Latest Jeter Rumors: New Offer Never Came, Impasse Stands

Last we heard, things were looking good between the Yankees and their captain Derek Jeter. Jeter’s camp reached out to them Tuesday night and the Bombers were supposedly ready to increase their offer to him from three-years and $45 million to three-years and $51 million with a possible fourth year option.

Today Mark Feinsand and Bill Madden of the NY Daily News have some not so nice updates:

  • Jeter and his agent reached out to the Yankees Tuesday night.
  • Hal Steinbrenner, Randy Levine, and Brian Cashman were there.
  • Money and years were not the main topics of discussion instead they talked about how they could bridge the enormous gap between them.
  • Both sides agreed that everyone wants Jeter to return next year.
  • After the meeting the Yankees expected Jeter’s agent Casey Close to get back to them on Wednesday, but that never happened.
  • The Yankees are worried this means the impasse will stand at least until the winter meetings.
  • The Yankees have not increased their 3-year $45 million deal and the Troy Tulowitzki deal has emboldened them to take a hard stance.
  • Major League Baseball is happy the Yankees are not overpaying Jeter.

All of this adds up to bad news. It’s not, ‘oh, my gosh Jeter might leave the Yankees’ bad, but this does mean that the progress we thought they had made Tuesday night might not have actually happened.

Of course this could all be reversed by as early as today, but from what it sounds like Jeter and his agent still have some big concessions to make.

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