The New York Yankees and captain Derek Jeter have finalized a 51 million-dollar, three-year contract, scheduling a Tuesday press conference to discuss the deal to keep their superstar. Shortstop Jeter and the club had reportedly reached a preliminary agreement Saturday on the deal, which also includes a player option for 2014. Jeter, who has become the face of the storied franchise over the past decade, was coming off a 189 million-dollar, 10-year contract. The Yankees initially offered him a 45 million-dollar, three-year deal. Jeter had a .270 batting average with 10 homers last season, down from a .334 average and 18 homers the prior campaign. While his RBIs increased by one to 67, his on-base percentage fell from .406 to .340 and his slugging average dropped from .465 to .370. After negotiations that were more contentions than many expected, Jeter - who originally wanted a four- or five-year deal - will get an average of about 16 million dollars a season. The guaranteed portion of the contract includes a three million-dollar buyout if the option is declined. The player option can escalate depending on various bonus scenarios, including on his finish in American League Most Valuable Player voting, league championship series MVP voting, Gold Glove or Silver Slugger awards. 