December 02, 2010

The Yankees increased their offer to free-agent Derek Jeter and the iconic shortstop lowered his request as the two sides moved a bit closer toward a new contract. It doesn't appear a signing is imminent yet, but this is definitely progress.

The Yankees' increase is unknown but SI.com reported they were willing to go up $1-2 million per year from original three-year, $45 million offer.

Jeter was thought to be seeking about $23 million over five years originally but he's come off that, though it isn't known by how much.

Jeter, an 11-time All-Star and key member of five World Series champions for the Yankees since 1996, is coming off a 10-year, $189 million contract.

You May Like