            • Thomas

              Other than Pedroia . . .

              • Xstar7

                Don’t count your eggs before they hatch

                • Slugger27

                  i think he was being sarcastic

                • http://www.twitter.com/tomzig Tom Zig

                  I see nothing wrong with counting eggs before they hatch. How else would you know how many eggs you have.

                  • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

                    Yes, but then you wouldn’t know how many chickens to “accept”.

                    • http://www.twitter.com/tomzig Tom Zig

                      Who is ready for some lemonless lemonade?

              • http://twitter.com/biebrichbeats ClayBuchholzLovesLaptops

                Casey Kelly.

              • Big Stein

                isn’t he all ready enshrined in the HOF

        • CountryClub

          The Yankees have let players walk before. See Bernie, Abreu, Damon & Matsui.

          In recent years they’ve signed Andy, Mo and Posada. None of those deals have hurt them. Andy and Mo have been great. The Jorge deal has been meh…but not awful (yet).

          • CP

            The biggest problem with the Jorge deal is that he blew up his shoulder in the first game under the new contract.

        • http://www.secondavenuesagas.com Benjamin Kabak

          I’d agree with that if there were a viable replacement. Jeter’s the best option out there.

          • Thomas

            Uribe had a higher WAR last (though I don’t know if I’d predict him to be as good next year).

            Also you can argue if the Yankees use the money that would go to Jeter for another area of need, then it would be much better served to let Jeter walk, sign the major FA, and have Nunez/Pena/cheap FA play SS. This would be a choice if the Yankees can’t afford both Jeter and Lee or if they want both Lee and either Crawford/Werth.

            • http://www.secondavenuesagas.com Benjamin Kabak

              But Uribe has, to put it bluntly, sucked for his entire career and is also on the wrong side of 30. Considering the good will and revenue opportunities the Yanks would lose by jettisoning Jeter, I don’t think he’s much of an upgrade.

              • Thomas

                You are right Uribe hasn’t been very good, but he could be better next year and be the better buy. Not saying he will and I wouldn’t put any money on it, but it is certainly possible.

                Also, how much money does Jeter really bring the Yankees? I seriously would like to know this. He is certainly the biggest name player (along with A-Rod), but if he isn’t there, I would assume the Yankees will still draw the same crowd. I assume most fans won’t stop buying merchandise, because Jeter’s name/number isn’t on it, they just buy a different player’s merchandise.

                • http://twitter.com/dpatrickg Dirty Pena

                  Not saying he will and I wouldn’t put any money on it,

                  Neither would the Yankees.

                • RL

                  they just buy a different player’s merchandise

                  … but not merchandise with Uribe’s name & number …

        • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

          I really think that when it comes to dealing with aging superstars, Yankees could take a page out of the Red Sox book.

          I agree. The problem is, Derek Jeter isn’t an aging superstar, he’s an aging superDOOPERstar.

          He’s an exception to most every rule. The aging superstars that the Red Sox let walk don’t practically outsell all other baseball players combined in jersey sales.

      • mike c

        they’re also going to sell a lot of 3,000 hits memorabilia and jerseys too. not to mention the jeter retirement merch too, you’re talking big $$$ in off the field revenue. it’s a symbiotic relationship and i’m sure every dollar he gets over market value will be accounted for

        • king of fruitless hypotheticals

          how much of that money does he get, how much do the yankees get, and how much gets spread around mlb?

      • Poopy Pants

        What’s the downside of losing ‘the public relations war’? Does such a position exist?
        Are people seriously going to boycott Yankees games because a millionaire is deservedly making a few million less?

        • http://twitter.com/iiKeane JobaWockeeZ

          The general public already hates us, whats a few bridge jumpers to us?

