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Jeter (1 Viewer)
- Thread starter Wrigley
- Start date
Billy Bats
Footballguy
coolnerd
Footballguy
Honestly, not sure if you took Derek Jeter's name off his recent stats and age he would get 3 for 17 million on the open market. I know we can't do that and that value does not work perfectly or fairly.
Northern Voice
Footballguy
He'd get the same deal as Tejada. Same age, defense declining, almost indentical numbers last season.
Dr. Awesome
Footballguy
That's a pretty solid deal for both sides.
RC94
Footballguy
More info about the deal:
http://sports.espn.go.com/new-york/mlb/news/story?id=5884052
Source: Derek Jeter, Yanks agree
By Wallace Matthews and Andrew Marchand
ESPNNewYork.com
NEW YORK -- Derek Jeter and the New York Yankees came to terms on his new contract after a final face-to-face meeting, which occurred in the New York area on Saturday, according to sources with knowledge of the negotiations. Jeter, agent Casey Close, Yankees owner Hal Steinbrenner, president Randy Levine and general manager Brian Cashman all were present.
The meeting took place to complete the contract and try to heal any wounds that occurred during the testy negotiations.
According to an official with knowledge of the contract, the guaranteed portion is $51 million over three years, which includes a $3 million buyout for the fourth year. If Jeter declines the buyout and continues for the fourth season, he still receives the $3 million, plus another $5 million to put the total at $56 million.
He can make another $9 million in incentives. The incentives are defined as points. Jeter will earn $1 million for each point he earns.
Jeter can earn the points by finishing in the top six in the MVP voting or winning a Gold Glove, a Silver Slugger, a regular season MVP, an ALCS MVP or a World Series MVP. If Jeter were to earn nine points, his incentives would be capped at $9 million. Some of the awards are worth multiple points and thus multiple millions.
Jeter could max out at $65 million over four years.
Those terms, obtained through conversations with several sources who requested anonymity, represent a pay cut of approximately $2 million a season from the 10-year, $189 million contract Jeter finished. The Yankees did, however, increase their initial offer of $45 million over three years.
Finishing the deal will allow Cashman to know exactly how much money he has in his budget heading into the winter meetings, which begin Monday in Orlando, Fla. The Yankees are expected to make a strong bid for free-agent pitcher Cliff Lee and possibly outfielder Carl Crawford.
Jeter was asking for a four- to six-year deal in the area of $22 million to $24 million a year, and he and Close seemed surprised by what they considered a lowball offer from the Yankees. At one point, Close described the Yankees' negotiating strategy as "baffling" and implied he felt his client should be treated as if he were Babe Ruth.
Earlier this week, ESPNNewYork.com asked a source involved in the negotiations what it would take to get the deal done. "Jeter and Close need to drink the reality potion" was the reply.
And coming off the worst offensive season of his career since he became an every-day player -- .270 batting average, 10 homers, 67 RBIs and an on-base percentage of .340 -- and without any concrete offers to match even the Yankees' initial offer, Jeter and Close gradually came to alter their demands.
The two sides met earlier this week in Tampa after Close called Hal Steinbrenner to set up the get-together. Jeter was present, as was Steinbrenner, Cashman and Levine.
That started the ball rolling. As of Friday night, sources briefed on the negotiations were using terms like "significant" and "terrific" to characterize the tone and progress of the meetings.
And although Jeter had no real leverage, the Yankees also softened their stance. After publicly talking about how they would treat Jeter like any other player in a contract negotiation and judge his value solely on performance -- and pointedly expressing reservations about his age (36) and diminishing range in the field -- the decision to raise their offer even by a couple of million dollars per year is an indication that they were recognizing and rewarding his iconic status in club history.
The proposed new contract would place his average annual salary at about $17 million per year, keeping him as the highest-paid middle infielder in baseball, ahead of the Colorado Rockies' Troy Tulowitzki, who this week signed a 10-year deal worth $157.75 million, an average of nearly $15.8 million per season.
