Report: Yankees, Derek Jeter are about $65-75 million apart

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Oh boy, I closed my eyes for about seven hours and the story has already changed! What a surprise.

OK, so it’s just a variation of what was reported by Michael S. Schmidt of the New York Times last night, but Anthony McCarron and Bill Madden of the New York Daily News report that Derek Jeter’s camp has proposed a five-year deal worth between $22-24 million per season.

The only offer we have heard from the Yankees’ side of things is three years at $15 million per season. So, to bring things up to date, there’s still about a $65-75 million difference to make up here.

The best part is that McCarron and Madden write that the two sides are “appear to be inching toward a middle ground.” Really? Sounds like the wrong unit of measurement.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.