# 2 Derek Jeter (SS) 3 years/$51M (2011-13), plus 2014 player option
* 3 years/$51M (2011-13), plus 2014 player option
o re-signed by NY Yankees as a free agent 12/6/10
o 11:$15M, 12:$16M, 13:$17M, 14:$8M player option ($3M buyout)
o $2M annually deferred without interest, payable each 3/15, 2015-17
(present-day AAV about $16M)
o 2014 option may increase to $17M based on awards earned in 2011-13:
$4M for AL MVP; $2M for 2nd-6th in MVP vote;
$1.5M for Silver Slugger;
$0.5M each for Gold Glove, ALCS MVP, WS MVP
o if 2014 option is exercised at less than $17M,
Jeter may earn same bonuses in 2014, up to $17M