Today’s Derek Jeter mishegoss is brought to you by the Daily News and the New York Post.

First up, from Anthony McCarron in the News:

Yankee president Randy Levine said Wednesday that Jeter is “allowed to test the market” and that it’s “a different negotiation than 10 years ago,” adding further intrigue to the developing talks with the free-agent shortstop.

While Levine was careful to praise Jeter several times Wednesday, noting that the shortstop is “one of the greatest Yankees ever,” he also kept pointing out that being in pinstripes has benefitted Jeter, too.

“All I can say is we think he’s a great Yankee, we think he’s been a great Yankee and we’ve been great for him and this is the best place for him,” Levine said. “But he’s a free agent and he’s allowed to test the market and do whatever he wants.”

And from Joel Sherman in the Post:

The Yankees are planning to make a contract offer of at least three years to Derek Jeter very soon, perhaps before the end of this week, The Post has learned.

The Yankees had hoped Jeter would make an initial proposal, but now recognize that is not going to occur. So the team has decided it is time to try to move the negotiations forward.

The expectation is the Yankees will offer something in the three-year, $45 million range, which will create some negotiating room to climb toward $57 million to $60 million on a three-year deal or perhaps go to a fourth-year option or a straight fourth year as a way to reach a settlement. Of course, that is assuming Jeter finds that range acceptable.

“The will is there to get it done,” Yankees president Randy Levine said. “And I believe there is a way.”