Saturday, June 22, 2013

Robinson Cano, Yankees far apart on contract extension: Report

For all of those New York Yankees fans who thought signing Robinson Cano to a contract extension was a slam-dunk after the All-Star hired Yankees-loving Jay-Z's Roc Nation Sports for representation, think again.

CBS Sports is reporting  that second baseman Robinson Cano and the Yankees are far apart on terms of a contract extension, making it increasingly likely that Cano will head into free agency after the season.

Jon Heyman writes:

They may well talk, but it remains uncertain whether they have anything to talk about — making free agency a very likely outcome for the Yankees’ star second baseman at this point.
That doesn’t mean he won’t end up with the Yankees — word from other players is that the Yankees remain by far and away Cano’s preference, no surprise — it just means there’s a very good chance he won’t have a new deal with anyone until at least November or perhaps later.

While Cano isn't speaking abut contract talks publicly, he is said to have told friends that he'd like somewhere in the neighborhood of $275 million — the very same as the regrettable Alex Rodriguez Yankees contract. The Yankees aren't believed to be interested in going anywhere near those numbers and, in fact, at one point suggested something a lot closer to the contract of crosstown All-Star third baseman, David Wright — who signed his $138 million, eight-year Mets contract last winter with a year to go before free agency.

Cano is earning $15 million this year, the second of two option years that were part of the four-year $30 million contract he signed in February 2008 to avoid arbitration. Most estimates have him earning in the neighborhood of $200 million. He will turn 31 in October, meaning his contract will take him through most of his late-30′s.

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