Derek Jeter’s soon to be expiring contract is an issue that this blog has tackled multiple times during its brief existence. However, we have provided many questions and few answers as to what the Yankees should do following the 2010 season. There is one number that I think might help the Yankees make this decision: 16.6 million.
Derek Jeter was worth 16.6 million dollars last season (according to Fangraphs), a season widely considered his worst since his rookie year. His improved defense fully compensated for the decline in his hitting ability. I expect him to hit considerably better this season, assuming that he can avoid injuries such as the one he sustained last May. Unless Derek’s performance does a total cliff dive, I would offer him either 3 years/45M or 4 years/54M. While he may not be earning every cent of that money on the field by the end of his contract, his value as the most marketable and respected player in the game is something that makes him more important than his baseball production. The Yankees are not going to let “baseball’s captain” go, and I think the deals that I mentioned would leave the Yankees as the highest bidders. Hopefully the two sides will reach an accord, and Jeter can end in his career in pinstripes.
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