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Source: Yanks, Derek Jeter at impasse

Updated: November 30, 2010, 11:34 AM ET
By Wallace Matthews | ESPNNewYork.com

NEW YORK -- Negotiations between the Yankees and Derek Jeter are at a standstill until Jeter and his agent, Casey Close, "drink the reality potion," according to a source close to the negotiations.

According to the source, a baseball industry executive who has knowledge of both sides' positions, the Yankees are not budging from the three-year, $45 million offer they made to Jeter earlier this month, nor has Jeter moved off his demand for a longer contract believed to be in the area ...

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