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2011 MLB Free Agency: Derek Jeter Is A Free Agent

Derek Jeter of the New York Yankees was among the first 142 players who filed for free agency Monday night. Players could file as soon as the San Francisco Giants recorded the final out of their World Series victory over the Texas Rangers.

Jeter, of course, is going nowhere. The iconic 36-year-old shortstop will re-sign with the Yankees. The interesting part will be just how torturous this negotiation is for both Jeter and the Yankees.

The Yankees captain is expected to remain in the Bronx. But, with the 36-year-old shortstop coming off one of the worst seasons of his career, it is not known how easily the two sides will come to an agreement.

Jeter earned $21 million last season when he batted just .270 in the final year of the 10-year, $189 million contract he signed before the start of the 2001 season.

It seems highly unlikely the Yankees would shell out $20 million or so per season for Jeter at this point in his career. It will also be interesting to see the length of the contract the two sides settle on.

Lance Berkman and Nick Johnson of the Yankees also filed for free agency.

Great Yankee closer Mariano Rivera is also eligible for free agency. That, also, is expected to be just a formality. Rivera is not retiring, and he is not going to pitch for another team.

Across town, four New York Mets filed for free agency -- pitchers Pedro Feliciano, Elmer Dessens and Kelvim Escobar and infielder/outfielder Fernando Tatis.

Players who file for free agency must negotiate with their former team for the first five days after filing. After that period they can negotiate with all teams.