Derek Jeter and the New York Yankees came to terms on his new contract after a final face-to-face meeting, which occurred in the New York area on Saturday, according to sources with knowledge of the negotiations. Jeter, agent Casey Close, Yankees owner Hal Steinbrenner, president Randy Levine and general manager Brian Cashman all were present. The meeting took place to complete the contract and heal wounds that occurred during the testy negotiations. According to an official with knowledge of the contract, the guaranteed portion is $51 million over three years. There's an $8 million player option for a fourth year. The guaranteed portion includes a $3 million buyout if Jeter were to decline the option for 2014. If he exercises it, he would earn a total of $56 million over the four seasons. Read more: http://sports.espn.go.com/new-york/mlb/news/story?id=5884052
