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Yankees finalize $51 million deal with Jeter
“I was pretty angry about it, and I let that be known,” Jeter said Tuesday after finalizing a $51 million, three-year contract that cut his salary. “I was angry about it because I was the one that said I didn’t want to do it. I said I was the one that wasn’t going to do it.”
“A big happy family,” Jeter said. “You move past it. It’s over with, and I won’t bring it up again.”
Jeter and the team reached a preliminary agreement Saturday on the deal, which includes an $8 million player option for 2014 with a $3 million buyout that could make it worth $56 million over four years. With an escalator, his 2014 salary could rise to $17 million and make the contract worth $65 million.
Jeter hit .270 with 10 homers this year, down from a .334 average and 18 homers the previous season. While his RBIs increased by one to 67, his on-base percentage fell from .406 to .340 and his slugging average dropped from .465 to .370.
After averaging $18.9 million as part of a 10-year contract, he gets salaries of $15 million next year, $16 million in 2012 and $17 million in 2013, with $2 million annually deferred and payable on each March 15 over three years starting in 2015.
By Donald Lambro
Growth spikes are little more than trend-free anomalies
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