Tuesday, November 23, 2010

Jeter and Comfortable Movies

The Derek Jeter thing is fascinating to me for a couple of reasons. One, it's Derek Jeter and everything about Derek Jeter is pretty interesting.

Two, there's a CMQ -- Comfortable Movie Quality -- to this Yankees-Jeter negotiation. I have spent too much of my time thinking about this: How many movies would you say you KNEW the ending before it happened? I'm not talking about you figuring out the ending of Sixth Sense or Usual Suspects or Memento or whatever (good for you, Nostradamus). No, I'm talking about movies that are essentially made with the premise that you will know the ending. You know the killer will die. You know the guy and girl will get together. You know the planet will be saved. You know the home team will win. You know George Clooney will end up in a tuxedo. You know the castaways will not get off the island.



You know because you are supposed to know, the director expects you to know, the producer expects you to know, the actors essentially act like you know ... KNOWING is part of the experience. This is why sometimes you will hear people, when asked about a movie, say something like: "Oh, well, it was predictable, but it was still pretty good." There is in some of us a capacity to not only like a predictable movie, but like it BECAUSE of it's predictable. There are a lot of not-quite-A-level movies - The Family Man, Doc Hollywood, The Sure Thing, Invincible, Major League, Splash, The Fabulous Baker Boys and a hundred others I'm not thinking of now -- where, once the premise was laid out, I doubt I felt even the tiniest tinge of surprise at any point. And yet, I liked the movies anyway.

Maybe it's the James Bond creed: You KNOW he will win. You just don't know how.

We KNOW Derek Jeter will play for the New York Yankees in 2011. There is no chance for a surprise there. This is not 90% likely or 95% likely or even 99% likely. It is Hurricane Insurance In Kansas likely. There is simply no even remotely plausible scenario I can imagine where Derek Jeter goes. The Yankees have already offered him three years, $45 million which, you know, unless Dan Snyder buys a baseball, well, that's probably 50-100% more than any other team would offer. And that offer is ALREADY on the table.

Now, it appears from reports that Jeter and his people are unhappy with the offer, perhaps even insulted by the offer. Jeter's agent Casey Close has even invoked the name of Babe Ruth which I must say -- to reference another CMQ movie -- is a bit like the agent Jerry Maguire when he's trying to negotiate for his receiver (before the receivers has the great catch on Monday Night Football):

GM: "I want a prototypical wide receiver, not some shrimp who bitches."
Jerry: "Dennis, I'm asking you for a favor. I introduced you to your wife. We've spent Christmas together. How about some holiday cheer?"
GM: "Jerry. You're reaching."

Casey, yes, you're reaching. Derek Jeter means a lot to the New York Yankees and their fans and baseball, no question about any of it. But he has been paid ONE HUNDRED EIGHTY NINE MILLION DOLLARS the last ten years. That is, even now ten years later, the third-highest gross contract ever given to one baseball player, and the first two are Alex Rodriguez and Alex Rodriguez. Even the Joe Mauer contract, even the Mark Teixeira contact, even the C.C. Sabathia contract did not come out to $189 million.

Has Jeter been worth it? Absolutely. But it seems a bit bold to say that the Yankees have not already pay Jeter plenty for being an icon and a role model and a true Yankee and everything else. According to Baseball Reference's WAR, Derek Jeter was the 10th most valuable player over the last 10 years:

1. Albert Pujols, 83.8 WAR
2. Alex Rodriguez, 64.8
3. Barry Bonds, 55.7 (despite only playing about six seasons)
4. Ichiro Suzuki, 55.2
5. Carlos Beltran, 51.1
6. Chipper Jones, 47.5
7. Scott Rolen, 46.6
8. Todd Helton, 44.7
9. Lance Berkman, 43.8
10. Derek Jeter, 43.1

That's really good. That might even be $189 million good. But I don't think I'd be sticking an "amount still due" bill under the Steinbrenners' door. I'd say Jeter has been paid quite well for his efforts, tangible and intangible. And anyway, Babe Ruth is probably not the best example for Casey Close to use since Ruth was released by the Yankees when he overplayed his hand (he wanted to be manager) and he ended his career in misery, playing 28 games for the Boston Braves.

