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Report: Jeter’s offer from the Yankees will be three years, $45-60 million

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Wallace Matthews of ESPN reports that the Yankees are currently preparing offers for Derek Jeter, Mariano Rivera and Cliff Lee. Matthews’ source tells him that Jeter’s offer will be for three years and between $15-20 million per year.

The Yankees are expected to have a deal done with Jeter before either Rivera or Lee, Matthews reports. If the Yankees do manage to outbid the competition for Lee, the team does not expect that deal to be done until mid-December, after the Winter Meetings.  The team is holding off on putting together an offer for Andy Pettitte until he decides that he’s coming back next year.

The $15-20 million figure for Jeter is not too far off from what the pundits had been predicted. A little on the high side if they go $20 million a year, of course. And no matter where it ends up, the deal will be worth way more than Jeter is worth on purely baseball merits. But hey, it’s Jeter. It’s the Yankees. You knew those crazy kids were going to stick together and you knew it was going to be expensive.

Forget it Jake, it’s Yankeetown.

Report: Royals and Eric Hosmer have discussed a long-term contract extension

SAN DIEGO, CA - JULY 12:  Eric Hosmer #35 of the Kansas City Royals and the American League rounds the bases after hitting a home run against the National League in the 2nd inning of the 87th Annual MLB All-Star Game at PETCO Park on July 12, 2016 in San Diego, California.  (Photo by Denis Poroy/Getty Images)
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Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.

Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.

Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.

Yankees sign Jon Niese to a minor league deal

PHOENIX, AZ - AUGUST 17:  Jonathon Niese #49 of the New York Mets delivers a pitch during the first inning against the Arizona Diamondbacks at Chase Field on August 17, 2016 in Phoenix, Arizona.  (Photo by Jennifer Stewart/Getty Images)
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Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.

According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.

Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.