      • Tim

        The Yankees shouldn’t give a rats pink patootie about the “public relations” war if they cut his pay. Is there a single person on this earth who will refuse to buy a ticket to a game next year because the Yankees cut Jeter’s pay, or because Jeter took less money to play elsewhere because the Yankees wouldn’t raise his already egregiously high salary? No, there isn’t. And if he is playing SS for the Pittsburgh Pirates next year because he turned down 2/$30, the Yankees will still be just fine, thank you. The stadium will still be full, the team will still be winning, and the machine will continue to roll. It will just be a little younger and more mobile.

        • CP

          There are people like that. Not everyone that goes to a game is a diehard Yankee fan that will go to a game no matter what.

          • http://twitter.com/dpatrickg Dirty Pena

            Yep, and as far as “the team will still be winning,” that’s true, except they’ll be winning slightly less with an inferior SS.

        • Tom Merritt

          Tim,

          I am with you. I would be fine with them paying him a bunch for some off the field role or a personal service contract but he has already been overpaid for what he delivered. He is fading fast and he isn’t going to have a better year next year. He is going to continue a slow and painful decline. Why do I say that? He will be an old 37. He has a lot of miles on him because he came up to the big leagues as such a young age. He should have enough pride in himself to not want to embarrass himself or the Yankees on the field.

          He has made a ton of money and he has a ton of endorsements which will bring in more money. I know he has a big ego but he needs a dose of reality.

          I’m sure PeeWee (Cashman) will fold, overpay him, and we will have to suffer through his diminishing skills at the plate and in the field.

          Wish I were the GM. I’m not so sure I would bring Girardi back if I could find someone else. I think he has peaked as a manager and I don’t like his habit of being controlled by stats.

          – Tom

          • Murakami

            I’m sure the Yankees and Derek don’t want to put you personally through the agony of watching Jeter decline and embarrass himself. Perhaps euthanasia is the answer.

            They shoot horses, don’t they?

          • steve (different one)

            I’m sure you would be an awesome gm!

  • CP

    I think the legacy comment from Cashman could be viewed in two ways. Here is an extended quote that Chad Jennings had on his blog:

    “The intent will be to keep things private and work through things privately and with respect to the players here,” he said. “These aren’t your run-of-the-mill guys you have typical conversations with. These guys are legacy players.”

    You could certainly read that as the Yankees are willing to pay more for Jeter and Rivera because they are legacy players – i.e. the legacy player comment was tied to the contract itself. The other way to read it is that they just want the contract talks quiet – i.e. the legacy player comment was tied to the method of the contract discussions, not the amount the Yankees are willing to spend.

    If you take the second reading, it could signify that the Yankees are going to be more aggressive in negotiations and don’t want any of their comments (like, “Jeter, you’re old ans washed up”) to leak out and tarnish the legacy of the players. It would also allow them to come out jointly afterward with a statement that Jeter/Mo voluntarily took less to help out the team, even if that’s not true. I don’t think this means they would play hardball, but it may mean that the more exorbitant estimates (like 5 years/$100M) aren’t likely.

    • MikeD

      Hmmm, it’s funny how certain words can mean different things to different people. I come from an industry, Internet/IT related, where the word “legacy” refers to something old that has some value, but is about to be replaced with something better.

  • larryf

    I love that pic. It’s as if Yogi is giving Jeets the gold watch and saying “C’mon over to our side now” And Girardi smiling thinking “Yes, now I can get someone with range who isn’t a gidp machine”

    • MikeD

      And who will that be, how much will he cost, and who will replace the lost revenue to the Yankees when Jeter leaves?

      I like to get to the details.

      • larryf

        Assuming Jeter is on the downward trend and 2010 was the first year of it, it will be Nunez at 450K, faster, better range, better arm and can easily hit 260/270 with 10 HR’s.

        change is hard

        Robbie Cano is our new star and we can win with a SS that is of the same caliber as all those second basemen who played with Jeter prior to Cano…

        • MikeD

          I’m not a Nunez fan. I don’t see him being a starting SS on a top-notch team. Won’t hit enough, and his fielding isn’t going to be that spectacular. He could fill in if needed, such as Jeter going down with an injury, but he should not be Plan A.

