VOTE: Does even Derek Jeter have a finite financial value?
Wednesday, February 10, 2010 at 11:04 pm by SJK
While we'll have to wait until after the upcoming season to see what fate decides for Derek Jeter and the Yankees, the media has been abuzz with speculation on how much Derek will demand and receive. So we ask you...out of appreciation for one of the most beloved players in team history, should the Yankees roll out the red carpet for The Captain? Or, is there a value where paying a player in his late-30s becomes too much? Vote and let your voice be heard.
Remember hthat he is “Captain Intangible”
What choice do they have? Not only do you have to factor in his popularity and what he did for the team, but also that they don’t have anyone to replace him. There’s no one in the system and there’s not a single attractive free-agent shortstop.
Give him whatever he wants. Knowing Derek he will be “reasonable.” Can’t picture the days without him at SS. Just think about all the “moments” and records he can break over the next, say 4 years. Will be worth all the money they pay him.
5 years at 25 a year. why not. If they gave Posada a 4 year deal as a catcher at his age, no reason why they can’t offer a similarly long term deal (more money of course).
Oh Captain, My Captain.
I am blindly in love with you
He’s worth about 3 mill a year
Jeter excretes gold
Well, in truth, there actually is a limit that the Yankees will pay Derek Jeter, yet there is also no question that he isn’t going to wear any other uniform. It’s a very odd situation.
They aren’t going to give Jeter as much as A-Rod, even if he demands it. Yet, if for some reason, he refuses over and over to back down from that demand he will eventually get it…. unless fans turn against him.
Hopefully they just give him 20 million a year for however many years he wants.
I say cap him at about 10 million a year. The Yankees have excellent in-house options looking for playing time.
he will never be a gold glove SS
I will overpay Jeter over doing the pig-screw SS merry-go-round that theo Epstein has endured over the past 5 seasons.
Say he asks for $25 mil a year for 4 years?
I’m guessing it will be a 4 year 68 million dollar deal. Taking a wild guess at it.
That I could deal with, Butcher, and I hope Jeter is reasonable in his demands. But I’m worried what will happen if he asks for 4 years at $25 million per. My inner-fan would want the Yanks to sign him at any cost, but the rational side of me would resent Jeter a little bit for forcing the Yanks to even consider turning down an all-time great. Let’s just hope the deal is as palatable as the one you proposed so that we can avoid the fan and media fallout.
4/68 would be fine, but I could totally imagine him pulling the Arod card on them.
Jetes does seem like he could be an arrogant mofo.
The A-Rod card doesn’t apply, because the Yanks don’t have to pay for his age 32-35 seasons with a bigger deal. It’s why A-Rod had to opt-out when he did, because even without the hip surgery or the steroids admission he wouldn’t have gotten the last seven years of his current deal if he waited.
I agree Kevin S. But do you think Jeter will say, “Well, this is for my age 36, 37, 38, 39 seasons” or “Arod’s getting $30 mil a year and I am the face of the franchise?”
18 / year thats the most id go and thats overpaying
Jeter will voluntarily sign for the league minimum with a perpetual player option.
Here’s a better question. What do you pay a 41-year old closer, if said closer’s 2010 season replicates his 2009 season?
I don’t think you go more than 3/50 on Jeter. I mean seriously, he can keep putting up crazy numbers but there’s no way he can keep it up forever. If he puts up another season like 2009 though, it could get interesting.
The thing most people don’t realize is that Jeter also needs the Yankees. No other team will come anywhere close to 3/50 on Jeter and still have a good chance at making the playoffs. Not only that, but the endorsements he gets in New York just aren’t the same as he’d get in Arizona or San Diego.
Jack says:
February 11, 2010 at 8:38 am
he will never be a gold glove SS
…..you realize he won the gold glove this year right? I’m not saying he deserved it but he was crazy good at short this year compared to previous seasons.
Remember how big a deal it was Gwynn and Ripken retired that they would be the last two players with significant careers to only play for one team? I think that’s a bit of an ego-tester for all three: Jeter, Mo AND the Yanks.
I think both Jeter and Mo will be good about not forcing the Yanks to overpay, while the Yanks will be good about rewarding their careers with this final contract for both of them. The figures will be too high for their current talent and abilities, but not too high for the Yankees budget and their desire to give out essentially a “lifetime achievement” contract.
He’ll get a deal that makes him a Yankee for life, and it will have little to do with his 2010 season, good or bad. The world is different than when A-Rod signed, or even when Jeter signed his last contract, and even the Yankees have to acknowledge that. However, his value to the team transcends his physical contribution on the field, period. If he put up these numbers in Kansas City he’d be making $8 million a year, but he’s in New York, he’s going to stay in New York and, let’s be honest … the most important thing Jeter does for the Yankees is to put asses in seats, something they can’t afford to screw with right now.