In the end, what happened between Jeter and the Yankees is what many expected to happen from the moment his previous contract expired at the end of the 2010 World Series.
"I think the deal was always going to get done," said a party involved in the negotiations. "It was inevitable that the Yankees and Derek Jeter would stay together. It just took a little time to get to where we all had to be."
That, and a round of reality potion for everyone in the room.
Wallace Matthews and Andrew Marchand cover the Yankees for ESPNNewYork.com.
http://sports.espn.go.com/new-york/mlb/news/story?id=5884052
Source: Derek Jeter, Yanks agree
By Wallace Matthews and Andrew Marchand
ESPNNewYork.com
NEW YORK -- Derek Jeter and the New York Yankees came to terms on his new contract after a final face-to-face meeting, which occurred in the New York area on Saturday, according to sources with knowledge of the negotiations. Jeter, agent Casey Close, Yankees owner Hal Steinbrenner, president Randy Levine and general manager Brian Cashman all were present.
The meeting took place to complete the contract and try to heal any wounds that occurred during the testy negotiations.
According to an official with knowledge of the contract, the guaranteed portion is $51 million over three years, which includes a $3 million buyout for the fourth year. If Jeter declines the buyout and continues for the fourth season, he still receives the $3 million, plus another $5 million to put the total at $56 million.
He can make another $9 million in incentives. The incentives are defined as points. Jeter will earn $1 million for each point he earns.
Jeter can earn the points by finishing in the top six in the MVP voting or winning a Gold Glove, a Silver Slugger, a regular season MVP, an ALCS MVP or a World Series MVP. If Jeter were to earn nine points, his incentives would be capped at $9 million. Some of the awards are worth multiple points and thus multiple millions.
Jeter could max out at $65 million over four years.
Those terms, obtained through conversations with several sources who requested anonymity, represent a pay cut of approximately $2 million a season from the 10-year, $189 million contract Jeter finished. The Yankees did, however, increase their initial offer of $45 million over three years.
Finishing the deal will allow Cashman to know exactly how much money he has in his budget heading into the winter meetings, which begin Monday in Orlando, Fla. The Yankees are expected to make a strong bid for free-agent pitcher Cliff Lee and possibly outfielder Carl Crawford.
Jeter was asking for a four- to six-year deal in the area of $22 million to $24 million a year, and he and Close seemed surprised by what they considered a lowball offer from the Yankees. At one point, Close described the Yankees' negotiating strategy as "baffling" and implied he felt his client should be treated as if he were Babe Ruth.
Earlier this week, ESPNNewYork.com asked a source involved in the negotiations what it would take to get the deal done. "Jeter and Close need to drink the reality potion" was the reply.
And coming off the worst offensive season of his career since he became an every-day player -- .270 batting average, 10 homers, 67 RBIs and an on-base percentage of .340 -- and without any concrete offers to match even the Yankees' initial offer, Jeter and Close gradually came to alter their demands.
The two sides met earlier this week in Tampa after Close called Hal Steinbrenner to set up the get-together. Jeter was present, as was Steinbrenner, Cashman and Levine.
That started the ball rolling. As of Friday night, sources briefed on the negotiations were using terms like "significant" and "terrific" to characterize the tone and progress of the meetings.
And although Jeter had no real leverage, the Yankees also softened their stance. After publicly talking about how they would treat Jeter like any other player in a contract negotiation and judge his value solely on performance -- and pointedly expressing reservations about his age (36) and diminishing range in the field -- the decision to raise their offer even by a couple of million dollars per year is an indication that they were recognizing and rewarding his iconic status in club history.
The proposed new contract would place his average annual salary at about $17 million per year, keeping him as the highest-paid middle infielder in baseball, ahead of the Colorado Rockies' Troy Tulowitzki, who this week signed a 10-year deal worth $157.75 million, an average of nearly $15.8 million per season.
In the end, what happened between Jeter and the Yankees is what many expected to happen from the moment his previous contract expired at the end of the 2010 World Series.
