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Sources: Derek Jeter deal expected

Updated: December 4, 2010, 12:52 PM ET
By Wallace Matthews and Andrew Marchand | ESPNNewYork.com

NEW YORK -- By Sunday night, it is expected that the New York Yankees and Derek Jeter will have extended their relationship for the next three seasons, and possibly four -- representing a dose of "reality potion" for both sides.

The club and its iconic shortstop and captain are hoping to finalize a new contract in the next 24-48 hours, according to two sources with knowledge of the negotiations. The deal will pay Jeter approximately $17 million per year for three seasons with an optional ...

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