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THIS JUST IN: Derek Jeter has re-signed with the Yankees on a one-year, $12 million deal.
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...anyone have any idea why in the world the Yanx would do this?
Doesn't it save them a couple million on the salary cap? Was thinking I read before though his salary paid would of been $8 mil or whatever it was, the way the contract worked it would count as $14mil. Weird world where you pay someone $4 million more to count $2 million less against your salary numbers.
Great for him, but would of course been great if he would have agreed to less than that with the same salary "cap" impact. Not how it works though...
According to Sherman it does NOT save any money towards the cap it increases it by a few million bucks. Sounds like Jeter and Hal worked out this deal. My guess is Jeter was going to opt out and Hal did not want to create another Jeter circus and gave him extra money. Do you think they opt out of trying to get under the 189 luxury tax?
http://www.cbssports.com/mlb/writer...ging-and-ailing-derek-jeter-a-12-million-deal
Just another reason why fans need to stop complaining about the GM, there is no GM, never was, and any GM fans think would be better would not be, because he would never be allowed to actually GM, and we don't know how good or bad Cashman is or ever was because chances are he's never made a decision.
That being said I hope this is a farewell contract, I have no problem with signing Jeter, and no problem with the money, but his time has come, I hope to hear a retirement announcement next spring and see him get his tour like Mo.
