Jeter Talks Have Gone On Way Too Long, Already

What are the Yankees doing? And what are they thinking? Sign Derek Jeter to a new contract, already. In my view, these drawn-out negotiations are starting to become an embarrassment to the whole New York Yankees organization.

No matter how anyone wants to spin these negotiations, it is very clear the next contract that Jeter signs with the Yankees has very little to do with his overall play on the field and at the plate [which is still better than most shortstops in baseball, by the way]. It’s all about the “Captain” as an all-time iconic player in the history of the Yankees franchise, standing along side the greatest of the greats in pinstripes: Babe Ruth, Lou Gehrig, Joe DiMaggio, Mickey Mantle, Bill Dickey, Yogi Berra, Phil Rizzuto, Whitey Ford, Mariano Rivera, and many other All-Stars and Hall of Famers.  

Of course, Jeter is near the top, right behind: Ruth, Gehrig, DiMaggio, Mantle, and Berra. And when he finally does retire, he will become the next great link to carry on the awesome Yankees history and tradition at future Old-Timers’ Days at Yankee Stadium over the next 40 or 50 years. It will be Derek Jeter who will be announced last at these events, called out onto the field from the dugout to thunderous rounds of applause from many different generations of Yankee fans. How will the Yankees Universe be altered if the these current contract talks are allowed to degenerate into any form of disrespect of the Yankees Captain?

The Yankees front office talks about staying within a certain payroll budget of around $200 million, and how these talks with Jeter are “strickly business” and “not personal”.

Well, to be perfectly honest, as a Yankees fan, I could care less about how high the payroll is. It is reported that the New York Yankees are worth $1.5 – $2 billion, and the YES Network is worth about $3 billion. So this is a $5 billion organization that just recently increased ticket prices at Yankee Stadium – ticket prices that are already outrageously way too high. Yet at the same time it seems they want to nickel-and-dime one of their best all-time players. I make this comment in context to the overall net worth of the Yankees, and the overall “value” of Derek Jeter to the Yankees franchise. And I really think this is a fair observation based on the facts that are being reported [so far] throughout the sports media.

In my view, I think it is very important for the New York Yankees to sign Derek Jeter to a contract he is totally happy with, somewhere in the range of four to five years at about $20 million per year, because this would be a very “smart” and “good” business decision.

If for some reason the “UNTHINKABLE” happens, and Derek Jeter does not re-sign with the Yanks – a truly unimaginable thought in my mind – I’m sure all Yankee fans will take this “very personally”.

So in the end, these talks with Jeter are personal, “very personal”. But it is also “good business” to give Derek what he wants!


– Jimmy Curran, “BY&L” – Baseball, The Yankees, and Life …    




  1. raysrenegade

    I think this is actually a good thing for Jeter that it has taken this long so far.
    The Yankees have not issued a “Take it or leave it” stance, and both side might just be waiting until after the holidays to get down to business.
    Jeter has been seen recently in Tampa, Florida at his Davis Island luxury home site possibly securing some last minute additions or subtractions and is less than 15 minutes from the Yankees offices near Raymond James Stadium.
    I think you can earmark ( my guess) December 15th on your calendar as the day it is announced the 2 sides have agree in principle.

    Rays Renegade

  2. jimmy27nyy

    Hi Cliff,

    I hope you are right with your prediction that Derek Jeter and the Yankees will come to a new contract agreement by December 15, 2010 … Maybe the Yankees have not issued a “take it or leave it” offer to Jeter, per se, as you have suggested in your above comments. But, yesterday’s (Tuesday, Nov. 23th) statement by Brian Cashman was very close to a “take it or leave it” offer … Cashman said, “We’ve encouraged him [Jeter] to test the market and see if there’s something he would prefer other than this. If he can, fine. That’s the way it works.” … The statement by Cashman “drips” of disrespect of Jeter … As Jeter’s agent, Casey Close, has said of these negotiations: “The Yankees strategy to argue their points in the press is very baffling.” … And following this whole process through various media reports, I would have to agree with Mr. Close. The Yankees position has been very baffling, indeed … These negotiations are not normal talks with some everyday player just looking to get as much money as he can from his ball club … Derek Jeter is the Yankees “captain”, and an all-time iconic Baseball and Yankee great. The New York Yankees organization should start treating Derek with the respect he has “earned” and “deserves” … With the way the Yankees toss around millions and millions of dollars like so many nickels and pennies, they can [I’m sure] find a way to give Jeter a larger deal than the “three year/$45 million” contract that they have reportedly offered. Any additional money that the Yanks give to Jeter is “money well-spent”, and in my view, a very good business decision !!!
    Thanks for the visit, Cliff (Rays Renegade) !!!
    – Jimmy, “BY&L”

