But now Jayson Stark of ESPN has the latest update:
The New York Yankees informed Derek Jeter‘s agent, Casey Close, on Thursday that the team was willing to improve its original three-year, $45 million offer, according to a baseball official who was told of the exchange.
It wasn’t known if the Yankees made a new offer, because the official offered no further details. However, there have been several reports in recent days that the team was open to slightly increasing the number of dollars in its offer, though not necessarily guaranteeing more than three years.
The other day we heard that the Yankees might up their offer from three-years and $45 million to three-years and $51 million with a fourth year option. They’re not coming anywhere close to the $90-something million that Jeter is supposedly looking for. So that $51 million offer seems reasonable.
The Yankees seem determined to get this done by Monday when the winter meetings start. That way they could focus all of their attention on Cliff Lee.