Sunday, November 21, 2010

Derek Jeter's Free Agency

The latest story in the Derek Jeter free agency story is his agent calling the Yankees offer of 3 years and $45 million baffling. His points:

"Derek's significance to the team is much more than just stats. And yet, the Yankees' negotiating strategy remains baffling."

His production last season was poor. Beyond the stats, he is an old shortstop. If the negotiation strategy is so baffling, maybe his agent should go to other teams to see what they would offer. The reason he doesn't: the Yankees are willing to overpay to keep him because of his significance to the team. His significance, however, isn't going to make or break the World Series projections.

"They continue to argue their points in the press and refuse to acknowledge Derek's total contribution to their franchise," Close added, according to the report.

His total contribution was in his last contract of 10 years and $189 million. Also, offering him $15 million a year for three years is one year and $25 million too much. He is coming off a 90 OPS+ season. He is also 36 years old, so it is more likely to remain at that level or go down rather than revert to his 125 OPS+ production the year before.

From Hal Steinbrenner:

"Look, this is a business negotiation,'' Hal Steinbrenner said of the talks last week. "None of us wants to make it personal, because it's not personal. ... My family's got a lot of respect for Derek and I believe it is a mutual thing. It's been a good history. We're gonna do our best to keep it by the book."

Voice of reason. The Yankees foolishly overpaid for Alex Rodriguez when nobody else would've come close. They gave outlandish contracts. Those days are over (maybe). I am interested to see how this plays out. The agent is there to get the most years and most dollars for his player. But I don't see any team offering Jeter a fourth year. And right now, Jeter and his agent look bad.

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