Tag: New York Yankees (Page 8 of 52)

Jeter, Yankees still $80 million apart?

New York Yankees' Derek Jeter hits double against the Tampa Bay Rays during the fifth inning of their MLB American League Baseball game at Yankee Stadium in New York, September 20, 2010. REUTERS/Mike Segar (UNITED STATES - Tags: SPORT BASEBALL)

Whatever Derek Jeter and his agent are smoking, I want it. Because that stuff must be fantastic if they think they’re getting $150 million from the Yankees.

Per Bill Madden of the New York Daily News, Jeter and the Yankees are at least “$80 million apart in negotiations.” Jeter’s initial contract request called for six years and $150 million, while the Yankees are “only” offering three years at $45 million.

I’ve been a Jeter fan since he dazzled everyone in his rookie year but what is he thinking? Six years and $150 million? For hitting .270 last year and playing a very average shortstop? Unless he recently found the fountain of youth and drank it bone dry, then there’s no way the Yankees will/should come close to $150 million for this guy. I know he’s a legend and the Bombers have already put him on the Babe Ruth pedestal, but get real.

Brian Cashman said it best when he told Jeter that he should test the open market if he feels as though the Yankees are shortchanging him. Because there’s no way in Hades that Jeter would receive a three-year deal worth $45 million from another team – not to mention a six-year contract worth $150 million. He’s a 36-year-old shortstop coming off a down year offensively and just doesn’t have it any more defensively. Don’t get it twisted – he’s still a nice player at the right price. But that’s the key: at the right price.

As I wrote on Wednesday, he’s going to wind up back in pinstripes next season. But this storyline gets juicer by the day.

Derek Jeter contract situation getting interesting in New York

New York Yankees shortstop Derek Jeter removes his batting helmet after being defeated by the Boston Red Sox in their MLB American League baseball game at Fenway Park in Boston, Massachusetts October 3, 2010.   REUTERS/Greg M. Cooper (UNITED STATES - Tags: SPORT BASEBALL)

Normally, whether or not a 36-year-old shortstop with declining skills gets a new contract isn’t big offseason news in baseball. But when that shortstop is Derek Jeter, it’s somewhat compelling stuff. (Ok, so “compelling” might be too strong of a word. “Interesting” would probably be more like it.)

Less than a week ago, the Yankees reportedly offered Jeter a three-year, $45 million contract. Based on his age, his numbers last year and his declining defensive play, most would agree that that’s a pretty fair offer. But Jeter’s agent Casey Close said that the Yankees’ negotiating strategy during contract talks for his client have been “baffling.”

“There’s a reason the Yankees themselves have stated Derek Jeter is their modern-day Babe Ruth,” Close said. “Derek’s significance to the team is much more than just stats. And yet, the Yankees’ negotiating strategy remains baffling. They continue to argue their points in the press and refuse to acknowledge Derek’s total contribution to their franchise.”

Chances are if Jeter were to test the open market, he wouldn’t find a better deal than the one the Yankees are offering. And it just so happens that that’s what GM Brian Cashman instructed the Yankee captain to do recently.

When asked about the negotiation process, Cashman said: “He should be nothing but a New York Yankee. He chooses not to be.” He went on to say that Jeter “should test the market” if he doesn’t approve of the club’s offer and that the Yankees have offered multiple deals and received just one counter offer.

But more recently, SI.com’s Jon Heyman wrote that the Yankees will likely sweeten their current offer to the free agent. If they do, it should be viewed as a generous move by the club, especially in light of how they would already be overpaying him at three years and $45 million. While Jeter certainly has meant a lot to the Yankees organization, he seems to be overestimating his worth right now. There’s no way he’d come close to earning that much money for that many years on the open market and if the Bombers were to sweeten the deal, it would be staggering if he and his agent declined their offer.

In the end, Jeter will most likely remain in pinstripes. The Yankees aren’t going to let one of their legends play for another club and while these talks have gotten somewhat ugly over the last couple of days, it’s just business in the end. He’ll be back, but grab your popcorn because if these last couple of days are any indication, things are about to get interesting in the Bronx over the next month.

Yankees offer Cliff Lee six-years, $140 million?

