Sunday, November 28, 2010

So it’s not $25 million/year; it’s only $23-24 million/year

After yesterday’s ride on the Jeter Express, we are now “learning” that the demands of out the Close/Jeter camp are/were closer to $23-$24 million per year, not $25 million. And the term was shorter at four-to-five years. Glad that’s settled. From the NY Times:

Derek Jeter’s agent, Casey Close, is currently asking the Yankees to agree to a new contract of either four or five years at $23 to $24 million a year, according to a person in baseball who had been briefed on the matter. [...]

The person familiar with the bargaining, said the Yankees and Close have been frozen at their offers for the last week and that in recent days there had been little, if any, negotiating. [...]

Still, the current offers — three years at $15 million a year by the Yankees and a maximum five years at $23 to $24 million by Close — suggest an obvious compromise in which the two sides would settle at four years and, say, $19 million a year.

That is still a huge chasm, ain’t it? Yanks offering $45 million and Jeter’s demands start at $96m. Has anybody seen the bridge?

(click “view full post” to find the bridge)

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