Derek Jeter, the New York Yankees and the Absence of Alternatives
The economic logic of Jeter coming back to the Yankees remains quite strong especially because neither Jeter nor the Yankees have any other real options. The messages coming from both sides seem more about trying to influence the final offer by a few million dollars one way or the other than really exploring alternatives. Nonetheless, these public spats can get nasty quickly. If the fight gets so bad that negotiations collapse, the real loser will be Jeter who will have to sign somewhere else for a lot less money. The Yankees will also be worse off in the short run, because they will be weaker at shortstop. Perhaps that would lead them to taking a year or two and rebuilding rather than overpaying for other free agents after losing Jeter, but that is not the Yankee way either.