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Report: Yankees, Derek Jeter are about $65-75 million apart

Nov 27, 2010, 9:40 AM EDT

Jeter batting cage

Oh boy, I closed my eyes for about seven hours and the story has already changed! What a surprise.

OK, so it’s just a variation of what was reported by Michael S. Schmidt of the New York Times last night, but Anthony McCarron and Bill Madden of the New York Daily News report that Derek Jeter’s camp has proposed a five-year deal worth between $22-24 million per season.

The only offer we have heard from the Yankees’ side of things is three years at $15 million per season. So, to bring things up to date, there’s still about a $65-75 million difference to make up here.

The best part is that McCarron and Madden write that the two sides are “appear to be inching toward a middle ground.” Really? Sounds like the wrong unit of measurement.

  1. Old Gator - Nov 27, 2010 at 10:49 AM

    Zzzzzzz….tryptophan overdoze….

    • bigbbfan - Nov 27, 2010 at 11:35 AM

      Did not get it at first glance, you said a lot with a little.

  2. yankeesfanlen - Nov 27, 2010 at 11:10 AM

    My fellow fans of the Universe:

    What never gets emphasized enough in our patter about the money involved in Beep-beep the Jete’s case is that the Yankees MOST NEED to find themselves a replacement for ANY Yankee whom the sun is rapidly setting upon.The crux of the matter is that a shortstop is needed, $15M/yr is set aside for that purpose, and we need $15M worth from that incumbent.
    In 2011, Beep-beep may well be that man. But it gives a replacement, if were to be home-grown young talent a missing year of experience. Look at Gardner- many scoffed at using him at left and called for Johnny’s retention, however his maturity progressed and now some call for a promotion in batting order for him. Not to say we won’t just go and grab Carl Crawford on (our) general way of doing things, However, there’s no one calling for Brett’s head for ’11.
    If a free agent or passable younger player gets signed, I, and maybe others, will be here in August saying “Derek WHO?”
    Let’s leave it where it is now, the money is on the table, the timing is not now or will possibly never be favorable, yet the team will continue. Joe D.’s replacement worked out kinda well.

    • yankees1996 - Nov 27, 2010 at 11:22 AM

      I do not believe that any Yankee fan will ever mutter the works “Derek who”. However several of your points are well taken and maybe it is indeed time for Derek Jeter to hang up his spurs and ride off into the sunset. It will be a shame to not see him officially retire as a New York Yankee but on the other hand it was a shame to see the same courtesy not extended to Bernie Williams. The ego that is instilled in these athletes is really something scary, especially when it comes to them and their agents putting a number on their talent and abilities, but alas that is an entirely different discussion. I do not know how this whole thing is going to turn out but as a Jeter fan I will tell you this he is not worth 22 to 24 million dollars over the next 5 to 6 years.

    • mtner77 - Nov 27, 2010 at 6:19 PM


      ….”Beep-beep the Jete”….

      I have seen you post this same little cutesy slogan four or five times now.
      Exactly what is it surpose to be? Third grade nickname?

  3. yankees1996 - Nov 27, 2010 at 11:12 AM

    I just don’t see it quite honestly, how he believes that he deserves a contract of between 22 and 24 million per season. This is competition with A-Rod nothing less, nothing more, stick to your guns Hal!

    • uyf1950 - Nov 27, 2010 at 11:47 AM

      Now that apparently there doesn’t seem to be any dispute about these salary demands on Jeters part ($23/24M per over 4 or 5 years). I believe the earlier articles quoting un-named sources saying Jeter was looking for $25M for 6 years were pretty accurate as well. These latest numbers from Jeter are obviously his fall back position. I for one, as a long time Yankee fan say he needs to fall back a lot further. Everyone seems to agree he is basing his demands on ARod’s contract/salary and that is a huge mistake on his part. Obviously his ego has overridden his common sense. Regardless of what anyone thinks of ARod personally he was and is a better baseball player then Jeter. Add on top of that that both athletes did negotiate or are negotiating their contract at totally different times in their careers. As they say time for Jeter to “sh_ t or get off the pot”. I think most Yankee fans and baseball fans in general are getting tired of the saga.

  4. bigbbfan - Nov 27, 2010 at 11:31 AM

    yankees1996 you have the real motivation for Jeter…his ego is such that he has to be paid near the same as A-Rod. We all know A-Rod should not have gotten the deal he got, but that is history and there is no need to repeat that mistake again.

