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.