A few points in response. First of all, no player is worth a “blank check,” and the fact that Feinsand is using the phrase mostly as a metaphor in this column pretty much shows lays that bare itself. Jeter might be worth more to the Yankees than everyone else, but that value still has a number attached to it. Would anyone endorse paying Jeter a $50 million salary next year? How about a $75 million salary? $100 million? Bueller?
The question then is; how much value does Jeter have? Is he worth a $25 million salary? Well, his age and production this year certainly aren’t worth that. But what if Jeter doesn’t want to agree to a pay cut next season? I could see the team agreeing to up his salary next year, but I would bet that it would come in exchange for either fewer years on the contract or a decreased salary in the years following. I certainly don’t see the team committing to paying Jeter a $25 million+ salary 4 or 5 years from now.… Click here to read the rest