          Cano will not replace the Jeter marketing dollars. The Yankees still get Cano jersey sales. Jeter is by far and away their largest revenue generator off the field, and if he leaves the Yankees that goes away. This doesn’t even touch upon his march to 3,000 and the money they’ll make on his retirement season. When paying Jeter that will take all this into account.

          • Murakami

            Right.

            Jeter is not just an unusual talent but has been the sort of Yankee archetype Joe D was. There isn’t anyone else like this, really.

            He has an indefinable quality of being nearly synonymous with the Yankees. That ka-ching will outlive his usefulness on the field, and the Yankees are smart enough to know this.

        • Murakami

          They can’t really do that and still be the Yankees, though.

          Not unless they bring in a LF with some slug. You can’t have a bunch of little rabbits running around Yankee Stadium and still call them the Yankees.

  • pat

    2/12

    Oh, you mean what he’s going to get? Nevermind then.

  • Slugger27

    i think the bottom annual salary he takes is 17M. he’s gonna want to be paid more than burnett. think posada wanting more than damon’s annual salary and mussina more than pavano’s

    3/57

    that way, he gets a raise in annual salary (18.9 to 19)

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      He’s gonna want to be paid more than burnett.

      Repeated for muthafuckin’ emphasis.

      • http://www.secondavenuesagas.com Benjamin Kabak

        Terrible comparison. I do my job better than A.J. does his. Where’s my $16.5 million? :)

        • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

          We’re not saying it’s logical, we’re saying it’s what is going to happen.

        • http://twitter.com/dpatrickg Dirty Pena

          Maybe you should put yourself on the open market.

        • king of fruitless hypotheticals

          Fantastic comparison–go have a career, nigh, a LEAGUE year in Toronto then we’ll bring you back.

          youre a farm boy, you get farm boy wages.

          essentially…youre frankie cervelli.

  • UncleArgyle

    1 year, 12 mil, with a perpetual 12 mil dollar player option.

    • Thomas

      No. There is absolutely no way you can give a player a perpetual player option. The player can effectively hold the team hostage by re-upping regardless of his talent level, then sitting on the bench while making millions.

      • UncleArgyle

        In theory sure. But do you really think Jeter would CTC (collect the check) while sitting in the dugout as an over the hill 25th man? No Way. Jeter will quit when he feels he can’t play anymore, not when the paychecks dry up. This sort of contract also worked really well for Tim Wakefield in Boston.

        (Note: I realize there’s zero chance of Jeter getting a perpetual player option, I just think its an interesting and fair compromise)

        • Thomas

          Here is the difference between your idea and Wakefield’s old contract: the Red Sox had a team option.

          The Red Sox decided if Wakefield would return, not Wakefield. Wakefield was essentially held hostage by the Sox with his only way out of the contract were to retire, say he didn’t want to play for the Sox (forcing them to not pick up the option), or sign another deal (which he did and the Red Sox kindly let him do). If you said team option, I’d be fine, but I doubt that would go through with Jeter.

          Do I think Jeter would collect a contract to be the 25th man? Probably not and I would hope not, but I don’t know him. Some greats are willing to be a bench player like Tim Raines, many are not. The bigger problem is Jeter one season might show us and the team he is clearly done, but he might resign because he still thinks he has something left and will rebound. Thus, he could resign thinking he will be the starting SS and force the Yankees to either let Jeter, an inferior player at that point in his career, start or relegate a legend getting paid $12M to the bench.

          • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

            Here’s the difference with Tim Wakefield’s contract and Derek Jeter’s impending contract negotiations, though:

            Derek Jeter isn’t Tim Wakefield.

            • Xstar7

              NOT BY A LONG SHOT. DJ could probaly throw harder than that washed up slob.

        • CP

          I generally agree, but I think he’ll stick around a couple years too long. They all do.