In any case, the air between Jeter and the Yankees seems to be getting chillier and chillier, and at this point it's hard to see exactly how things will break. There is absolutely no reason I can see for the Yankees to raise their offer to Jeter. They know they have already put on the table the best offer Derek Jeter will get. They know Jeter wants to play quite a bit longer and he doesn't want to play for any other team. They know that while some fans think they look ungrateful (by merely offering to pay him by far more than any other shortstop in baseball), these are millions of dollars we are talking about, and it's tempting to forget just how much a million dollars is. I don't believe even the Yankees, with more money than Jobs, are willing to pay $15 or $20 million extra dollars so they can look appreciative.

On the other hand, Derek Jeter has good reason to believe he should get more. The Yankees ARE offering him a substantial pay cut -- this would be more than 20%. They are offering to pay him less than they pay A.J. Burnett. Jeter did finish third in the MVP balloting in 2009, which was just last year. And Jeter does take on responsibilities -- on the field, in the clubhouse, in the city -- that are of great value to the Yankees. Finally, Jeter is a proud athlete who undoubtedly feels like he will have a huge bounce-back year in 2010, age and history and an off-year be damned.

So this thing could go on a while longer. I do wonder how much longer the two will beat on each other when they both know exactly how this thing will end, how it HAS to end. Will Jeter keep fighting a public fight when he knows that he will be the starting shortstop on Opening Day? Will the Yankees keep making public sport of Jeter's decline, when they also know he will be the starting shortstop on Opening Day.

I suspect before it's all done, the Yankees offer Jeter something like 3 years, $51 million, Jeter holds a typically classy press conference where he says that he knows he's getting older but he still thinks he has a lot to offer the Yankees, and everything is forgotten by Game 2, when Cliff Lee allows three hits in a breezy seven innings, and Jeter gets the 2,928th and 2,929th hits of his career. The ending here is as sure as the final scene of Richard Gere carrying off Debra Winger, or Richard Gere carrying off Julia Roberts, or Richard Gere ... well, you know. Everything that happens between now and the inevitable ending is probably pointless. But it should be fun to watch anyway.

46 comments:

  1. Jeter's gross pay per w.a.r., the past 10 years.
    189 million divided by 43.1 w.a.r. = $4.39 million per w.a.r. (b-ref)
    189 million divided by 46.2 w.a.r. = $4.09 million per w.a.r. (fangraphs)
    Their going rate for Jeter has been around 4.24 million per win above replacement.

    Take his last 3 seasons: multiply 2010's w.a.r. by 3, 2009's by 2 and 2008's by 1.
    Then divide by 6, and you get: 3.3 w.a.r. projected for 2011 or 4.2 if you use fangraphs.

    Take the rates above as a range, and you'd expect to pay at most $4.39M x 4.2 w.a.r., for $18.4 million. Or $4.09M x 3.3 for $13.5 million minimum. The average in there is almost $16 million, which is what I think they'll eventually come to per year.

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  2. Derek Jeter is Richard Gere. Just please don't let him be the Richad Gere from Internal Affairs. That was one of the most despicable characters I have ever watched on screen. Makes my skin crawl to even think of it. Is there anyone out there whose skin crawls at the thought of Derek Jeter? Probably, but more than likely they are Red Sox fans.

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  3. Coincidentally I am watching Days of Heaven right now...doesn't quite match the narrative for Richard Gere.

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  4. Interesting, but I'd be more interested in your take on the Rivera contract.

    I suspect most readers here would agree that from a pure baseball perspective the Yankees first offer already overvalues Jeter. They're going to overpay for him and the only questions are when and by how much.

