Steinbrenner: Yankees ‘Made Guys Very, Very Rich’

NEW YORK (AP) — Hank Steinbrenner has a message as the New York Yankees negotiate to re-sign Derek Jeter and Mariano Rivera.

“As much as we want to keep everybody, we’ve already made these guys very, very rich, and I don’t feel we owe anybody anything monetarily,” the Yankees co-chairman said Tuesday. “Some of these players are wealthier than their bosses.”

With negotiations moving slowly, the Yankees declined to offer salary arbitration to Jeter and Rivera before Tuesday’s midnight deadline. New York also failed to offer arbitration to left-hander Andy Pettitte, reliever Kerry Wood and first baseman Lance Berkman but did make the offer to right-hander Javier Vazquez, unlikely to re-sign following a disappointing season.

By offering arbitration, New York would receive draft-pick compensation if Vazquez signs elsewhere. His agents have been negotiating with the Florida Marlins.

New York has made a $45 million, three-year offer to Jeter, a baseball executive with knowledge of the proposal said, speaking on condition of anonymity because it wasn’t made public.

“We’ve encouraged him to test the market and see if there’s something he would prefer other than this,” general manager Brian Cashman said Tuesday, without confirming the figure. “If he can, fine. That’s the way it works.”

Jeter is coming off a $189 million, 10-year contract that was second only to Alex Rodriguez’s deals of $252 million and $275 million, both over a decade.

“Negotiating is always a process,” Steinbrenner said. “I know he wants to stay. It’s going to come down to what’s fair for everybody considering all circumstances.”

Now 36, Jeter hit .270 with 10 homers, 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.

An off year or the start of a career-ending tailoff? No way to tell.

But without the threat of negotiations involving other teams, there’s little pressure for either side to make a deal quickly.

“Do we want to keep Derek? Of course we do, obviously,” Steinbrenner said. “Obviously we all want to keep Derek and we all want to keep Mo.”

Steinbrenner remains confident deals will be reached to keep the pair.

“I don’t think in the end they will be unreasonable,” he said.

Copyright 2010 The Associated Press.

pixy Steinbrenner: Yankees Made Guys Very, Very Rich

One Comment

  1. Dave says:

    You guys who think Jeter is the Yankees are idiots. The Yankees are now and have always been more than one player. Ruth, Gehrig, DiMaggio, Mantle, Berra, the list of “immortal” players goes on and on. The Yanks have survived losing all of the above. Jeter has been a great role model and a very good player for most of his career, but put him on any team other than the Yankees and realize he would not have had the success on those teams as he did with the Yanks. The Yanks made DJ and he, in turn, helped to bring them championships – but he did not do it alone. The Steinbrenners surrounded Jeter with top talent. Jeter needs to let his ego go. He looks like he is starting to believe his own hype. Swallow your pride Jeter. You are a good player and have been well compensated for what you have accomplished but the Yanks can win without you. That is the bottom line. I don’t go to Yankee stadium to see Jeter. I go to see the Yanks and will continue to do so with or without you.

  2. BOB REDMOND says:


  3. dico j. says:

    the yankees don’t owe derek jeter or any other player anything. loyalty means nothing today. he held the yankees hostage for every last dime 10 years ago. yankee fans come to see the pinstripes. players come and go. keep things in perspective…the yankees traded BABE RUTH in 1935……enough said.

  4. jlm says:

    Look who’s becoming the leading cheap and dysfunctional organization in NY – the YANKEES

    They have blown the opportunity to deal in a classy manner with Jeter, because Stein’s children are classless, petty, and short-sighted.

    Jeter should jump ship – the Babe didn’t finish as a Yankee either.

  5. Stem says:

    The wont pony up $$ for Jeter yet they ponied up money for losers like Igawa, Irabu, etc…people who never proved anything in pin stripes yet received tons of money nonetheless. And now they’re going to not pay someone who gave their blood sweat and tears for so many years? Cashman sucks as GM. He gives $$ to those who don’t deserve it and yet is really tight with those who do.
    Guess I’ll be watching less and less of Yankee games in the future.

  6. Tom says:

    Where would the Yanks be without Jeter or MO? and even with them 1 championship since 2000. YES network, I dont think so. But then again they let Joe and Zim walk away with a bad taste too.

  7. Tom Owens says:

    Jeter isn’t going anywhere. When ever a players contract is up it’s time to get a new one and both sides need to negoitiate. Jeter has said on a few occassions that he started out as a Yankee and he will retire as a Yankee. If by that very slight chance that Jeter goes elsewhere there will be a lot less Yankee fans come next baseball season, including me!!!

  8. dabooch says:

    Yankee fans go to see Jeter, he’s the product. Fortuneoff went out of business because of bad management not bad products.

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