  • David in Cal

    Remember when a fading Bernie Williams acquired the nickname, the “Ghost of Bernie”? Not only was he not playing particularly well, GOB wasn’t a big fan draw, because he wasn’t really the old Bernie.

    It’s a cinch that Jeter will continue to lose range in the field. Over the next 3 years, I’d guess his OPS+ will average below the .90 he hit this year. He also is apt to miss quite a few games due to injury. Adding insult to injury, the Ghost of Jeter won’t even be much of a fan draw.

    I’d rather see the Yanks lose Jeter than give him a 3-year deal.

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      Bernie Williams at the height of his popularity still wasn’t a mole on Jeter’s ass when it comes to the Yankee fanbase.

      There’s just no comp for Jeter. There really isn’t.

      • Xstar7

        WE WANT BERNIE!

    • http://twitter.com/dpatrickg Dirty Pena

      The Yankees let Bernie Williams walk because they had Johnny Damon on the roster. Who do you suggest plays SS for the Yanks next year, if not Jeter?

      • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

        “The Yankees let Bernie Williams walk because they had Johnny Damon on the roster. Who do you suggest plays SS for the Yanks next year, if not Jeter? he wasn’t Derek Jeter, Global Brand Icon™.

        Fixed. Your version was accurate, but I think mine is more germane to the topic at hand.

        • http://twitter.com/dpatrickg Dirty Pena

          Well, yes, but I suspect if they didn’t have Damon, they would’ve offered Bernie something more than a minor league contract.

          • MikeD

            Bernie Williams still could have had value as a MLB if he was used properly. At the end, he was stronger batting righthanded and could mash LH pitching, so he could have continued his career as a DH-type player facing lefties, while serving as a back-up option in LF. Think, oh, Marcus Thames, 2010, although not quite as bad with the glove and with better foot speed. Bernie was better than Thames against southpaws, hitting .323/.387/.549 against them in his final year.

            Bernie’s career ended a few years earlier than necessary because of, all things, loyalty. Joe Torre’s loyalty to the players that got him all those rings. Torre would still play Bernie way too much, and in CF. Cashman ended it by not offering Bernie a new contract. If he’s not on the team, that prevents Torre from using him. So while some think Bernie’s career end was a sign of no loyalty, it was just the opposite. Joe Torre was too loyal to Bernie.

      • http://www.twitter.com/tomzig Tom Zig

        Eduardo Pena.

  • king of fruitless hypotheticals

    3/36.

    now i’ll go read the article and find out how dumb i was. brb.

  • theyankeewarrior

    Technically, his contract was 10/189 so thats 18.9M/yr. (lets say 19)

    19×3 is 57

    Add a 3,000 hits bonus of 6M (A-Rod’s per-milestore rate) and it’s a 3 year contract for up to 62M.

  • http://twitter.com/dpatrickg Dirty Pena

    Anybody who thinks there is remotely a chance that Jeter is not playing for the Yankees next year, under a contract that far, far, far exceeds his talent level is woefully out of touch with reality.

    • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

      Like I said in the other thread, if you think Derek Jeter the Baseball Player doesn’t deserve 20M a year anymore, you’re probably right.

      And the Yankees aren’t going to pay Derek Jeter the Baseball Player 20M a year, they’ll probably pay him 8-10M a year.

      They’ll simultaneously be paying Derek Jeter the Corporate Brand Icon and Global Enterprise about 10-12M per year to continue his partnership with Yankee Baseball, LLC, though.

      • king of fruitless hypotheticals

        Derek’s glove: $2MM
        Derek’s range: what’s league minimum?
        Derek’s bat: $2MM
        Derek’s smile: $12MM

        • Thomas

          Derek’s glove: $2MM

          These are the types of comments that make Ruben Rivera cry.

          • king of fruitless hypotheticals

            #wellplayed

      • CBean

        This. I discovered that I enjoyed baseball and became a huge Yankee fan in the last five years, but even before that, before I knew that I could care anything about WAR or UZR, I knew who Derek Jeter was and I knew about his legacy as a Yankee. That still holds a lot of weight for the Yankee corporate brand regardless of whether we think it should or not.

