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Jeter Asking 6 Yr/$150 Mil ($25 Mil per) - cause of Arod contract
4 years ago  ::  Nov 26, 2010 - 9:13AM #1
Cleese
Posts: 4,375

Derek  Jeter’s  representatives are asking for at least $80MM more than the Yankees are  willing to offer in negotiations for the free agent shortstop,  according to Bill Madden of the New York Daily News. The  starting point for Jeter and agent Casey Close was six years and  $150MM, according to Madden, who reports that the Jeter camp is not  budging from demands for a $25MM annual salary. Alex Rodriguez’s contract “is at the cruz of Jeter’s and Close’s stance,” according to Madden.

mlbtraderumors.com

New York Yankees
4 years ago  ::  Nov 26, 2010 - 9:19AM #2
Cleese
Posts: 4,375

Yanks Shouldn't Have to Budge Off 3 Yr/$45 Mil






Turns out when Hal Steinbrenner said these Yankees-Derek Jeter negotiations might get "messy" he wasn't merely posturing. But did anyone really believe they'd get this messy?


Some day, somehow Jeter and the Yankees are going to tie the knot again, if only because it would be suicidal  on both their parts not to. But right now they're at least $80 million  apart, probably more, and neither side is budging. If you ask me, the  Yankees shouldn't have to budge off their reported three-year, $45  million offer to their iconic team captain for a lot of reasons. The  problem is, in taking the justifiably hard line they have, telling Jeter  to go shop their offer to see if anyone else is inclined to even come  close to matching it, much less topping it, they've now painted him into  a corner from which it will be hard to get out of and still save public  face.


Better they should have just told the world how greedy and unreasonable Jeter and his agent, Casey Close,  are being in this negotiation. To do that, however, apparently would  have been to betray an agreement the two sides made going in - which was  not to negotiate in the media or reveal each other's positions. The  reason the Yankees' offer is out there is because whenever a club makes  an offer to a free agent it becomes common knowledge in the central  offices of baseball and throughout the industry. On the other hand, the  players' and agents' asking prices never get revealed unless they  themselves let them be known.


Throughout this process, Close and Jeter have never revealed what  they're actually looking for - which is why so many Yankee fans,  opposing club officials and nationwide media types are asking: Why are  the Yankees treating Jeter this way? But sources close to the  Jeter/Close camp have said their starting point was six years, $150  million and that they aren't budging on $25 million per year - which  would effectively get the captain about even in annual average salary to  Alex Rodriguez, the real benchmark from their standpoint in this negotiation.


I suspect this is why Yankee GM Brian Cashman lashed out the way he did the other day after Close told the Daily News' Mike Lupica he was "baffled" by the Yankees' hard-line stance with Jeter.


Cashman is clearly frustrated. The Yankees made no secret of where  they were coming from in this negotiation - that it was a baseball  negotiation, a business negotiation, and not a public relations and  marketing negotiation. Just the same, they structured their offer to be  significantly higher in both years and dollars than any 36-year-old  shortstop, coming off a season in which he hit a career-low .270 and his  OPS dropped 161 points to .710, also a career low, could expect in the  open market. They did that because, as everyone knows, Jeter is not just  any shortstop. He is an iconic Yankee shortstop, and, as such, the  Yankees are prepared to pay him upwards of $2 million more than any  middle infielder in baseball today for the next three years. Add the $45  million to the $200 million they've already paid him and, at nearly  $250 million, Jeter will have been paid more than any other player in  the history of baseball except A-Rod and (when he gets his next deal) Albert Pujols.



www.nydailynews.com/sports/baseball/yank...



New York Yankees
4 years ago  ::  Nov 26, 2010 - 9:24AM #3
Cleese
Posts: 4,375

Assuming this report is true...

I may not agree how the Yankees have made this so publics but; Im sorry, this is just straight greed from Jeter's standpoint. The "what ever is best for team" talk that Jeter has already said is seeming to be getting thrown out the window.

New York Yankees
4 years ago  ::  Nov 26, 2010 - 9:28AM #4
BigGuy
Posts: 47,869

Explaining the Yankees behavior towards Jeter


By                         Joe Pawlikowski 


When the Yankees started talking about the Jeter negotiations to the  media, we knew something was afoot. Why would they go out of their way  to make their position clear? Why would they strongarm a player who has  helped define the franchise? While most fans didn’t appear to have a  problem with the Yankees offering Jeter three years at $45 million, they  did have a problem with the way the Yankees conducted themselves. In  today’s Daily News, Bill Madden gives us the answer.



But sources close to the Jeter/Close camp have said their  starting point was six years, $150 million and that they aren’t budging  on $25 million per year



The Yankees, I’m sure, would have preferred to reveal Jeter’s  position and leave it at that. Few, if any, fans would side with Jeter  at that point. But the two sides have an agreement to not reveal the  other’s position to the media. That’s actually what makes this leak so  odd. If the Yankees broke their word and leaked it, why would they have  started the war of words earlier this week? With Jeter’s position known,  words are unnecessary. It is self-evidently ridiculous.


