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Yankees re-sign Derek Jeter

Updated: November 1, 2013, 6:43 PM ET
By Andrew Marchand | ESPNNewYork.com

NEW YORK -- Despite coming off an injury-plagued season, the New York Yankees chose to reward captain Derek Jeter for his years of good service by re-signing the shortstop Friday to a $12 million contract for 2014.

The new contract is $2.5 million more than the player option Jeter could have picked up for next year.

A source with knowledge of the negotiations told ESPN New York that the talks were largely held between Jeter and team owner Hal Steinbrenner, who both live in ...

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