  • andypettitteisastartingpitcher

    I know this will never happen but why not an incentive-laden contract? If you return to Jeets of yore you get this many dollars. If you don’t, you get this many.

    • http://twitter.com/dpatrickg Dirty Pena

      What incentive would Jeter have to do that?

      • http://twitter.com/tsjc68 tommiesmithjohncarlos a/k/a Ridiculous Upside the Elder

        Here’s my incentive:

        F#$% you, pay me.

        Sincerely,
        Derek Jeter

        • king of fruitless hypotheticals

          DAMMIT.

          that’s twice you’ve made me do that…there’s coke all over my M F desk, some of which came out my nose.

          DAMMIT!

          • http://twitter.com/dpatrickg Dirty Pena

            some of which came out my nose.

            All of which went in through your nose.

            Ba-zing!

            • http://theyankeeu.com Matt Imbrogno

              KOFH is Ron Washington?

        • Xstar7

          That is some funny s%#t

      • http://www.twitter.com/tomzig Tom Zig

        None. The only incentives Jeter will agree to are those that even if he doesn’t reach them he still gets his $60-70 mil over 3

    • ZZ

      Performance based incentives are not permitted under the CBA.

  • Brian getting Greedy Ca$hman

    3 Years , 50mil + 5mil for 3000 hit!
    year 1 = 20
    Year2 = 15
    Year3 = 15

  • Poopy Pants

    How much would the Yankees make from the ‘3,000 hits chase’?

    • http://www.twitter.com/tomzig Tom Zig

      $4.93

    • Mike HC

      Over time, probably millions of dollars.

      • Poopy Pants

        How many millions? 2? 20?

  • ZZ

    Jeter is going to take a pay cut on this contract. It is just going to be a matter of how much.

    I really think people are going to be surprised when the final terms are released.

    It won’t be 20 million per year.

    • http://twitter.com/iiKeane JobaWockeeZ

      I hope you’re right.

    • Anal Hershiser

      I disagree – I think it’s going to be right there – think 4/80 – no one will like it, but it is what it is.

  • nathan

    What kind of marketing can they do with a freaking 3000th hit. I dont see a bunch of fans buying replica baseballs or photos. That would be dumb.

    3 years / 55 Mill (& mutual option for 4th year 18 M with 5 M buyout).

    He gets his 20per average, and he gets a 4th year for name-sake in the contract.

    • Mike HC

      I don’t think there is going to be an option in the contract. That is just asking for trouble.

      • nathan

        I think it would be a hand-shake agreement that he will decline and take the 5M as a retirement bonus after 3 years.

        The year # 4 will show up in the contract.

        • Mike HC

          ah, got ya. The ole handshake agreement.

      • http://twitter.com/dpatrickg Dirty Pena

        I actually think there will be an option. They’ll agree to a deal, and then tack on an option year.

        • Mike HC

          maybe. I have no clue.

    • Poopy Pants

      Allegedly increased ticket sales, but everyone already says that Yanks games are constantly sold out. If anything, it would help the teams HOSTING the Yanks sell tix.
      I personally don’t give a shit about 3,000. It’s a plateau, not a record.

      • Xstar7

        I give a shit

      • Hughesus Christo

        The Yankees get paid on every ticket re-sale, which will be at a greater $ if that record is at stake. So I’m going to guess the dollar amount is in the “a lot of fucking money” range.

        Thanks, I’ll be here all week.

        • Poopy Pants

          How much is ‘a lot of fucking money’? That’s pretty vague.

        • Poopy Pants

          I don’t think the Yankees will make ‘no money’ on the 3,000 hits. I’m just wondering generally how much and if it’s worth overpaying someone by $10 million a year for 3 or 4 years.
          I honestly have no idea. Just trying to figure things about.

