Jeter is scheduled to play at least five innings for the RailRaiders in a game against Lehigh Valley.
"That's really good news," Yankees manager Joe Girardi said. "That obviously means his ankle feels a lot better. He's been dying to get out there since spring training and he's had some setbacks. But this is a really good sign."
Alex Rodriguez, who hasn't played this season, was scheduled to play Friday afternoon for the Yankees' Class A team in Tampa, but the game was rained out.
Click here for more details on Jeter's rehab.
KURODA OK: In other injury news, right-hander Hiroki Kuroda, who missed his previous scheduled start due to pain in his left hip, threw a full bullpen session Friday without incident.
DECISION TIME FOR PINEDA: Cashman said he has made a decision on what he'd like to do with Michael Pineda, who is scheduled to make the final start in his 30-day rehab clock on Saturday. The Yankees will have to decide what they want to do with Pineda after he starts on Saturday for Double-A Trenton.
Cashman also predicted that Eduardo Nunez is close to returning to the Yankees. He said he expected Nunez to be back in the Bronx before Jeter or Rodriguez return. Nunez is out with an oblique strain.