    The Rivera situation is a lot different as there are widely different takes on the value of a top closer, and Rivera is coming off another very good season, AND there's a top closer on the FA market right now with another one coming next year. Plus there's all that True Yankee, mystique, aura, core four stuff.

    There's room for a lot of different opinions on the Rivera deal. When I heard about his ask my first thought was: Hell no. Ridiculous money for a closer. But sure enough within minutes I started hearing from friends saying, yes, obviously the Yanks should give him what he wants.

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  5. Are there hurricanes in Kansas?

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  6. Couldn't agree more, everyone knows exactly how this will end. Another thing we know with absolute certainty is that this will be a front page item on ESPN.com every single day until Jeter actually signs the deal. (Which will be followed by 3-4 years worth of stories about how Jeter selflessly took a pay cut to help the team.)

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  7. i think he meant tornadoes

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  8. "(good for you, Nostradamus)" hahahaha.

    I can't even believe Scott Rolen has played that many games int he last 10 years.

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  9. Jeter should send a picture of his dong to Suzyn Waldman.

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  10. This comment has been removed by the author.

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  11. "the Mark Teixeira contact, even the C.C. Sabathia contract did not come out to $189 million."

    Yes, but they both average about $23m/year while Jeter averaged $19m. I'm not saying he should get more than $45m, just clarifying the data a little.

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  12. I know, in the last few years, that people have mellowed a little in calling out guys who ask for (and receive) ridiculous contracts. I mean, everyone ripped A-Rod apart when he signed the Texas deal but cared a little less when he signed the second deal with the Yankees.

    But still, are you [Joe] seriously defending Jeter here? I know you like to see all sides to the story, but come on. "Derek Jeter has good reason to believe he should get more"? Why? He's already got a contract on the table that overvalues him, something you mention earlier, yet he's asking for more and no one is really taking him to task for this.

    How does he get to skate on this? If it was any other player in the league (especially if it were A-Rod), the media would be in hysterics. Instead, the reactions seem to range from people laughing at the situation to people actually praising or defending Jeter. He's got $15 million on the table and that's not good enough? Jeter's being a pretty bad teammate right now. Does anyone in the media have the stones to call Jeter out?

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  13. OK...lets talk statistics. Even though I am old, I am not against learning new things. In fact, learning about advanced baseball stats is one of the more interesting things about the blog.

    But WAR is one of the acronyms I dont understand. Wins Above Replacement? How do they figure that out? Who is the replacement? The guy who lost his job to Lou Gehrig, I wonder what his WAR was.

    My point is you have Beltran rated above Jeter according to WAR. I cant argue it. Its math. Its also BS.

    Joe, you will be in NYC next week , right? Ask around and see if those numbers jive with reality. They dont. Jeter would have swung the bat that night.

    Anyway, you guys really crack me up. Not just this blog, all over the net. Everyone brings up Jeters stats as his basis for getting paid.

    Its not. 45 million for three years is absurd. Next summer he will be chasing 3000 hits. Whats that worth to the Yankees? Not statistically. Financially? 30 million easy. I would want one dollar per flash bulb.

    So why would the man sign a 3 year 45 million dollar deal when he is worth at least 2/3 that figure for one year??

    This may be a comfortable movie ending, but Jeter has to call Cashman's bluff and use the door as a negotiation tool.

    Finally, I can go on forever about this, its an uncapped sport!! Who cares what he gets?? Pay the man , I want to see him chase down Pete Rose.

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  14. Don't care about Derek Jeter. Sorry. Glad he's a Kalamazoo homeboy and all, but this topic is of less interest than curling.

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  15. In the late 90's, all the talk in baseball was about the "Big Three" shortstops A-Rod, Nomar, and Jeter (Tejada was later added to the group too). I believe that because Jeter's offensive numbers did not compare to the others, Yankee fans (of which I am included) began to talk up his intangibles, classiness, leadership, etc. It was the only way to justify Jeter's inclusion in the great shortstop discussion. Of course, everyone got carried away to the point that talk of Jeter's "intangibles" is now widely considered to be a big joke.

