Derek Jeter, Yankees agree to reworked contract for 2014

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Derek Jeter and the Yankees have agreed to a one-year, $12 million contract for 2014.

On one hand that represents a $5 million paycut from this season, when Jeter missed all but 17 games and wasn’t effective when in the lineup. On the other hand his old contract included a $9.5 million player option for 2014 and he’s getting a nice $2.5 million raise on that.

There was obviously never any chance of Jeter playing for another team and a couple million dollars means little to the Yankees, but it’s an interesting little series of events considering he was injured for nearly the entire season and is 40 years old. By tearing up the 2014 option and agreeing to a reworked deal the Yankees avoid some luxury tax ramifications tied to the average annual salary of his old contract. So this costs the Yankees more money in salary, but saves them some money in luxury tax payments.

Report: Phillies interested in Manny Machado; Orioles have done homework on Phillies’ minor league system

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Orioles third baseman Manny Machado will become a free agent after the 2018 season and there hasn’t been much in the way of progress on a contract extension between the two sides. It seems as if Machado will test the open market next offseason.

The Phillies, currently with relatively minuscule obligations for the 2018 season and beyond, are expected to be big players for Machado, as well as other potential free agents like Bryce Harper. In fact, the Phillies may not even want to wait until next offseason, as Roch Kubatko of MASN reports that the club has expressed interest in Machado to the Orioles. In return, the O’s have been doing their homework on the Phillies’ minor league system.

Kubatko notes that the Orioles like, in particular, Phillies prospects Sixto Sanchez and Scott Kingery. The Phillies may be hesitant to part with either considering they can get Machado for a lot of cash but no prospects next winter. MLB Pipeline rates Sanchez as the Phillies’ best pitching prospect and the second-best prospect overall in the system. Kingery is third overall and the top infielder. While the Phillies’ system is among the best in baseball, its notable weakness is pitching, so parting with Sanchez — who throws in the upper 90’s and can hit triple digits — would be a big ask. Kingery is seen as the club’s next second baseman of the future, so much so that the Phillies are shopping Cesar Hernandez at the Winter Meetings.

As usual with rumors during the Winter Meetings, there may be some smoke but no actual fire here. The Orioles are likely to get continued interest in Machado from many teams between now and the July 31 non-waiver trade deadline. They are simply doing their due diligence by seeing what the Phillies and others have to offer for Machado.