Yanks don't owe Jeter $150 million

Okay, so this Derek Jeter contract negotiation is getting ugly and there are a lot of Yankee fans who probably feel like they owe him a golden parachute for the loyalty and World Series rings he helped them win. But, I totally disagree.

Jeter has been a great player and you can argue he is one of the best six Yankee players ever behind Ruth, Gehrig, DiMaggio, Mantle and Berra, but even with all of the riches this team has they can NOT give into the ridiculous demand of Jeter. He was offered three years and $45 million. Okay, I will grant you that they should give him more than that. He can justify five years and $70 million, tops, especially considering that the team gave Jorge Posada four years and $50 million at the same age, but $150 million?? C'mon!

I realize that his agent, Casey Close, is trying to compete with A-Rod's ridiculous deal that he signed a few years ago, but A-rod was coming off an MVP year and he was 32, not 36. Jeter is coming off the worst year of his career and still would be the highest paid shortstop at $15 million per year.

The Yanks have spent an absurd amount of money the last three years on Tex, A.J. and CC and they will probably offer Cliff Lee $150 million, but at some point Hank Steinbrenner and Brian Cashman have to put a stop to the the blank checks. Jeter deserves better than the lowball, but $150 million can't happen.