On the other side, why would Jeter’s camp ever let a figure  like that reach the media? It obviously will not help them garner any  further support. The general tenor among fans seems to be that 3/45 is  fair, but that the Yankees shouldn’t spend so much time telling the  world how fair it is. How does anyone close to Jeter think that leaking a  six-year, $150 million demand will make anyone see their side? It only  makes the 3/45 offer appear more fair. And it also, in a way, justifies  the Yankees media barrage. I, too, would lash out if my negotiating  tactics were termed “baffling” when my offer was fair and the player’s  was the height of absurdity.


But before we get into a tizzy over this, there are two things to  remember. First, these might not actually be Jeter’s demands. “Sources  close to the Jeter/Close camp,” is ambiguous as it gets — maybe a step  better than “someone familiar with their thinking.” This might be a  misrepresentation for all we know. Second, this is just Jeter’s opening  position, just as 3/45 is the Yankees opening position. Of course, if  Jeter really won’t budge on $25 million per season he might end up  sitting out 2011. Or else playing for $8 million elsewhere. Because the  Yankees aren’t going near that figure.


We’ve been hit by a wave of Jeter news and speculation lately, to the  point where most of us probably don’t want to hear it any more. We  might be in luck. With the two sides so far apart and with the Yankees  having a number of other items on the off-season agenda, I imagine that  we’ll see the Yankees taking care of those more reasonable priorities.  This isn’t to say that they’ll break off negotiations, but rather that  there’s no sense in talking until Jeter realizes that he’s not getting  anything near $25 million per season. After all this, silence might be  the Yankees’ best weapon.


River Ave Blues


riveraveblues.com/2010/11/explaining-the...
"Jay Z got him a big raise, but he also got him a 30-day vacation – it’s called October," --Pete Rose
4 years ago  ::  Nov 26, 2010 - 9:30AM #5
BigGuy
Posts: 47,869


Incentive-laden contract would end impasse between Yankees and Jeter


Joel Sherman   NY POST


Last Updated: 5:30 AM, November 26, 2010





It is Thanksgiving weekend, time for peace and coming together. So as a holiday gift to those nouveau enemies -- the Yankees and Derek Jeter -- I have come to broker a truce.


Ultimately, the sides are going to reunite at some point -- unless you  really see the possibility of Jeter as a San Francisco Giant or the  2011 Yankees lining  up with Eduardo Nunez as the starting shortstop. Maybe it is too late  to salvage an ideal union because Jeter, in particular, tends to be  unforgiving of those he feels have slighted him. So we might, for  example, see the passive-aggressive Jeter emotionally detach himself  from some of the day-to-day elements that he has taken on previously as  Yankees captain and icon.



 EYEING THE FUTURE: A six-year, $75 million contract with incentives for the final three seasons would be the best contract for Derek Jeter and the Yankees, Post columnist Joel Sherman says.
Anthony J. Causi

EYEING THE FUTURE: A six-year, $75 million contract  with incentives for the final three seasons would be the best contract  for Derek Jeter and the Yankees, Post columnist Joel Sherman says.






For now, though, this is a negotiation, and when done best both  sides give a little and get a little to forge a settlement. The end  result is that neither party looks like a loser publicly and that both  sides can curry favor with the fans by showing how they budged to  preserve a worthwhile marriage.


At this point, we know the  Yankees have most of the leverage, notably because they recognize Jeter  does not want to go anywhere else for a variety of reasons, including  his appeal now and post-career to corporate America is in being a Yankee  for life. Jeter's leverage was damaged further by having his worst  season in 2010 and because he turns 37 next year. Aside from Honus Wagner and Luke Appling, no shortstops in big league history have excelled at that age or older.


Conversely, Jeter's case is built around emotion: Do the Yankees  really want to mistreat a player who has so ideally personified their  brand for the past 15 years? Do they want to risk scaring off players  who might think: "If they get tough with Derek Jeter, what will they do  with me?" Do they want to gamble that alienating Jeter can damage the  relationship to such an extent that it hurts in the organizational  pocketbook because selling history is so central to the Yankees'  business model?


Frankly, I think the Yankees are fine here.  Their three-year, $45 million offer is probably way more than any other  team would bid. Therefore, every additional penny proposed represents  bidding against themselves. I believe Hal Steinbrenner feels similarly. Because no way -- none -- does general manager Brian Cashman deliver  the bold, acerbic comments he has made recently unless they have been,  at the very least, blessed by Steinbrenner and, at the most, written by  the owner.


Nevertheless, Steinbrenner is in charge of  protecting more than the organizational coffers. He is in charge of the  legacy, as well, and disillusioning Jeter to save a few dollars might be  penny wise, and pinstripe foolish for the son of George.


