UPDATE: Seems that an initial three year offer is forthcoming, and that offer has some built-in headroom:
The expectation is the Yankees will offer something in the three-year, $45 million range, which will create some negotiating room to climb toward $57 million to $60 million on a three-year deal or perhaps go to a fourth-year option or a straight fourth year as a way to reach a settlement. Of course, that is assuming Jeter finds that range acceptable.
“The will is there to get it done,” Yankees president Randy Levine said. “And I believe there is a way.”
I’m good with this. This is precisely the range I have been discussing (along with many others). If Jeter holds out for $21+ million and a minimum of four years, I’ll be disappointed. I want Jeter back to finish his career but the mistake of the ARod contract can’t be duplicated just because he’s “Derek Jeter, Face Of The Franchise”. Let’s hope the middle ground is found and is acceptable to all… and that it’s found soon so we can stop this song-and-dance.