Thursday 27, Jan 2011
Shortstop Derek Jeter reaches $67m deal with Yankees
The New York Yankees and Shortstop Derek Jeter reportedly reached a preliminary agreement recently on a US$51 million ($67 million), three-year contract with an US$8 million player option for 2014.
There was little doubt that the Yankees captain would remain in New York while negotiations moved slowly.
From NZHerald.co.nz:
Unlike A-Rod, who admitted using steroids before his time with the Yankees, Jeter has been a model citizen since coming up to the Yankees in 1995 and winning the AL Rookie of the Year award the following season.
He helped lead the team to World Series titles in 1996, 1998, 1999, 2000 and 2009, setting a standard admired and envied throughout baseball.
Jeter’s 2010 season made the contract situation more complicated. Despite winning his second consecutive Gold Glove and becoming the oldest AL shortstop to win the award, he showed less range. And he declined at the plate to a .270 average with 10 home runs, down from a .334 average and 18 homers the previous season.
While his RBIs increased by one to 67, his on-base percentage fell from .406 to .340 and his slugging average dropped from .465 to .370. New York also has been working to settle a US$30 million, two-year agreement with closer Mariano Rivera, which also contains deferred money.
The guaranteed portion of the contract offered to Jeter includes a US$3 million buyout if the option is declined. If it is exercised, he would earn US$56 million over four seasons.
Tags: A-Rod, baseball, Derek Jeter, New York Yankees, steroids, Yankees captain
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