Sports

Yankees Finalize $51 Million Deal With Jeter

In this Oct. 20, 2009, file photo, New York Yankees' Derek Jeter reacts after the ninth inning of Game 4 of the American League Championship baseball series against the Los Angeles Angels in Anaheim, Calif.

In this Oct. 20, 2009, file photo, New York Yankees' Derek Jeter reacts after the ninth inning of Game 4 of the American League Championship baseball series against the Los Angeles Angels in Anaheim, Calif.  (AP)

TAMPA, Florida -- The New York Yankees have finalized the $51 million, three-year contract with captain Derek Jeter.

The Yankees scheduled a news conference for Tuesday at their spring training complex to announce the deal.

The shortstop and the club reached a preliminary agreement Saturday on the deal, which also includes an $8 million player option for 2014.

Jeter was coming off a $189 million, 10-year contract. He was initially offered a $45 million, three-year deal.

Jeter had a .270 batting average with 10 homers this past season, down from a .334 average and 18 homers the previous season. While his RBIs increased by one to 67, his on-base percentage fell from .406 to .340 and his slugging average dropped from .465 to .370.

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