UPDATE: Yankees on verge of deal with Derek Jeter

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UPDATE: We’re still hearing it’s a three-year deal worth between $15-17 million per season, but here’s a little more on the fourth year.

A source tells Marc Carig of the Newark Star-Ledger that the fourth year will include a combination of guaranteed money and compensation that will also be tied to incentives. Described as “very unusual” by the source, the two sides are still “tweaking” the structure of the fourth year, which appears to be the final hurdle before this one becomes official.

Carig writes that negotiations could be completed as soon as tonight, but that an official announcement may not come until next week’s winter meetings.

11:32 AM: Jack Curry of YES Network reports that both Derek Jeter and Mariano Rivera have agreed to defer money as part of their new contracts.

10:25 AM: Jon Heyman of SI.com hears that Jeter’s new contract is “for around” $16 million per season and may be finalized by as soon as today. He adds that “final hurdles” will determine how the fourth year will be treated. Meanwhile, Ken Rosenthal of FOXSports.com writes that it will be a three-year deal worth between $15-17 million per season. Interestingly, he hears that a fourth year will not be guaranteed, nor will it be a vesting option, however it will be something called a “creative, hybrid solution.” Stay tuned.

8:37 AM: While most of us were sleeping, Sweeny Murti of WFAN.com tweeted that Derek Jeter and the Yankees were talking about a three-year contract worth $51 million (less than last night’s reported numbers) which would include an option for a fourth year valued at $10 million. He reports that the two sides are getting “very close.” I imagine it was the Rod Barajas contract that gave Jeter the leverage he needed.

In any case, it sounds like an agreement could be reached at any moment, so stay tuned for the latest.

Friday, 11:25 PM: It’s almost over.

Roger Rubin and Bill Madden of the New York Daily News report that the Yankees could reach a deal with Derek Jeter by as early as tonight or Saturday.

No surprise, both sides compromised from their initial demands. According to the report, Jeter would make somewhere “in the neighborhood” of $19 million annually over three years and the contract could include a vesting option for a fourth year with “reachable parameters.” Gee, it’s almost like this whole thing has been scripted.

Sweeney Murti of WFAN.com hears similar contract details and adds that the Yankees are “working into the night” to get a contract done. It sounds like they want to get Jeter and Mariano Rivera out of the way before the winter meetings begin next week.

Steve Delabar among three suspended after testing positive

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Three players were suspended on Monday after testing positive for performance-enhancing drugs. They are: Indians pitcher Steve Delabar, Mariners pitcher Jonathan Aro, and free agent pitcher Jeffry Hernandez. Aro got a 50-game suspension while the other two were handed 80-game suspensions.

Delabar, 33, hasn’t pitched yet this season after signing a minor league deal with the Indians back in January. He spent last year with the Reds as well as the Hiroshima Carp in the Japan Central League. The right-hander has struggled over the last few seasons.

Aro, 26, also hasn’t appeared yet this season in the minors. He’s worked mostly in relief. The right-hander appeared briefly in the majors with the Mariners last season and logged 10 1/3 innings in the show with the Red Sox in 2015. Aro went to the Mariners along with Wade Miley in the trade that brought the Red Sox Carson Smith and Roenis Elias.

Hernandez, 22, is a free agent and his suspension will be effective if and when he signs with a new team.

Phillies place Aaron Nola on the disabled list

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The Phillies announced on Monday that starter Aaron Nola has been placed on the 10-day disabled list, retroactive to April 21, with a lower back strain.

Nola, 23, compiled a 4.50 ERA with a 15/6 K/BB ratio over his first three starts spanning 16 innings. He felt some back soreness during his last start on Thursday against the Mets, and it lingered when he had a side session on Sunday.

CSN Philly’s Jim Salisbury hears that the Phillies are likely to call up Nick Pivetta from Triple-A Lehigh Valley to take Nola’s place in the rotation. Nola was scheduled to start on Wednesday.

Pivetta, 24, was acquired from the Nationals in the Jonathan Papelbon trade in July 2015. At Triple-A so far, Pivetta has given up only two earned runs on 12 hits and two walks with 24 strikeouts in 19 innings.