ESPN: Yanks Will Overpay Jeter

From Wallace Matthews:

Derek Jeter is going to be paid Ryan Howard money for putting up Marco Scutaro numbers.

"The Yankees are going to overpay him," said a source with intimate knowledge of the discussions between the team and Casey Close, Jeter's agent. "The question is, how much are they going to overpay him?"

Several sources told ESPNNewYork.com on Monday that while the Yankees have yet to make a formal offer to Jeter -- or to Mariano Rivera, their other high-profile free agent, not to mention Cliff Lee, their primary target in the free-agent market -- offers are currently being prepared for all three.

...

From conversations with two sources, both of whom requested anonymity due to the sensitive nature of the talks, Jeter's offer is expected to be for three years at somewhere between $15 million and $20 million per season.

...

"Some people will think the number is unfair," said one source, "And some are going to think it is way too much."

Wow, that's really a lot of money for a 36-year-old SS coming off the worst season of his career.