Texas Rangers' pitcher Cliff Lee pitches against the San Francisco Giants during the eighth inning of game one of the World Series in San Francisco on October 27, 2010. UPI/Kevin Dietsch Photo via Newscom

Tim Brown of Yahoo! Sports reports that the Yankees have offered free agent Cliff Lee a six-year deal worth around $140 million. If C.C. Sabathia’s contract in December of 2008 can be used in comparison, then Brown’s figures sound right.

The Yankees signed Sabathia to a seven-year, $161 million contract in ’08. While Sabathia had two more years added onto his contract, he was also four years younger than Lee at the time of the deal. If Lee signs with the Bombers, that would mean the Yankees would be paying their top two pitchers roughly $46 million per year.

Wowzers.

That said, the Rangers are expected to match the Yankees’ offers, at least initially. But it’s hard to imagine that a team that had to be saved by Major League Baseball (financially, that is) would be able to come up with that kind of money for one player. At some point, the Rangers will have to bow out and hope that Lee bypasses more money for the opportunity to return to Texas.

The Nationals are also reportedly interested in Lee and there are sure to be other suitors as well. But as I’ve written for the past couple of months, no team will be able to match what the Yankees offer. Thus, one would think that it’ll be between the Yankees and Rangers in the end. Why would he go anywhere else? He can either cash in a big payday and have an opportunity to win a ring every year, or take less and hope that the Rangers’ run in 2010 was no fluke.

Yankees’ offer to Derek Jeter more than fair

New York Yankees' shortstop Derek Jeter warms up before the Yankees take on the Texas Rangers in game four of the ALCS at Yankee Stadium on October 19, 2010 in New York.   UPI/Monika Graff Photo via Newscom

If SI.com’s Jon Heyman’s report is true, then the Yankees’ offer for shortstop Derek Jeter is more than reasonable.

According to Heyman, the Yankees are on the verge of offering their captain a three-year, $45 million contract. Jeter is reportedly looking for at least a four-year deal, but given his age and declining skills, it’s hard to argue with whether or not the Yankees’ offer is fair.

Jeter means more to the Yankees than what he does on the field, but it’s not as if the Bombers are low-balling him here. He’s no longer a strong defensive shortstop and he’s coming off a year in which he batted .270 over 663 at bats. He posted career numbers in 2009 but nobody expected him to repeat that effort in 2010, which he didn’t.

In some respects, the Yankees have to overpay. Again, his contributions to the organization run deeper than his stat line and New York has to be willing to fork over a little more than Jeter would probably get on the open market. It’s about showing respect to the player that helped lead them to five World Series titles over the past two decades.

But let’s get real here. Jeter wouldn’t get three years and $45 million on the open market – not at 36. It’s up to his agent to get the best deal possible and Jeter’s camp may wind up asking for more, but the Yankees’ current deal is certainly fair for all parties involved.

The Yankees’ pursuit of Cliff Lee begins

Texas Rangers starting pitcher Cliff Lee pitches against the Baltimore Orioles in the fifth inning of their MLB American League baseball game in Arlington, Texas July 10, 2010. REUTERS/Mike Stone (UNITED STATES - Tags: SPORT BASEBALL)

And so it begins.

Tim Dierkes of MLB Trade Rumors (one of the greatest websites known to man) is reporting that the Yankees are flying into Arkansas on Wednesday to meet with Cliff Lee. After dinner, a movie and some not-so-harmless flirting, the Bombers hope to be doing the horizontal polka with Lee within the month.

According to Rotoworld.com, Lee’s agent told the New York Daily News on Monday that he doesn’t anticipate his client signing quickly. Of course, he said this without seeing how many zeros will be attached to the Yankees’ offer, so things could change quickly.

The Rangers still have a great shot to retain Lee, but as I’ve written several times before: they better pony up. That’s not to say that they have to match the Yankees’ asking price (they won’t, and neither will any other team), but they still have to make it worth Lee’s while to stay. He’s going to have another shot at a World Series title whether he stays with Texas or goes to New York, so money will certainly be a factor.

Of course, the one thing the Yankees don’t have is the quiet lifestyle that Lee enjoys. He’s a great guy from the small town of Benton, Arkansas, so the big city lights of the Big Apple won’t to appeal to him like they would another free agent (or so one would think). Still, the opportunity to win a championship and become a gazillionaire may win out in the end.

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