Hal Steinbrenner, Brian Cashman and Randy Levine have all said this week that the Yankees have been in ongoing talks with Derek Jeter’s representation. This morning, Joel Sherman reported that an offer could come within the next few days.
Sherman is hearing an initial offer of three years, close to $45 million. Sherman says the Yankees are likely willing to go four years to make the deal work, while Wally Matthews reported last night that the Yankees are willing to include significantly more money.
“Derek Jeter is a great Yankee and he’s a great player,” Levine told us last night. “That said and done, now is a different negotiation than 10 years ago.”