New York Yankees

I am happy this made-up drama is finally over. I have seen wrestling story lines that had more real drama that what went on with the New York Yankees and Derek Jeter over the last couple of weeks.

Tomorrow will begin an extremely important event for the baseball community, the Baseball Winter Meetings.

All eyes will be on Orlando, Florida at the Swan and Dolphin Resort in Walt Disney World as the meetings will take place from December 6 until December 9 (Monday until Thursday.)

Representatives from all 30 teams will be down in Florida, along with minor league baseball representatives and officials from the Major League Baseball offices as well.

Now that Derek Jeter is officially back where he belongs, we can look ahead to next season. Of course there is still a lot of decisions to be made, but Jeter is no longer one of them.

Last season, Jeter had the worst statistical season of his career. He hit just .270 with 10 homers and 67 RBI. His on base percentage was .340, 45 points lower than his career average of .385.

Answering the Red Sox's acquisition of Adrian Gonzalez, Derek Jeter and Mariano Rivera have officially re-signed with the New York Yankees. 

With the announcement today that Derek Jeter and the New York Yankees have finally agreed on a new contract, the Yankees can turn their attention to their big offseason target—Cliff Lee.

There was never any doubt that Jeter would be returning to the Bronx, despite harsh statements from both sides and the Yankees' decision not to offer Jeter arbitration.

The New York Yankees and Derek Jeter have reportedly agreed to a three-year deal worth about $51 million.

There is also an option for a fourth year that is worth less than the $17 million that he will earn on average for the first three years of the deal.

According to Sweeney Murti of WFAN, there are many elements that will determine the final number for the option in Jeter's deal.

Courtesy of Yankees 'n More

Everybody knows the New York Yankees have their hearts set on adding lefty ace Cliff Lee this offseason, perhaps as early as the winter meetings next week. Of late, however, there has been a lot of talk about the interest being shown by the Bronx Bombers in free agent outfielder Carl Crawford.

It's reportedly happened; Derek Jeter will be wearing the immaculate pinstripes for a few more years.

A source with knowledge has told ESPN that Derek Jeter has re-signed for a three year contract that will pay him $17 million. The end of the contract has an option for a fourth year at a lower salary the report says.

The Yankee Universe can relax today, their captain is coming back to the Bronx.

According to George King of the New York Post, Derek Jeter will re-sign with the Yankees to a three-year deal worth $51 million dollars.

This contract will end a period of what seemed to be a chaotic negotiation process between Jeter, his agent Casey Close, and the Yankees.

The Yankees and Derek Jeter's agent, Casey Close, are making "substantial progress," and a deal appears to be at hand.

The deal is expected to be completed as early as Saturday, with Jeter receiving in the $15 to $17 million range annually for a three-year deal with a fourth year option.