      • CP

        Most Yankee games are not sold out. This year, they were at 88.9% capacity.

    • RL

      I could see both sides agreeing to this. Probably the best we could hope for.

      On second thought, I’d hope he gets this and performs well enough that he earns that money and earns the 4th year. Wishful thinking ….

  • Mike HC

    4 years 75 million?

    • http://theyankeeu.com Matt Imbrogno

      I’ll be upset w/a four year deal.

      • Mike HC

        I’m just guessing it will be four years. Who knows though?

  • Xstar7

    3 years 45 mil. I’m calling it.

  • http://www.bleedingyankeeblue.blogspot.com BleednYankeeBlu

    I wrote this a few weeks ago… this is what i think

    Derek Jeter will get what Derek Jeter wants and it’s all because of what Derek Jeter has done as a New York Yankee. Will Derek Jeter test the free agent market? No. Will another team offer him more than the New York Yankees? No. Stay calm everyone, Derek Jeter is a Yankee for life and I say this based strickly on his numbers and not by anything he’s said in the past about him only wanting to be a New York Yankee. We all know that if he said he wanted to stay a Yankee for life and he sucked, he’d be traded or not re-signed. The New York Yankees love Jeet and Jeet loves the Yanks. Enough talk, let me break this down so you understand why:

    Jeter is the all-time Yankee Leader in Hits with 2926. He’s ahead of every other iconic Yankee you know, Gehrig, Berra, Mantle. Jeter’s the guy.

    He is 3rd all-time in Yankee Runs. He has 1685. Gehrig is 2nd with 1888 and Ruth has 1959.

    Derek is 2nd all time in Yankee Doubles. He has 468. Number 1 is Lou Gehrig with 534. Derek Jeter will break this record if he is re-signed.

    Not his strong point but worth noting is that Derek Jeter is 10th on the all-time Yankee list with 234 home runs. He breaks the top ten.

    In RBI’s, Jeet is 9th on the list with 1135. Guess who’s 10th… Don Mattingly with 1099. Still in good company.

    Derek is 1st on the all-time Yankee list in Singles. 2163. It’s not a glorious number, but let’s face it, singles eventually turn into runs. I’d be proud of that.

    In Total Bases on the all-time Yankee list, Jeter is 4th with 4218. He’s behind Ruth, Gehrig and Mantle.

    Let’s also mention that he’s 6th in Bases on Balls with 948.

    Oh, and a statistic that I didn’t even know but am glad I found out today. Do you know Derek Jeter is 2nd on the all time Yankees list of Stolen Bases with 323? Guess who’s number 1… Rickey Henderson, with 326. Next Year, Jeter will break that one too.

    And I love these Hits numbers. In 1999 he had 219 hits, in 2006 he had 214 and in 2009, he had 212. That was only a year ago, so let’s not base Jeter’s entire career on 2010. While his season wasn’t as good as the others, we are in October where we belong and after that, he goes into negoitation.

    My guess is they treat Jeet like a king. I cannot imagine that Jeter will be greedy but he needs to walk into their office with this stats and go through it line by line so they remember, because after all, it IS business.

    But to all those awesome Yankee fans out there…. Don’t worry, Derek Jeter will be a New York Yankee for life. I guarantee it. It’s the only way we know.

    • Poopy Pants

      Summary please. I’m not reading that.

      • http://twitter.com/dpatrickg Dirty Pena

        I’ll summarize (even though I skimmed): Derek Jeter has had a great career, and the Yankees are going to reward him greatly for it.

    • http://www.twitter.com/tomzig Tom Zig

      I’m looking for a reader’s digest version

    • http://theyankeeu.com Matt Imbrogno

      I don’t think many (any?) are worried about Jeter not being on the Yankees in 2011. They’re worried about how much longer after that he will be a Yankee.

