(Courtesy of the AP)
I don't think there are many out there who thought Derek Jeter wouldn't be playing for the Yankees in 2014. I also don't think there are many out there, myself totally and completely included, who thought Jeter would be playing for the Yankees on a new, higher-dollar contract in 2014. The announcement of Jeter's new 1-year/$12 million yesterday afternoon was confusing to the say the least, as there seemed to be little real reason for it to happen. The subsequent discussion and differing information on the luxury tax implications of the new deal made the situation even more confusing, and the latest reports on those figures make the deal look like a poor decision on the part of the Yankees.
Regardless of average annual values or luxury tax implications, the move to re-sign Jeter to this new deal wasn't a good one yesterday and still isn't today. It has nothing to do with money and nothing to do with Jeter's production potential next season. Once again, what makes this move a bad one is what it says about the direction the Yankee franchise is taking.