    That being said, I find it fascinating that of those Big 4 shortstops, only Jeter is still a shortstop. Jeter is also the only one never linked to steroids.

    I think the Yankees can do a little better with their offer, but I also think that if Jeter wants to live up to his "winner" reputation, he'll have to lower his demands.

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  16. My gut tells me Jeter ends up signing for 3 years, $56.7 million - an extension at the same rate as his previous deal. Seems like something both sides could end up being comfortable with: Jeter gets to save face on the amount he's paid (same as always!) and the Yankees avoid a 4th year.

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  17. e,

    Beltran posted over the last 10 years:

    251 HR's, 259 SB's, hit .281, OBP of .362. He drove in over 100 runs in all but 3 seasons (2 because of injuries). Beltran scored 933 runs. Not to mention good defense. People forget how good he was.

    Jeter was pretty good too.

    156 HR's, 215 SB's, hit 310, OBP of .379. Jeter hasn't drove in more than 97 in any of the last 10 years. He's scored 1080 runs.

    You can look more into the stats and you'll see just how good beltran has been, minus the two years he has been injured. He's a plus defender and glides in the outfield like Joe has wrote. He's an elite offensive player.

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  18. I'd like to see Derek Jeter as Richard Gere in "Looking for Mr. Goodbar."

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  19. Translation of e's comment:

    "WAR. ugh. What is it? I don't understand it, so I'll just call it BS because people in NY are the only people qualified to judge baseball talent"

    I laugh when bring up the value of Jeter's 3000 hits to the Yankees. The Yankees bring in more money than any team baseball year after year, but they are really going to lose out on some revenue from the few games surrounding that achievement. Jeter chasing 3000 will have little no effect on team revenue and spending for the future. They will still make the most money and therefore spend the most.

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  20. For those confused on the hurricane-tornado thing, Joe said "hurricane insurance in Kansas" because an insurer is SURE that they're never going to have to pay out on that policy. It's a sure thing. Beyond sure, actually - which is exactly the point Joe was making.

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  21. No matter how much I watch or read about sports I can't get over the dollars. $15 million per is underpaying someone? Our household makes about 1/150 of that per year and feel like I'm doing alright. I'd like to buy a new car that I can't afford this very second but I have everything I need and a lot of the stuff I want.
    Anyway, I hope Jeter gets his $17 million or whatever and goes on to play like Nicky Punto for 3 miserable years. Then gets busted for steroids and for something with Jenn Sterger and a dog fighting ring. Actually, with a Jenn Sterger fighting dogs ring. That's what I want for Christmas. Forever and ever. Amen.

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  22. @Chris C. --

    Exactly.

    Yankee Stadium is sold out for every home game (in fact, probably already for 2011, based on the number of potential ticket-buyers). If St. Derek plays in Boston or not at all, Yankee Stadium will sell out for every home game.

    Granted, their TV ratings might improve. But they already have a long-term TV contract, and the ratings would probably improve substantially only when he passes roughly 2,990 hits -- and then will immediately return to previous levels as soon as he hits 3,000.

    The Yankees' offer is more than fair. If Jeter doesn't like it, he can look somewhere else. But, as Joe says, we all know how this is going to end. Julia Roberts is not going to wind up with Jason Alexander at the end of "Pretty Woman".

    @e -- The only place you will see Jeter chasing down Rose is in your dreams. Bill James' Favorite Toy predicts that Jeter will finish with 3,382 hits, and has a 0% chance of surpassing 3,838 (which would leave him only 353 hits short of Rose).

    If you would care to place a wager, I would be more than happy to take you up on it.