  5. nesuperfan - Nov 27, 2010 at 11:32 AM

    Considering there have been articles here quoting experts as saying he is only worth about $5 million a year based on his numbers last year, the Yankees should say, “We love you, but you should test the waters.” They will still almost certainly be the highest bidder if they swoop in at the last minute and offer him a better deal than the market will bear, and they will still almost certainly save a ton of money off that 3 year/$45 million deal mentioned above.

    Sure Jeter will be pissed, but so what? He will get over it.

    • bigbbfan - Nov 27, 2010 at 11:37 AM

      Have you considered becoming a general manager? Your approach makes sense to me.

  6. pisano - Nov 27, 2010 at 2:02 PM

    It’s simple, it’s time to part company. Enough said.

  7. 20gdawg - Nov 27, 2010 at 2:35 PM

    As much as I enjoy seeing Jeter in a Yankee uniform, this negotiation is displaying what is wrong with sports. Jeter wanted market valuewhen he signed for 189 million. Now, when the Yankees are wanting to negotiate market value Jeter’s camp is trying to say he is worth so much more then just his production numbers? Stop being greedy…

  8. Robert - Nov 27, 2010 at 2:41 PM

    Meet the Mets—Mr Jeter…..

  9. crankyfrankie - Nov 27, 2010 at 2:49 PM

    I here the Camden Riversharks and Newark Bears both need shortstops with no range and a slow bat.

  10. jfk69 - Nov 27, 2010 at 5:21 PM

    I am all for bringing Jeter the cheater back…….On Old Timers Day
    Cashman….Time to move on

  11. fuggles7 - Nov 27, 2010 at 8:50 PM

    Time for the Yankees to move A-Rod back to short and grab Beltre as their new 3rd baseman.

  12. stew01 - Nov 27, 2010 at 11:28 PM

    No way A Rod is better than Jeter. Sure A-Rod hits the long ball more often. But over the years we all forget the many cluch hit Derek got. All the GREAT heads up plays. The flip throw to Posado…the diving into the 3rd base stands. Sure he tailed off this season….but i think he was playing hurt. Look at his life time batting average over 300…..look at his record hits passing Lou Geric

    Plus next year he’ll get and pass the 3000 marks in hits. Watch him get 60 mil over 3 yrs. or 20 mil per yr. Mark my word.!!!

    • uyf1950 - Nov 28, 2010 at 4:14 AM

      Stew, no one is forgetting the defensive plays you are referring to. But I have to disagree with you about who’s better. You seem to toss off ARod’s home runs as a second thought but place great emphasis on Jeter’s BA and hits. Sure Jeter has a .314 BA but ARod’s .303 isn’t that shabby. And yes Jeter recently passed Gehrig’s hit mark. But Gehrig also, had 1,300 fewer at bats then Jeter. Is there any doubt in anyone’s mind that if the great Lou Gehrig had as many at bats or hadn’t been stricken with ALS he would have had well over 3,000 hits. But back to the Jeter/ARod comparison for a minute. Jeter also has 500 more at bats then ARod. Which primarily due to the fact that Jeter has batted 1st in the line up virtually his entire career, versus 4th for ARod. Discounting the “flashy” plays you mention above both players defensive numbers are pretty similar. In my opinion ARod is a better player then Jeter. ARod has as we all know has considerably more HR’s then Jeter (613 vs 234), he has more RBI’s (1,831 vs 1,135) and a better OPS (.957 vs 837).
      Considering Jeter bats 1st in the order and ARod 4th they have virtually the same OBP. I guess depending on someone’s predisposition you could make an argument for either player being better then the other. But stat’s wise with the exception of Jeter’s slightly better batting average (.314 vs .303) ARod’s numbers are better then Jeter’s. That’s just my opinion, but the numbers do justify it.

  13. uyf1950 - Nov 28, 2010 at 12:03 PM

    This may sound like sacrilege coming from a Yankee fan to Yankee fans but as I’ve said a couple of times on these sites it’s time for Jeter to fish or cut bait. Either accept the Yankees offer or make a “realistic” counter proposal. My personal opinion is if this contract situation isn’t settled by Dec. 5th just prior to the Orlando Meetings it’s time for the Yankees and Jeter to accept neither can or is willing to live with the others offer and they both should move on. Should that be the case the Yankees should have ARod move back to SS and go after Beltre for 3rd base. Beltre is 5 years younger then Jeter so even if the Yankees were to offer Beltre a 4 or 5 year deal he wouldn’t be any older when the contract expired then Jeter is today. I can’t help but believe from strictly an on field performance standpoint 4 or 5 years of Beltre (age 32 to 37) has to be better then a 38 to 40+ year old Jeter.

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