Posts Tagged ‘Jeter’s contract’

The Captain and the Art of Mythmaking

The Captain

 

“The greatest enemy of the truth is very often not the lie—deliberate, contrived, and dishonest—but the myth—persistent, persuasive, and unrealistic. Belief in myths allows the comfort of opinion without the discomfort of thought.” —JFK

 

As Derek Jeter is poised to make history this weekend, his career is in a very unusual place. On the one hand, he is standing on the cusp of history, poised to become the first Yankee to reach 3,000 hits. On the other hand, he is following up 2010, the worst season of his career, with an even worse year. The Yankees played their best stretch of baseball with him on the DL, leading some to wonder if the team is better off without him. And he remains under contract through at least 2013.

So why release a biography of Jeter now, at such an uncertain crossroads in his career? Writing a biography of Jeter that culminates in the 2009 season—squeezing his dreadful ’10 and his contentious contract negotiations this off-season into the epilogue—is like writing a biography of Julius Caesar that ends on March 14th.

Ian O’Connor’s new book, The Captain: The Journey of Derek Jeter, is bound to be incomplete. So why did he write it? It seems clear that the primary motive O’Connor had for writing this book was not to bring new light to Jeter’s career, but to enhance the myths already surrounding it. The Captain is, above all else, an exercise in mythmaking. Continue reading

The Value of Jeter, Part 2

Spring Training is underway now, which means fans and the media are gearing up for the 2010 MLB season. This season brings a lot of things: the return of Mark McGwire, another chance for the Mets’ doctors to practice, the long-awaited absence of Chip Caray. It also brings the end of Derek Jeter’s 10-year, $189 million contract.

Yesterday, Jeter addressed these concerns to the media for the first, and he says only, time this year. He didn’t really say anything new: He wants to stay with the Yankees, he’s always wanted to stay with the Yankees, he won’t talk about it again until the end of the season.

All indications, from both Jeter and Yankees GM Brian Cashman, are that Jeter will re-sign, and, as I’ve said before, he’ll probably do it quickly, since he is worth more to the Yankees than to any other team. But his new contract won’t be settled for at least seven months.

Why? Because the Yankees have a policy of not negotiating new contracts until a player’s old contract has ended.* In general, this policy makes sense, since it obviates any awkward mid-season negotiations and allows the team to factor in the production of the last full season when coming up with a contract offer. And since the Yankees have the resources to outspend any other bidder if they so choose, then the risk of losing a player on the open market is not that high. In Jeter’s case, though, this policy is probably a mistake. Continue reading