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  23. I checked to see where Jim Edmonds feel over the last 10 years. 41.1, just behind Jeter! This includes 06-10 where his WAR was 1.6, .8, 1, 0 because he didn't play and 1.6 again.

    From 2000-2005, Edmonds racked up 42.9 WAR. Any doubt I ever had about him belonging in the hall of fame have disappeated!

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  24. My point is you have Beltran rated above Jeter according to WAR. I cant argue it. Its math. Its also BS.





    Why? Why is it BS? Why can't Beltran be better than Derek Jeter? Because he doesn't hustle as hard? Because his interviews aren't as good? Because his English isn't perfect? Because he was developed in Kansas City? Because he's never won a World Series?

    So, why? I know it can't be because of actual baseball production since Beltran is a better hitter, defender, and base runner.

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  25. Kevin Van ValkenburgNovember 24, 2010 at 10:40 AM

    This is definitely a comfortable movie.

    However, let me say that...

    Jeter signing with, say, the Orioles = Gweneth Paltrow's head in a box at the end of Seven

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  26. Wow , you guys can really take things out of context. You really want Beltran working for you rather than Jeter, fine.

    I didnt say a thing about his defense. He glides. Great. I got it.

    And I dont remember saying anything about his English. Thats EAR not WAR. English above replacement. I dont give a hoot if he speaks japanese.

    He left the World Series on the bases with the bat on his shoulder. He gets surgery seemingly whenever he feels like it. Finally, the mets were treading water this year , right at 500 until he returned.

    But I dont think the stats are BS, I think rating Beltran higher is BS. THe only reason I mention NY is because thats the city they both play in.

    Teach me. Berating isnt teaching. By the way do you know how they figure out the value of the replacement? I bet 25% of you have no clue. At least. Im being kind. Put a number next to an acronym and you got a fact? No.

    Now I am not saying these statistics are bad, Im just very wary of all statistics. IMO , statistics are simply a means invented so people can quantify , place an inarguable number , next to thier BS.

    It aint the number that matters, its how the heck did you get that number.

    Besides using any statistics to precisely prognosticate the outcome of any game is similar to some psycho using trigonometry to crack a roulette wheel. It aint gonna happen.

    However, if it helps fans enjoy the game Im all for it.

    Now how do they figure out this WAR stuff again?

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  27. And another guess...Jeters 3000 hits are worth big loot. I know they are going to squeeze a few dollars out of that.

    Commemorative plaques , posters , all that good stuff. Heck ,they might put a snapshot of it on the dollar bill.

    And David, yeah its a dream. But its a nice dream. Its wholesome. Doesnt hurt anybody. Why you even in the middle of it??

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  28. e,

    He has a higher WAR becuase of:

    wOBA, BWAA, fielding, baserunning, adjustment and postition.

    Beltran is better than a replacement.

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  29. "Anonymous said...

    Don't care about Derek Jeter. Sorry. Glad he's a Kalamazoo homeboy and all, but this topic is of less interest than curling.
    November 24, 2010 8:11 AM "

    Yet you took the time to read it and comment. Bravo!

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  30. Fangraphs WAR explanation is at http://sports.yahoo.com/mlb/blog/big_league_stew/post/Everything-you-always-wanted-to-know-about-WAR?urn=mlb-211211

    "A replacement player is defined as someone who is below average and should be easily obtainable, the sort of fringy cup-of-coffee guy you can find in AAA, on the waiver wire, or acquire for a PTBNL, a warm body who hurts the team the more he plays." So it doesn't take a great player to have a positive WAR.

    And I don't know if I would rather have Beltran than Jeter today, because I have not paid much attention to Beltran for the last couple years (while you can't avoid hearing all about Jeter). But I don't think it's a ludicrous concept that Beltran might be better than Jeter, and I think advanced statistics are one good way of trying to decide. The WAR stat quoted above says Beltran has been better, and I think that is sufficient reason to consider the argument (but certainly does not end the argument).