"I think the deal was always going to get done," said a party involved in the negotiations. "It was inevitable that the Yankees and Derek Jeter would stay together. It just took a little time to get to where we all had to be."
That, and a round of reality potion for everyone in the room.
Wallace Matthews and Andrew Marchand cover the Yankees for ESPNNewYork.com.
Eephus
Footballguy
Tulowitzki's deal doesn't get expensive until 2014
Notorious T.R.E.
Showdown!™ Administrator
lol
dparker713
Footballguy
Once again, the Yankees bid against themselves. Atleast he can afford his wedding now.
the moops
Footballguy
If by both sides you mean Jeter and Jeter, then yes.
Notorious T.R.E.
Showdown!™ Administrator
If by solid, you mean diarrhea, then yes.
Balco
Footballguy
And I am sure there are many Yankee fans that feel the same way. Jeter is the captain, and one of the greatest Yankees of all time. Management was in a tough spot, and Jeter and his agent knew this. The problem is, Jeter is a # 8 or # 9 hitter. Will he accept the move down the order? And when he is barely replacement level, and the manager needs to reduce his playing time, how will that go?
Michael Brown
Footballguy
Might wanna check your math againJambi said:
Smack Tripper
Footballguy
If Jeter doesn't come back strong next year, you have got a story. He'll be EXTREMELY motivated, as the defensive renaissance from 2 years ago was tied to his declining defense of 2008. If he stiffs again this year, he's done. But I think his bad year was injury driven as much as anything and I don't know if we'll see a .330 season again, but his strong September and postseason leave me hope.
I'm glad they got this done, and got off cheap considering they're lessing his AAV. Good job out of Jeter not dragging this out and at least Cash has set some precedence as to how deals will be handled. One big resign too late, I wish they help a similar line with A-Rod, but whats done is done.
I'm glad they got this done, and got off cheap considering they're lessing his AAV. Good job out of Jeter not dragging this out and at least Cash has set some precedence as to how deals will be handled. One big resign too late, I wish they help a similar line with A-Rod, but whats done is done.
dparker713
Footballguy
They did hold a similar line with Arod, they gave Jeter more years and dollars than anyone else would have and they outbid their initial offer despite no competing offers, or even rumors of competing offers. Jeter's on field performance is probably worth about 8 mil a year, so I fail to see how giving him double for 3 years plus a buyout is getting off cheap.
Sammy3469
Footballguy
Sure, but its not like the Yankees had much bargaining power here either. Have you SEEN what qualifies as a starting shortshop these days. Hell Tejada got $6.5 for this year. In any case if you're valuing WAR at $5 million (actually higher for the Yankees) and think he has any type of bounceback to his 2007 and 8 numbers then this is basically a fair deal.
Sammy3469
Footballguy
Really? What do you think it would cost to replace him?
the moops
Footballguy
He had a .571 OPS against the Twins. A .709 against the Rangers.His .715 OPS for Sept/Oct, while better than July and August, is still pretty pathetic.
Bogart
Footballguy
You can not discuss numbers when discussing Jeter, it is all about the INTANGIBLES.He had a .571 OPS against the Twins. A .709 against the Rangers.His .715 OPS for Sept/Oct, while better than July and August, is still pretty pathetic.
Wrigley
Footballguy
This is important.
Smack Tripper
Footballguy
I don't see how giving a guy 10 years and 275 mil AFTER he shopped the deal and obviously didn't get a sniff was holding a line. A rod acting unilaterally cost them over 20 million fromTexas over those remaining 3 years he opted out of. I'm guessing the braintrust sold jeter on that was the maneuver that basically forced Hal to take over since that had hallmarks of Hank all over it. Talk about bidding against yourself.
dparker713
Footballguy
See Renteria, Edgar.
Mr. Pickles
Footballguy
I think Alexei is setting the low bar by which all others are judged.He had a .571 OPS against the Twins. A .709 against the Rangers.His .715 OPS for Sept/Oct, while better than July and August, is still pretty pathetic.
