Capology: Jeter’s new contract

[Here’s a guest post from IIATMS reader @Jerktweets which explains the new Derek Jeter deal a lot better than I ever could.]

Earlier today, it was announced that Jeter has been signed to a new 1 year/12 million dollar deal by the New York Yankees. We all know that the 189 million dollar luxury tax payroll limit has been a big issue. So how exactly does Jeter’s new deal affect
the payroll?

Technically, Jeter was still under contract this offseason as part of his original three-year deal. The deal was structured so that he was paid 15, 16, & 17 million for three years. Included was a player option worth 8 million that if declined gave Jeter 3 million dollars. The CBA states that player options are considered guaranteed years and will be included in any average annual value calculations. For luxury tax purposes Jeter’s contract was a four year deal worth 14 million per year.

Now, the player option clause also states that if the option is declined then for the year of the player option the team will be hit with a penalty to their luxury tax payroll equal to the difference between paid (physical money) and attributed (luxury tax AAV) for the contract length and the buyout.… Click here to read the rest

A Look Back at Past Contract Talks Between Derek Jeter and the Yankees

(The following is being syndicated from The Captain’s Blog).

Derek Jeter’s contract negotiations have easily been the most widely discussed topic in Yankeeland, despite there really not being much news to report. For some reason, several media types have used the off-season lull to repeatedly denigrate Jeter to the point of portraying him as a charity case (e.g., Joel Sherman’s “I am Derek Jeter, pay me” scoff in today’s New York Post). One hopes this sentiment is merely an example of the human condition’s disposition toward kicking a man when he is down, and not evidence of the Yankees’ brass negotiating through the media. In any event, the contract talks with Jeter have proceeded slowly, which really shouldn’t be a surprise considering that it’s in the best interest of both parties to make a deal (i.e., there isn’t a third-party threat for either side that might push the negotiations along).

Instead of beating the same drum by looking at Jeter’s negotiations in the present day, perhaps it might be more constructive to take a look back at how the two sides have dealt with each other when talking contract in the past?… Click here to read the rest

Jeter’s Contract … Again … But This One’s “Fair”

Offensively, Jeter’s been basically league-average this season. His .276/.339/.387 line is good for a 99 OPS+, but league-average is pretty good for a shortstop. But that’s still a far cry from his .334/.406/.465 2009 season. What happened? The easiest thing to do is point toward his BABiP, but that’s a bit simplistic. For his career, Jeter’s BABiP is .357, but it’s only .311 this season, meaning his slash line is lower than it should be. But is there an underlying problem? Maybe. His O-Swing% is 28.9%, which is 6% above last season and 8.6% above normal, and that means that his plate discipline has regressed for some reason. He’s also making contact with those pitches more than usual, which may account for his ridiculously high GB/FB rate of 4.21 (for reference, that leads all of baseball by over 1 to second place Elvis Andrus, who has one of 2.92). Therefore, Jeter is swinging at more pitches out of the zone (losing valuable walks) and hitting more balls on the ground than normal, and to top it all off, he’s hitting fewer line drives.… Click here to read the rest

DIscussion: Derek Jeter's Next Contract

I recently had a conversation with Mike Silva about this issue on Twitter, and he wrote it up over at NYBD. I was hoping for some more opinions on the issue:

Essentially Moshe and I were discussing how, in his words, “Jeter’s contract negotiations are going to be a total disaster. Epic.” The Captain is going to want between $18-$20 million per year, perhaps for as much as four years, and he clearly is not worth that investment. Even if you are in the camp of paying for past performance Jeter has raked in $205 million dollars to date. Does that not compensate for five titles and 2,800 hits?

Moshe went on to say that perhaps the Yankees could “hardline” Jeter during negotiations. Force him to take something in between absurd and market value. He is probably more of a $12 million dollar per year ballplayer so perhaps $15 million is a good target to shoot towards. Of course, the four years are atrocious since I basically believe the Yankees should move on from Jeter as soon as possible after his 3,000th hit.

Click here to read the rest

Derek Jeter in his contract year

Amid the ongoing struggles of Alex Rodriguez and Mark Teixeira it has been convenient to overlook Derek Jeter‘s poor performance at the plate. TYU has been all over this (and deserve credit for helping inspire this post), but few if any analysts have pointed out that Derek’s current wOBA of .337 would be the lowest for his career since he first debuted in 1995. His career mark is .374.

Broadly put, Jeter is having a bad year because he is walking less than usual and has the lowest BABIP for any season of his career, ever. At the moment Jeter’s career IsoD is .070 even. This season that has fallen to .053. He’s drawing walks at a 6.3% clip, well below his career 8.9% rate. Although he’s been more patient of late, and may well be getting free passes at his career average by season’s end, he leverages himself to his batting average so long as he’s being less disciplined.… Click here to read the rest

Jeter not worried about his contract situation (and he shouldn’t be)

Today in Tampa, Derek Jeter met with the media to discuss the new year and, of course, his looming free agency was the dominant topic of conversation. As was expected, Jeter brushed the issue off as a possible distraction and affirmed his desire to be a Yankee for the duration of his already impressive career. “This is the only organization I’ve ever wanted to play for,” Jeter said. “That’s still true today. I was a Yankees fan growing up, and this is where I want to be. I’ve never envisioned myself playing anywhere else, and hopefully I don’t have to.” He then added, “I’ve never gone into a season focused on the next season. My approach since day one is to do whatever you can to help the team win in that particular year. I’m not thinking about what’s going to happen next season.”

Jeter also stated that his agent, Casey Close, phoned the Yankees over the offseason in order to gauge their interest in providing the future Hall of Famer with a new deal, however, Close was told by the front office that the organization intends on waiting until the end of the season to offer Jeter a proposal.… Click here to read the rest