From (full article there):

The Yankees appear willing to enhance their latest $45 million, three-year offer to retain the iconic Yankee, but are said to be unwilling to match his previous salary on a deal of at least three years.

The Yankees’ next offer is expected to be for a couple million more per year, so perhaps in the $50 million range for three years.

Seriously, what’s Derek going to do if he doesn’t get the money he wants from the Yankees? Sit out the season?

The negotiation for Derek Jeter