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  31. Jeter - four years, $76 million

    Rivera - two years, $36 million

    Just get these contracts done and let's call it a day. It stuns me that the Yankees sign a stiff like AJ Burnett to a huge contract but are now playing these games with their two franchise icons.

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  32. Or when Gere carries off Ed Norton at the end of Primal Fear.

    "I just didn't know who you wanted to hear it from -- Aaron or Roy or Roy or Aaron."

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  33. I can't decide which is more ridiculous: (a) that anyone outside of New York cares about this, or (b) that Yankees fans are pondering overpaying -- drastically overpaying, mind you -- Jeter, Rivera, and Posada, and STILL signing the best available free agent (and probably a few others as well).

    I'm not in the baseball-needs-a-salary-cap crowd, but I am in the "Yankees are ruining baseball" crowd.

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  34. @Jeremy Jolley - Nomar was never "linked" to steroids. There was a good deal of speculation about him after the infamous SI cover, but there has never been any finding, test result, report or any other "link" between Nomar and 'roids like there was with Tejada and ARod. None. Doesn't mean he didn't use them, just means there's nothing other than speculation to say that he did. And we could speculate about anyone. In fact, let's speculate about Jeter:

    - Played in the height of the steroid era.
    - Was teammates with a variety of known or named steroid/HGH users.
    - Exhibited extreme durability at a physically demanding position.
    - Had one of his finest years well past the age when a normal shortstop would be firmly in their decline phase.

    There, I've now "linked" Jeter to steroids just as firmly as Nomar is.

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  35. You know what I find insulting? That Jeter or any other multi-millionaire athlete could be insulted by a $15 million a year offer in the twilight of their career.
    Maybe I feel this way because every morning on my way to work I drive by the Rescue Mission and look at the homeless people shiver in the cold.
    This morning, the line for a free turkey and trimmings stretched for more than a mile. A mile. No exaggeration.
    A little perspective might help Jeter et. al., feel a little less insulted and a little more grateful.
    And Joe, you're probably one of the top five writers in the nation -- not just sportswriters, but writers.
    You are highly respected and beloved and I imagine fairly well paid.
    Would you be insulted if SI asked you take less money once your mind-boggling prolific prodcution tapered off for good?

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  36. Fun fact: according to Baseball-Reference WAR, from 1919 to 1932, Babe Ruth only had two seasons less valuable than Jeter's best season.

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  37. e -

    go here:

    http://tinyurl.com/2e55m7c

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  38. 1. The entertainment culture we have created since c. 1980 (ET began airing in 1981, for one marker) overpays all the entertainers and has us sitting and watching "celebrities" way too much.

    2. That aside, Jeter has some reason to say, "Wait a minute." A-Rod is only 13 months younger than Derek, has declined about as precipitously in his performance, and brings negative rather than positive publicity to the Yankee brand. Yet A-Rod is under contract for $174 million+ and Derek is being offered 45. That's a BIG difference, given what each is likely to produce in the years ahead. . . .

    3. If you're Jeter, after a few weeks, you get past that comparison and sign. The $174 million-dollar-man is going to have to carry a lot of baggage.

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  39. who the replacement is in VAR isn't important. The important fact is that it provides a standard baseline to measure from.

    For the contract, one the face of it it is simple. He got paid for his last 10 years - played well and got paid well. The slate is claean on that. The new contract is for the next period. So both sides can work out what's on offer and what to pay for it without looking back. 15m per year seems like a lot.

    I'd value it up squarely, and then put in a bunch of performance incentives that allow him to earn a big number if his aging body delivers. I'd even add in incentives for off field work than enhances the St Derek aura.

    Or, if I was St Derek, I'd take the fair value and then ask for more and that extra gets paid straight to charity. He's doesn't really need the money and he seems like a decent person. Yankee's and/or Jeter probably get a tax break on the donation. Everyone looks good and poor people get soup.

