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Tuesday August 16th 2022

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New York Yankees and Derek Jeter Close to New Contract

Yankees and Derek Jeter's agent, Casey Close, are making "substantial progress," and a deal appears to be at hand.

The deal is expected to be completed as early as Saturday, with Jeter receiving in the $15 to $17 million range annually for a three-year deal with a fourth year option.

It is going to be a very creative deal, according to people briefed on the negotiations, and the final issues are how the fourth year is going to be treated—it will not be a vesting option—and the exact amount of guaranteed dollars.

Both sides made significant compromises the past two days to try to reach an agreement with the Yankees' iconic shortstop.

Jeter, 36, is coming off the worst offensive season of his career, with ...

Read Full Article at Bleacher Report - New York Yankees


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