Yankees Won’t Offer Jeter Arbitration

The Yankees are not expected to offer their captain Derek Jeter arbitration today, according to Marc Carig of the Newark Star-Ledger.

This takes away the option that two sides could settle on a one-year contract and avoid these lengthy negotiations. It also means that if Jeter actually did leave and go somewhere else, they won’t get a pair of draft picks as compensation.

So why would the Yankees do this? Jeter earned $21 million last season and could earn at least that much or more through arbitration. The Yankees definitely want him back, but they’re looking at trying to resign him at a reasonable contract. Also, if Jeter had a big 2011 it could be even harder to avoid giving him a contract that takes him into his 40′s.

Unfortunately there is one big draw back to this. It means that he won’t cost any teams draft picks to sign. That means he’s more likely to get a good offer somewhere else and potentially provides Jeter with more leverage in deals.

Don’t worry, there is still a 0.00001 percent chance Jeter is going anywhere.

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