Derek Jeter Asked for Six Year, $150 Million Contract, Daily News Reports

Derek Jeter started contract negotiations with the New York Yankees by asking for a six- year, $150 million deal, the Daily News reported.

Jeter, who has won five World Series titles in 16 years with the Yankees, is standing firm on $25 million per year, according to the New York newspaper, citing an unidentified person familiar with the negotiations. The Yankees originally offered the 11-time All-Star a three- year, $45 million deal that would make Jeter, 36, the highest-paid shortstop in Major League Baseball.

Jeter’s agent, Casey Close, disputed the Daily News report in an e-mail to the Star-Ledger, writing that “the recently rumored terms of our contract proposal are simply inaccurate” and refusing further comment to the Newark, New Jersey, newspaper.

The Yankees declined this week to offer Jeter salary arbitration, meaning that negotiations will be conducted between the player and the team. Yankees General Manager Brian Cashman has said the team would like to keep the shortstop.

Jeter’s 10-year, $189 million contract expired last season, when he batted .270 with a .340 on-base percentage, both the lowest since he became a full-time player in 1996.

To contact the reporter on this story: Eben Novy-Williams in New York enovywilliam@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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