.This is where the a A-Rod deal will hurt the Yankees. Although i like A-Rod, how is it gonna look to Jeter, one of the most loved Yankees in their history, that they only want to sign him to a 4 Year deal, when they have A-rod signed to 2017.
it’s a dead heat!
So, let him pull the A-Rod card. Let him ask for $25 million a year for four years. Just say no. It’s not as if someone is going to offer him more, or for that fact, no team will offer him anywhere near that. Is he going to leave the Yankees to play for less than the Yankees will pay? Of course not.
Memo to Jeter: Pay cut coming.
I’d love to see him do a Tim Wakefield style deal. $4-6 Million per year on an annual team option basis.
The money he would make in endorsements over the remainder of his career, in New York, would far exceed the endorsement deals he could get anywhere else. NY can underpay him based on the market, for this reason alone. His net earning potential will continue to be far greater in NY than anywhere else when combining both salary and intangibles…
No way he takes $4-6 mil but I see your point about endorsements. But he is definitely an arrogant SOB. I think he’ll play hardball.
Do you think there’s a team that would pay him more than 17/18 mil a year? If so who would that team be? That’s a pretty good question….
I think MO will keep getting one year deals for top money until he decides to call it a day. *top money for closers. I have no problem with that scenario either. The guy is just a freak of nature.
I think both sides will want to work it out. I would be Ok for 4 @ 80 million. It’s one year too long but DJ is and should be a Yankees.
I just hope he doesn’t pull a Johnny Damon. If he asks for A Rod money or 25 million I would say no. No one else in baseball especially in this economy can pay that much.
The Yankees would be competing against themselves and you can tell the size of the payroll annoys Cashman everytime its mentioned.
My boy Jeter won’t get my kind of money but Yanks will give him a nice pretty penny to take him into baseball retirement. As for Mo, we all already know he’ll be around until his body says enough is enough. Freak of nature that guy I tell you.
Yeah, I think Mo is a much better candidate for a Wakefield-style perpetual option, though it’ll be north of eight figures a year.
I think Jeter should get every last dime out of the Yankees, as should every player for every team. The idea that teams would lower prices if the players made less money is untrue; I believe they will charge us as much as they can per seat until we stop paying it. The players are the entertainers and if they don’t take the money, ownership will; they aren’t going to pass it on to us in the form of ticket or concession price savings.
Bomber. I agree with you, but I think what everyone’s getting at is…the Yankees aren’t going to just cave into every demand…so we’re just trying to pin down what an idea for what he’s worth.
I hope the guy gets a 100 million…I could care less…I’m not going to a game this year…I don’t really like the new stadium. The seats, for the most part, are too far away from the field…they are ALL over priced…and it’s just cheaper for me to watch at home on the MLB package. Just not worth it for a guy like me anymore….not enough cash or time to go to as many games as I used to.
“they are ALL over priced”
Not sure if you’ve had the pleasure of watching a game from the bleachers in the new place, but those tickets are still only $14 a pop. Maybe most of the seats are overpriced, but there are still good, affordable places to watch the game in the new stadium.
Yeah, there are plenty of affordable seats in the new stadium and I don’t see how the seats are too far at all. Every seat I’ve sat in has superior views to the old stadium in a comparable section. I’m not saying that you have to like the new stadium, perhaps you don’t care for it aethethically, perhaps the “Legends Seats” run you the wrong way, but I don’t buy the argument that the views are not good.
The Yankees were very receptive to a lot of fans’ complaints during the season, and I think they’ve made a lot of progress. I also expect tickets to be easier to come by this season as the brokers aren’t going to buy up as large of a share of the tickets that they did last year.
Give it another shot, it’s a great stadium.
Kevin S. The bleachers last year were a safe haven as far as price goes…I agreee, but didn’t they jack those up this year too? But those are the best priced/seat in the house.
I sat all over the new stadium last year…every level…and while the stadium is beautiful to look at…there are some things that really just rub me the wrong way. The super recessed two upper decks…I know it’s the trend now in stadiums…but it doesn’t mean i have to like it…it’s not so bad if you sit near home plate…by the further out you go…the worse it gets…and it’s almost impossible for the unwashed masses to catch a foul ball now…you rarely see one make it to the second or third deck…same on HR balls…Not that it’s something I care about, but it just illustrates how far back those things are from the field.
The security is HORRIBlE now…not sure if they always had securitas…or just switched…but they are awful…awful…words can’t describe how dumb and power tripping they are. It’s not just one or two of them…it’s them on the whole.
It’s just not worth it for me to pay 2-300 to be harassed by these people…they are the bottom feeders of society.
The seats on field level are very good, but very overpriced.
I’d just rather stay home.
The past predicts the future: Cashman gave Posada and Mariano huge contracts…Jeter will write his own ticket for the next several years, his goal being to break Rose’s hit record.
