Derek Jeter had an $9.5MM option to play next season, but the Yankees and Jeter's agent Casey Close agreed to a new one year deal worth $12MM for the 2014 season. No word if the $9MM worth of incentives that were in the original option (Gold Glove, Silver Slugger, LCS MVP, WS MVP or top 6 in AL MVP) are included the new deal.
The new deal will also add to the calculation of the $189MM luxury tax level for the 2014 season. It was originally reported that the deal had the advantage over Jeter's player option, because it would reduce the amount by $2MM.
Jeter played in just 17 games in the 2013 season after he still felt the effects of the broken ankle he suffered during the 2012 post-season. The 19-year veteran also broke the ankle in another spot during spring training and was plagued by an injured quad when he returned from the disabled list in July.
With the retirements of Mariano Rivera and Andy Pettitte, the Yankees captain is the lone holdover from the teams that won four titles between 1996 and 2000.
Update: 4:20 PM EDT.
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