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The Yankees Have Reportedly Upped Their Offer to Derek Jeter, But Was It Too High to Begin With?

Plenty of outlets are reporting that the Yankees have increased their three-year, $45 million offer to Derek Jeter — though no one is reporting (yet) exactly by how much they've increased it. Meanwhile, Jon Heyman tweets that not only have the Yankees upped their offer, but Jeter's camp has lowered its request (though again, no actual figures yet). But should the Yankees have offered Jeter as much as they did in the first place? Will Leitch, in next week's mag column, now online, says they shouldn't have. Writes Leitch: "Their first offer, the one that Jeter and Close appeared to be so confused by, the reported three-year, $45 million proposal, was insane for the exact opposite reasons that Jeter and Close thought it was insane: It's way, way too much. You can make an argument that, honestly, the Yankees shouldn't sign him at all. But given a dispassionate assessment of his market value, I'd offer him one year, $5 million ... tops." Check out the column, here.

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Illustration: Andy Friedman