Here’s Jon Heyman (SI) on Derek Jeter:
He did well to get a $189 million contract last time, wisely following the lead of Rodriguez’s $252 million Rangers deal. But the team can’t claim to be at all unhappy with how it’s turned out, either.
They know they can’t let him go. And he surely can’t imagine himself elsewhere, either. This is a marriage that works. The guess here is that after 2010 the Yankees re-sign him for at least $60 million over three years, perhaps a little more than that.
$60 million or more over a three year period seems like an extremely large gamble, especially when you’re dealing with a player that will be 36 at the end of his current contract. However, Jeter has essentially “fixed” himself, defensively, and is still producing offensively (“still producing” is an understatement). According to Fangraphs’ value data, this year, Jeter has been worth 6.2 WAR and should be paid about $28 million for his production in a contemporary market. Therefore, assuming that he produces at a similar level in 2010, Jeter can certainly ask for $20 million per year, or more, and mean it.
However, there is no guarantee that Jeter will warrant $20 million per in 2011-2013. He’ll still be hitting in Yankee Stadium, yes, but at some point the bat speed begins to fade and the legs begin to go. The Yankees will obviously look at age as a factor in their negotiations (it would be bad business not to). For that reason, I actually think the deal will end up being less than $60 million, but it’s really up to Jeter since he holds all of the cards. After all, he is the all-time hits leader.
If you enjoyed this article, please consider sharing it!
5 Responses to Jeter's next contract
Leave a Reply
TIQ IQ
One quibble
“Jeter has been worth 6.2 WAR and should be paid about $28 million for his production in a contemporary market. ”
If his value is 28 mil to the team, then he should be paid something less than that. The team and owner needs to make money too, obviously. I like Heyman’s estimate, 3/60 sounds about right to me.
I don’t think they can get away with a 3 year contract he is going to want at least 4 years and I would think he would really be after a 5 year deal so he doesn’t have to deal with it until the end of his career. The real deciding factor is if he decides to move to a new position because if he wants to be a starting SS in 2011 it isn’t going to happen, at that point he will need to move to LF and be paid and treated as a 36+ year old LFer.
$20 mil for a 36 year old SS…I don’t see it!
More like $15/16 mil per year, he is not irreplaceable. Yes, it would hurt to lose him but, who is going to pay him that kind of money? He has the best supporting players around him now, why go somewhere that has less of a team and less chance of winning it all?
No, I don’t think he has all the cards, if he wants to win, set records and get into the HOF…he stays.
One year at a time! Jeter does not want to play for any other team.
I still cant believe they gave that bum arod the deal he got and yet there is talk of only a 3 year deal with jeter for less money. I think this will be jeters last contract that he wants to sign so, look for 5 years and 125 million. Do any of you really think the yankees are not going to take care of him? stats or no stats he should get paid more than arod per year…