So  how can both sides move toward each other? Here is the Thanksgiving  gift: The Yankees give Jeter a six-year, $75 million contract that  breaks down as $20 million a year from 2011-13 and $5 million a year  from 2014-16. The twist is that each $5 million year becomes a $20  million season if Jeter reaches 500 plate appearances in the previous  campaign. Thus, for example, if Jeter remains a full-timer in 2013 and  totals at least 500 plate appearances, then he would make $20 million in  2014 rather than $5 million.


WHY WOULD JETER DO THIS? He is paid in the first three years of this deal the way he believes  his star power deserves, and then he gambles on himself that he remains  an asset through age 42. If he does, Jeter would max out this contract  at six years, $120 million, which actually would make his second  long-term deal with the Yankees worth more on annual average ($20  million) than his first ($18.9 million). At worst, he is guaranteeing he  spends his whole career as a Yankee and is paid through his age-42  season, just like his fre nemy, Alex Rodriguez.


WHY WOULD THE  YANKEES DO THIS? The average annual value of six years at $75 million is $12.5 million.  That is significant because luxury tax is com puted based on annual av  erage value of multi-year contracts. So at the 40-percent tax they are  paying now that would be an additional $5 mil lion a season. Thus  between base pay and tax, the Yankees would be spending $25 million a  year on Jeter, down from the $26.46 they were paying at the end on his  last contract (this is assuming the tax stays the same in the next  Collective Bargaining Agreement).


Between base pay and tax on  their three-year, $45 million offer, the Yankees would pay $21 million a  year for three years. On the six-year, $75 million offer, the Yankees  would pay an average of $17.5M.


Now if any of those $5 million  seasons vests, the Yankees would pay tax on $20 million in that year  rather than on $12.5 million. But the Yankees would be happy to do that  because that would mean Jeter was still a full-time, productive player.


In many ways this is still a three-year contract with the big money up  front over that period. If Jeter is done as an effective player after  three years, then the Yankees would be giving a $15 million buyout  spread over 2014-16.


Considering that they pay Kei Igawa $5 million a season not to play, that seems like an acceptable poison pill with Jeter.


joel.sherman@nypost.com




Read more: www.nypost.com/p/sports/yankees/jeter_so...


"Jay Z got him a big raise, but he also got him a 30-day vacation – it’s called October," --Pete Rose
4 years ago  ::  Nov 26, 2010 - 9:31AM #6
BigGuy
Posts: 47,869

I thought I'd throw in a couple articles to help your thread for those who didn't see them in my News thread.   Lots of ideas being thrown around. 

"Jay Z got him a big raise, but he also got him a 30-day vacation – it’s called October," --Pete Rose
4 years ago  ::  Nov 26, 2010 - 9:35AM #7
Cleese
Posts: 4,375

From my point of view - Just when the pendulum was starting to swing a little over to Jeter's side because of the unnecessary public airing out of this fiasco from the Yankees, a report like this has the pendulum swing back towards the Yankees side.

New York Yankees
4 years ago  ::  Nov 26, 2010 - 9:39AM #8
Cleese
Posts: 4,375

Nov 26, 2010 -- 9:31AM, BigGuy wrote:


I thought I'd throw in a couple articles to help your thread for those who didn't see them in my News thread.   Lots of ideas being thrown around. 






Thanx. Thats why I posted this thread - cause a lot of people wouldnt have seen it in the News thread.

This is the first thing I woke up to this morning. Wake up, go look at my phone to see what time it is and I see a Push Notafication about this new report.....

New York Yankees
4 years ago  ::  Nov 26, 2010 - 9:42AM #9
TheStripes
Posts: 1,752

Nov 26, 2010 -- 9:13AM, Cleese wrote:


Derek Jeter’s representatives are asking for at least $80MM more than the Yankees are willing to offer in negotiations for the free agent shortstop, according to Bill Madden of the New York Daily News. The starting point for Jeter and agent Casey Close was six years and $150MM, according to Madden, who reports that the Jeter camp is not budging from demands for a $25MM annual salary. Alex Rodriguez’s contract “is at the cruz of Jeter’s and Close’s stance,” according to Madden.

mlbtraderumors.com




 


6 years 150 million? No wonder the Yankees came out with their hard line stance this is absolutely ridiculous. They are already offering to make him the highest paid middle infielder in the game, a title that is undeserving considering his performance. At some point Cano will be up for renegotiating his deal and any overpayment to Jeter will cause a ripple effect in deals down the line with other players.    Praise the lord Andy is humble, 'cause Jeter could sure use some humility.

The Lord will either calm your storm . . .  or allow it to rage while
       He calms you. ~ unknown
4 years ago  ::  Nov 26, 2010 - 9:58AM #10
MiAmigas
Posts: 194

Well, I would say the Yankees are in the driver's seat,as Jete doesn't have any offers for that obscene amount..He's no more worth that kind of money than A-Rod is...

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