Always looking forward, I've come up with an idea for a column that I'd like to test out. It's title is evident and the premise is simple. The answer is rather difficult.
Here's the first question. If you're the NY Yankees, what contract (years and $) do you offer Derek Jeter? If you'd like to back up your argument with something quasi-intelligent that would help spark a more interesting debate.
Things to ponder - the Captain, 5 rings, all time hit leader, 36 years old (37 in June '11), currently at .268 (24 points lower than his all time low for a single season), etc. etc.
2 comments:
First, yes. Sign Derek Jeter.
Second, length/amount...this is the tough part of it.
I would go one of two ways..either go something like 2 years $30 million, so you're not tied down terribly long but he's still making nice bank so you're not disrespecting the icon on the team/guy going for 3000 next year..
or you could go around 5 years $50 mil if he wants to play that long.
It also depends on his drive, what does he want in terms of length...cause they'll have to pay him close to the $20+ he's making now.
My guess though is 5 years $75 million.
Do the stats back that contract up? Of course not, they didn't for his first mega contract, but at some point you pay for the name, which the Yankees will then have two people getting paid for their name.
Go Jetes!
I think the Yankees have to sign him. It's all about $ here and he alone will not sell more seats as the new stadium just continues to sell all seats that are not $2k per night.
That said,I am thinking 5 years, $75 mil but I don't see this happening for less than 5 years and $100 million. You have to consider what he has done and that's where the 5 years come in. $15 million per year is more than fair for an aging icon that is a first ballot Hall of Famer and while $20 million is even high in the current market and that is enough of a bump to show "respect" for his past accomplishments.
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