Get used to seeing him at SS until he surpasses aforementioned Charlie Hustle’s hit standard…the best analogy I can think of will be the Cal Ripken breaking Gehrig’s consecutive games played record saga.
Lets go back 10 years ago, when George signed him to this monster 10 year almost 200 million contract. People thought Steinbrenner was nuts. He was coming off a plus 100 Rbi season,24 HR. George said that the his numbers were going to increase and the way he saw inflation back then Steinbrenner thought 20 mil was going to be bargain 10 years later? Was it? Did he know that Jeter was basically going to be a glorified singles hitter down the road for 20 mil? Jeter doesn’t even get lot of doubles and triples [check the stats] Ask yourself if Jeter was on a small market team what his salary would be? Five maybe 10 mil over those years. Jeter was very lucky to lock himself into that monster contract. He never produced the #’s of Arod as Steinbrenner imagined Yes I know Jeter is the Capt.,the face of the Yanks and a sure Hall of Famer, but lets talk $ and cents Another team is not going to give him more than 3 years and 20 mil.. I say take what ever the Yanks offer and thank your lucky stars that you were a Yankee
I’m surprised to see so many negative reviews of the stadium. I only went to one game last year, but I had a great time walking around the stadium. I love photography, so the photos all over the place were right up my alley. I did think was an aesthetic mistake to leave the internal ceilings unfinished, but some quick math on how much it would cost to finish them settled that argument; didn’t seem worth it. I loved that you could see the field from almost anywhere, and I was a big fan of the random seating by the food court and upstairs in the middle tier. However, I do agree that they’ve priced the great lot of us right out of everywhere but the bleachers. I’ll probably go to 1 game again this season, but that’s it. I do think watching the game on HD TV is superior (despite crappy broadcasters) because you get that excellent from-behind-the-pitcher perspective (that you can get from the bleachers with binoculars or a zoom lens, but that gets old quick) which makes up for what you lose in atmosphere. i also don’t think they show enough replays at any stadium… so chillin at home with a cold one in HD TV is my choice, but its nice to go out to the ballpark once a year; too bad I can’t afford a seat with a back! My Yankee Stadium pictures: http://bomberbanter.com/yankee_stadium/
Jeter doesn’t want to play for anyone other than the yankees and the yankees want him to play. I am sure he will not ask for an unreasonable contact. Expect high end money that is probably more than he is worth in pure on the field production but he will make it up with all the intangibles. Plus don’t forgot the Yankees get a cut on all the number 2 jerseys he sells.
HGH: Jeter IS overrated (in that he’s not a great fielder, his “clutchiness” doesn’t really exist, he can’t actually will his team to win just by his calming stare, etc). That doesn’t mean he isn’t very good. He’s a different kind of hitter than A-Rod and one who still has a lot of value because his bat plays so well at short. There aren’t many shortstops who can match his 121 career OPS+. In fact, for has long as Fan Graphs has data (dating back to 2002), Jeter leads all shortstops in career Wins Above Replacement. His production, in that time, has been worth roughly $145 million. Even though he was paid about $30 million more than that, I don’t think the Yanks overpaid him by that much because you have to assume he makes up the difference in merchandise and general fan appeal. And even without the New York market, I would bet that he would’ve made upwards of $10 million/year playing somewhere else; he just wouldn’t have made $25 million.
Fangraphs’ salary data is wrong, btw – he signed a $189 MM deal from ’01-’10, but according to what they have, he only makes a combined $13 million in ’01 and ’10? Using Cot’s Contracts for Jeter’s salary data brings it even closer into line.
I have a feeling even if Jeter becomes the all time hit king there will still be people calling him “over rated”. It’s tough to find good a SS.
A) Hits are an overrated measure of a player’s talent.
B) Jeter is overrated, by the people who act like he’s the second-greatest shortstop of all time. Just like he’s underrated by the people who think he’s a singles hitter who doesn’t belong in the Hall of Fame.
So you’re saying guys like Pete Rose, Ty Cobb, Ichiro, etc are over rated? If you look at guys with 3,000 plus hits…I don’t think any are over rated.
I’m saying that hit totals themselves are overrated. Does the fact that Pete Rose is the Hit King make him the greatest hitter ever?
Isn’t the contract issues between the Yankees Corporation and Derek Jeter’s representatives ?
Doesn’t affect me one wiff.
He has played well for a Yankee shortstop over the many years.
Camera loves his smile.
Kevin S., maybe not THE greatest, but certainly one of the greats. I am not sure if you watched Pete Rose play over his career, but the guy was one of the best players ever.
Thome_dont_play_that… I agree. I got bored after reading most of these msgs but i dont see Jeter not wanting to end his career with the Yanks and dont think he’ll ask for his just dues. He’s been the captain forever and brings good s*#t to the team besides on the field.