Via the NY Post:
“While it’s not our intent to negotiate the terms of Derek’s free agent contract in a public forum, we do agree with Hal and Brian’s recent comments that this contract is about business and winning championships,” Jeter’s agent, Casey Close, said, referring to recent comments by Steinbrenner and GM Brian Cashman. “Clearly, baseball is a business, and Derek’s impact on the sport’s most valuable franchise can’t be overstated. Moreover, no athlete embodies the spirit of a champion more than Derek Jeter.”
This is a reminder to those who think that the Yankees can merely offer Jeter a contract as if he’s any other free agent. He’s not, he’s a five time World Series Champion. He helps the Yankees not only on the field, but off it. They don’t just sell baseball, they sell Jeter’s face – on TV, in magazines, on T-shirts, on posters.
Jeter is only 74 hits away from 3,000 for his career and you’d better believe that after he gets hit 2,995 that every seat in Yankee Stadium will be sold out for a week straight.
FanGraphs said that Jeter was worth $9.8 million in 2010. So realistically, there is no chance that he gets less than $10 million annually. He just earned $21 million in 2010. What he ends up with will be somewhere between those two numbers.
Figuring out what that number is, is where it might get ugly.