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  40. The comparison to A-Rod's deal won't move the Steinbrenners, nor should it. A-Rod signed his deal when he had just won an MVP, had a BR WAR of 9.9, which is much higher than any Jeter has had in his career, had not been connected to steroids and looked like a cinch to break Ruth's AL home run record and Bonds' MLB home run record in a Yankee uniform. He was also, and this is critical, just past his 32nd birthday. Jeter is 36. Comparing those two deals doesn't help Jeter.

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  41. First of all, I thought the offer was more than fair. I don't think there is any way that he would make more per year than that from another team.

    I guess I am the only one, though, that thinks it is not the rate that upset Jeter, but the number of years. Jeter wants to play a long time, and does not want to go through this again. My guess is that when he signs, it might be for around the same rate, but it will be at least a 5 year deal. (I will guess the Yankees will throw in another $million per, and it will be 5 years for $80 million.)

    When the team and player sign the first long term deal, they both probably think about how old the player will be at the end of the deal. If Jeter's contract had ended last year, after a near MVP campaign rather than a season which looks like the beginning of a downfall, he might have been able to get 7 years, $140 million.

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  42. Since Agent Close wants to compare his client to George Herman, I recommend that Misters Cashman and Steinbrenner make a commensurate offer of $80,000/year for the five years Mr. Jeter is seeking. I feel poorly about cutting Babe's salary in 32 & 33, though he made a killing on in-season exhibition profits.

    Perhaps Mr. Jeter will consider barnstorming next winter with other ballplayers suffering through this recession on such meager earnings.

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  43. Breadbaker and I agree that A-Rod had the perfect time to re-sign in 2007, coming of a career batting year with the opportunity to opt-out, the Yanks having just lost to the Sox again, and the Steinbrenner succession process lending itself to panic mode.

    And we agree that comparing the two deals doesn't help Jeter.

    However, my point is that the comparison has to rankle (until, if you're smart, you just get past it). It's very hard to believe that A-Rod, going forward, will be worth $129 million more to the Yankees than Derek Jeter will be. Not even if Jeter retired tomorrow and never set foot again in Steinbrenner Stadium.

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  44. With respect to Babe Ruth and his $80,000 salary in 1930, an online inflation calculator says that $80,000 in 1930 translated to a bit more than $1 million in 2009.

    That would suggest that salaries for top players have risen about 25 times faster than general U.S. inflation. Or were artificially depressed that much by the reserve clause. . . . or. . . .

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  45. something to consider... when we look at player contracts, it's not realistic to say "$15 million per year for 5 years" or similar. Though some may disgree, I think the Yankees will cash in in 2011 with Jeter's 3,000th hit, and again when he retires. Similarly, likely or not in fact, the Yankees' contract for A-Rod no doubt assumed a huge payday for the Yankees when he broke Bonds' record. I.e., the last year or so of A-Rod's contract is really for $100 million or something like that. He just gets a lot of it up front so he sticks around and isn't playing for someone else when it comes.

    There's a lot more involved than WAR - while the Yankees may be talking "market", their return on investment in revenue is potentially stratospheric in both cases. I think Jeter knows this, but the little dance that owners must do in order to pretend they're not raking it in is de rigeur to the process. OF COURSE Jeter will be overpaid compared to Joe Schmoe, but the Yankees won't make the green with Schmoe like they will with Jeter. That's the reality of what's going on, the question is how long Jeter will let them squirm. They both lose if he signs somewhere else, but the Yankees stand to lose a LOT more.

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  46. I always find it aggravating that when billionaires and millionaires are arguing about money, people who are disgusted by greed side with the billionaires, and say the disgusting greedy one is the millionaire who actually goes out there on the field and entertains us and risks injury and pain, while billionaire who inherited his wealth pushes papers around in an office and offers a lucrative deal only because he knows it will make him even more money than he already has.

    Booo greedy athletes, take less money so the billionaires can keep more of it! That will help those homeless people in the shelters.

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