    • Xstar7

      You spelled strictly wrong. Some interesting information by the way. The fact that it’s taken Derek Jeter this long to Get to the top of the Yankees all time stolen bases list just shows how awesome Rickey Henderson was. He only played for the Yankees for 3 years and it’s taken Jeter 15 to get as many stolen bases as Henderson during his Yankees years. And Derek Jeter was very fast until a short time ago. But then again how many other great notable basestealers have we had in our past? That’s not really our game.

    • Dalelama

      Everything you mention he has already been paid well for. $15m for 3 or let him walk.

  • Guest

    3 years, 60 mill and call it a day (also work out an official Mo like “year” to “year” arrangement for after the contract expires).

    Is it a smart move from a pure money for performance standpoint? Of course not. Is it generally a bad idea to pay players for anything other than their potential performance? Of course.

    Is the Jeter situation an entirely different situation than what we have seen before? Definitely. As TSJC noted earlier, there simply is no comp for Jeter.

    If Jeter leaves the Yanks, yeah, it would hurt his brand. But it would definitely hurt the Yankees’ brand as well, and that’s all they should care about.He is the single largest (living) intangible asset to brand Yankee right now. I don’t know if we can quantify what this blow to the brand would mean in dollars– we probably can’t.

    But when you have the money to spend (and they do), I just don’t see why you would purposefully hurt your brand with minimal marginal financial gain.

    And if you think it sets a bad precedent, I disagree. Any player who comes to the Yanks saying “But you did it for Jeter” can be met with a simple “Thats right, we did it for DEREK JETER. Anymore questions?”

    Now where he should play on the field might be another story…

    • http://www.twitter.com/tomzig Tom Zig

      I bet Mo signs for 2/30. After that he’ll probably be really close to save #650 that he hangs on for 1 more year after that and retires with the all time save record.

      • Xstar7

        No, mo deserves a bit more because unlike Jeter he performed like he has the rest of his career and besides a not uncommon September slump he showed no signs of slowing down.

        • http://www.twitter.com/tomzig Tom Zig

          Mo is also currently 40, almost 41. He’ll be nearly 43 by the time that 2 yr deal ends. If he’s still capable of pitching after that, then you give him another year.

  • http://twitter.com/iiKeane JobaWockeeZ

    4/100.

    What I want? 2/40. Ain’t happening.

    • mbonzo

      4/100????

      I agree he won’t be receiving a 2 year contract, but even if he gets a 3 or 4 year, it will be for a couple million less than $20 million.

  • dkla

    i’m hoping he was hurt this year and doing his usual gamer thing

    my guess is 2009 was his last 800 OPS year, but i’d expect him to bounce back somewhat

    i don’t care how much money they pay him, as a fan i just don’t want to witness jeter playing at an embarrassing (for him) level

  • Jake

    He gets $100 million in Schrute bucks and another $50 million in Stanley nickels.

    • Esteban

      So how many unicorns and leprechauns is that?

  • Esteban

    3 years/ whatever the price is to ensure Jeter doesn’t get Tiger Woods’d and have all of his flings come out of the woodwork now that he’s marrying Minka.

  • melvin

    I say 3/36m. you can’t pay for what he’s done, he already got paid for that. also put him in the #8 hole and gardner #1

  • Jerome S

    CESAR IZTURIS IS NOT THE ANSWER

    repeated for emphasis.

    • larryf

      He would be if Buck was our manager….so I agree with you.

  • Januz

    From everything I have heard and read about Jeter, is that his primary interest is in winning, not numbers. Assuming this is true, I do not expect for him to want to play for more than three more years. I would not be shocked that in his mind, he thinks about Brett Favre, who tarnished his reputation, and worse hurt his team, by playing too long so he can achieve certain records, and he does not want that to occur to him. For that reason, I am predicting around 3 years for $51m.

  • larryf

    Ok-so he is coming back at too many years for too much money because of all the reasons enumerated.

    Can he just not bat leadoff?

  • Anthony Murillo

    I don’t think Jeter is done but I think he should bat lower in the order.