  3. Tom (Flushing's Finest)

    Jeter is being ridiculous right now. Nobody in the right mind would pay him that kind of money. Yankees have offered him a very fair deal and I like how the Yanks just say “go out and test the market” but they’re really saying, “go out, look for offers, and when you don’t get any that you like, come back and take ours.” I’m almost positive he’s a Yankee next year. Unless, of course, the Red Sox give him the contract he wants just to tick off the Yankees a little bit… hahaha.

    Great blog by the way! You make a lot of great points in your entries.

    Faith and Fear in Flushing

  4. jimmy27nyy

    Hi, “Faith and Fearing in Flushing” …

    Well, it would be very interesting to see if any other team would even consider talking to Derek Jeter about playing for their team … If another offer was made to Jeter by some other team [for more money], would the Yankees match that offer? Or be forced to offer more money and years? … The Yankees front office has opened that possibility, sending Jeter out the door to see what other offers may be on the open market … But I cannot even imagine Jeter signing with another team !!! … The papers are having fun with these talks, though … On the back page of today’s (Nov. 24th) New York Post, there was a picture of Jeter in a Red Sox uniform. And in the sports section New York Daily News, they had pictures of Jeter in uniforms of: the Red Sox, Mets, Phillies, and Dodgers … It just doesn’t look right with Jeter in these uniforms. The only other uniform Jeter looked good in [other than the Yankees uniform] was the U.S.A. uniform when he played on Team U.S.A. during the World Baseball Classic … Hopefully, an agreement will be reached soon, before these negotiations become any more disespectful to Jeter !
    Tom, thanks for your visit, and kind words about my blog !!!
    – Jimmy “BY&L”

  5. Jane Heller

    Jimmy, I agree with your sentiments exactly. Hank Steinbrenner said, “We’ve made him richer than some of his bosses.” But how many T-shirts have those bosses sold? How many people have they put in the seats at Yankee Stadium? How many championships have they won? I think the Yankees’ offer is fair, but I also think they can afford to give him another year if that’s what he wants. What’s the big deal? Happy Thanksgiving!!!

  6. jimmy27nyy

    Hi Jane … Thanks for the visit !!!

    Yeah, these Jeter talks have me “baffled”, as Jeter’s agent Casey Close stated early on during the contract discussions … I really thought [as I’m sure most Yankee fans have also thought], that a new contract would have already been signed before the Thanksgiving Season … Now, the Winter Meetings are only a week away, and there still is no deal in sight for Jeter … Like you mentioned in your above comments, Derek Jeter brings many special intangibles to the New York Yankees franchise. And, in my view, it is very “foolish” and “not” good business for the Yankees to be dragging out these talks as long as they have so far … The Yankees have plenty of money, and if they are going to “overpay” any player, [which seems to be the front office’s position regarding Jeter], then the “captain” is certainly a player that should get as much as he is asking … The Yankees Universe would not be the same without Derek Jeter on the team and at shortstop !!!
    Jane, I hope you and your family had a great Thanksgiving Holiday !!!
    Best Wishes,
    Jimmy, “BY&L”

  7. scofid

    Hi Jimmy,

    I don’t understand why the Yankees seem to “nickel and dime” the upper echelon. At that point, what’s a few million more dollars. There was no reason for the Jeter negotiations to get so adversarial…and public. I am glad that they worked out their differences, but this does concern me about the current ownership. At the moment, I think the Yankees are a half step behind the Red Sox. Boston has pitching, hitting and defense. But obviously, I am not going to concede anything at this point. Still, I am hope that the Yankees can solidify the bullpen if they can’t find a suitable starter in the trade market. We’ll see.

    I hope you had a great holiday season!

    Take care.


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