The Yankees have offered free agent shortstop Derek Jeter a three-year contract worth $45 million. Jeter and agent Casey Close are seeking something longer, at a salary more like $22-23 million per year. It should come as little surprise, then, that talks have recently broken off, as Jeter and the Yankees haven’t held contract talks in more than a week.
Derek Jeter Contract Negotiations With Yankees May Soon Pick Up
But according to Newsday, the Yankees are hoping to resume negotiations this week. Taking place next week are the Winter Meetings, during which there will be a flurry of activity and Cliff Lee may choose his destination, and the Yankees are going to want to have as many questions answered as possible in advance. The Winter Meetings would be made all the more tricky by continuing uncertainty over Jeter’s future in New York.
It’s worth noting that Close and Jeter have yet to submit a formal proposal of their own. While their reported demands have made headlines across the country, they still haven’t drawn anything up, and their first proposal may end up being more reasonable than what’s been discussed to date.
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