    Are the Yankees going to over pay for Jeter? Yes. He’s the Captain of the Yankees, one of (if not the) greatest short stop in Yankees history and a 5 time World Champion.

  • burbankbogey

    3 for $51MM is a pretty good prediction plus an incentive for 3,000 hits. What is AROD’s bonus for homeruns again?

  • the Yankee fanatic

    I really don’t understand why Jeter has such great financial vaule…If keeping him results in losses and he is not producing then why is it essential to keep him…I guess i am in the minority of people who believe that because he is 36…that this year is not an fluke but a true indicator of things to come…I am wondering why the article didn’t mention putting together a trade package for a shortstop…It only mentions no real internal options and no good free agents this year to fill ss but a trade was not considered…the Yanks do have talent though…so i wonder why(ss)prospect Eduardo Nunez was not considered for a trade in a package with other prospects for Stephen Drew of the Arizona Diamondbacks or Hanley Ramirez of the Marlins…And if the Yankees are considering bringing in either Crawford or Werth then trading Granderson or Swisher to a big market team for even more prospects should make gaining a preiminet shortstop that much easier…If a trade was made then Jeter could be offered a superutility/DH role…Between resting players and probable injuries…He could possibly play in 100 or more games around the field and get 500 atbats…this would allow him to get his 3000 hits…and this would allow the Yankees to upgrade the defense and offense of the team…I believe the Yanks will be making a big mistake leaving Jeter s at ss even if it’s just for one more season…This to me makes more sense than signing Jeter to an exorbitant contract for too many guaranteed years…The Yanks could pay him 10 mill and give him reduced anual mutual options…7.5 in 2012 season 5.5 in 2013…This is more than fair…and if he truely wants to be a Yankee until he retires…He should accept that role and the contract proposal figure…

  • Endlessmike

    The idea that Jeter has the leverage is crazy.You think Ford and Gilette will give Jeter $10 million to do does stupid commercial if he was playing for the Brewers.

    3/60 and move Jeter to left in 2 years. Jeter doesn’t worry me if he left. Mo is way more important. You can’t replace him.

  • Mike R

    I understand Jetes getting older, but I’ll still stand by the guy. Yah he had a bad season at the plate but I believe as well as Jete definitely does that he can come out and hit .300 again next season. Quit giving up on the guy he’s a class act and has a few more good years in him. Also eluding to his deteriorating defense he had 8 errors in 2009 and 6 errors in 2010 which both surpass his career lows in errors.

    • CP

      It easy to not get errors when you don’t get to many balls. That being said, I agree that he is likely to rebound next year.

    • DallasGreen

      Giving Jeter 3 years is no dumber that the 4 they gave Jorge. That being said, if his defense continues to deteriorate (ala Jorge), it will soon be obvious to the brass that they need to find a shortstop. I think back to Don Mattingly’s last year. He chose to retire rather then take a backup/ DH role. Derek is heading down that road as well.

  • ChrisR

    Just a thought, Say if Jeter had a slash line of 303/377/405 in 2010, would we would we still think that his years and money in terms of a contract should be reduced?

  • Gonzo

    3/64.5

  • Tom T

    This is insane. This $%*! ain’t chairty. Why are we cool overpaying the oldest shortstop in MLB by 100-130%? This is literally the only way that the rest of the league has a chance to beat us long term — stupid contracts like this is shaping up to be.

  • Brian

    Toe the line between business sense and fairness…

    $18-20MM yr1, $25M player option for yr2, provided Jetes hits reasonable performance benchmarks in yr1 (perhaps .275 BA, .370 OBP)

    Hard to think Jeter will feel slighted by that offer and, if he has a down 2011 season, both he and the Yanks can re-evaluate next year — perhaps he decides to exit stage right along with his pal, Jorge?

    • http://www.secondavenuesagas.com Benjamin Kabak

      If he has a down year and you give him a $25 million player option, there is a 100 percent chance he’ll choose to exercise that option. I don’t think that’ll work out too well for the Yanks.