Jeter's probably earned a $2M raise for 2014

August, 23, 2012
8/23/12
2:48
PM ET
Derek Jeter is enjoying an MVP-caliber season, and while he is unlikely to win the award --- if he didn't get it in 2006, it's hard to imagine when he ever will -- he has at least put himself in position to make an extra $2 million in 2014 if he chooses to exercise the player option in his contract.

According to the terms of the three-year, $51 million deal he signed after the 2010 season, Jeter can choose to play for the Yankees in 2014 for $8 million, a pay cut of more than 50 percent. However, he has incentives clauses that can add as much as $6 million to his base salary if he achieves certain goals this season or next season.

One of them is a $4 million bonus for winning the AL MVP. Another is a $2 million bonus for finishing in the top six in the MVP voting. So even if he doesn't win, there's a very good chance Jeter will get enough support in the voting to add another two million bucks to his his 2014 paycheck.
Wallace Matthews has covered New York sports since 1983 as a reporter, columnist, radio host and TV commentator. He covers the Yankees for ESPNNewYork.com after working for Newsday, the New York Post, the New York Sun and ESPN New York 98.7 FM.
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TEAM LEADERS

BA LEADER
Jacoby Ellsbury
BA HR RBI R
.271 16 70 71
OTHER LEADERS
HRB. McCann 23
RBIB. McCann 75
RB. Gardner 87
OPSB. Gardner .749
WM. Tanaka 13
ERAH. Kuroda 3.71
SOH. Kuroda 146