3 years, up to 51 million with an unspecified option year.

The Yankees and Derek Jeter will finalize a three-year deal today after hammering out the final details on a contract that will pay the captain between $15 million and $17 million a year, according to a person briefed on the situation.

I really had hoped this would drag out, and be a distraction from the Lee deal.  I really was hoping that Rivera and Jeter would be a multi month circus.