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Sunday December 5, 2010 7:19 am

Derek Jeter and New York Yankees agree to three-year deal




Posted by Dennis Velasco Categories: Athletes, MLB, News,

Derek Jeter Re-signsRejoice, New York Yankees fans, for Derek Jeter has re-signed with the team he started his career with and seems will end with. On Saturday, Jeter and the Yankees agreed to a three-year deal that will pay him $17 million on average per year. There's a player option for Jeter for a fourth season that will pay him $14 million for the extra season. There was a lot of ballyhoo regarding Jeter's contract for obvious reasons, but many knew that the deal would eventually get done as Jeter needed the Yankees and to a lesser degree, the Yankees needed Jeter. Jeter is one of the Yankees' all-time greats and, unquestionably, this generation's pinstriped best. However, the question remains if Jeter can bounce back from a down 2010 season? Both are figuratively and literally banking on it.

Read More | New York Daily News

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