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Yankees have talked to Robinson Cano about extension

Feb 8, 2013, 1:28 PM EDT

New York Yankees infielder Robinson Cano gestures during workouts before a spring training baseball game against the Boston Red Sox in Tampa

Yankees owner Hal Steinbrenner told reporters today that “there’s been a conversation or two” with Robinson Cano about a long-term contract extension.

Cano is entering the final season of a deal signed in February of 2008 and will make $15 million before hitting the open market as a free agent.

Cano is a Scott Boras client and the agent typically encourages players to avoid extensions once they near free agency, but then again the Yankees rarely let an in-his-prime star leave. That could mean simply out-bidding everyone else for Cano as a free agent, of course.

Adding to the intrigue is that Cano has a chance to become the highest-paid second baseman of all time. In fact, he almost surely will. Right now Ian Kinsler has the highest average annual salary at $15 million and no second baseman has ever gotten $100 million. That says something about how second basemen tend to age and about how teams tend to value infielders who lack the range/arm to play shortstop or the arm to play third base, but regardless of all that Cano will top $100 million with ease.

  1. vallewho - Feb 8, 2013 at 1:38 PM

    6 years?

  2. southofheaven81 - Feb 8, 2013 at 1:42 PM

    If they let Cano walk because of some piddling, luxury tax-inspired lowball offer the Yankees deserve to come in last place in 2014.

    • churchoftheperpetuallyoutraged - Feb 8, 2013 at 1:53 PM

      Or it’s possible that it doesn’t make a lot of sense to sign an over 30 2b for 6+ years and $120M+? If only someone wrote an article on this website about how fast 2b fall off the table. That would be a great thing to read…

      • vallewho - Feb 8, 2013 at 2:48 PM

        I don’t think it’s wise…but 6 years is probably what it will take.

    • djpostl - Feb 8, 2013 at 3:39 PM

      Rofl. If they give a long-term deal to a 2B, no matter who they are, they deserve to finish in last place.

      And I say that as both a fan of Cano and my beloved Yankees.

  3. cackalackyank - Feb 8, 2013 at 1:54 PM

    Between the Boras connection and the explosion of new TV money, look for this to be a non-starter. If the NYY are serious about the 189 million luxury tax threshold, and want to have a shot at fielding a somewhat balanced competitive team they cannot bid very freely for his continued service. There is too much money tied up in A-rod, Tex and Sabathia. Retaining Cano will not be the only issue either. The NYY project to need 2 starters, a closer, and since it hasn’t really been addressed this year, catching and right handed of/dh help.

  4. soobster - Feb 8, 2013 at 2:06 PM

    I bleed pinstripes but a 6 year deal would be crazy. Cano is awesome but look at the cautionary tale of Chase Utley. A nagging injury or two and all of a sudden you have the most expensive DL captain in the bigs.

    • 18thstreet - Feb 8, 2013 at 3:35 PM

      Bleeding pinstripes. That I’d like to see.

    • djpostl - Feb 8, 2013 at 3:42 PM

      Utley. Robbie Alomar. Ryne Sandberg.

      Pick a second basemen that was not just good but great and see what their numbers look like at 33-34 years old (which would be half way through just a six year deal if Cano were to sign one).

      Not pretty.

  5. hojo20 - Feb 8, 2013 at 2:08 PM

    Just what the Yanks don’t need, an untradeable massive long term contract to a veteran player.

    • cackalackyank - Feb 8, 2013 at 8:57 PM

      Yeah, pretty sure we have 2 or 3 of those already.

  6. Joe - Feb 8, 2013 at 2:09 PM

    Cano’s bat will play at a corner position. Not sure if he’s really worth $20 million at a corner spot, and the Yankees have a lot of dollars already tied up at first and third over the next few years, but I’m less concerned about the 2B cliff with him.

    Then again, the Yankees have a recent history of overpaying an aging middle infielder and they pretty much got away with it.

    • slappymcknucklepunch - Feb 8, 2013 at 4:58 PM

      @ Joe..

      I never thought of corner infield spot,in your opinion,could that work?Even if it does I still would go no more than 4 x 25 or 26.

  7. bigharold - Feb 8, 2013 at 2:48 PM

    Cano will likely be resigned and it WILL be expensive. Boras will complicate things but the Yankees have shown their hand if they truly began any preliminary talks. The Yankees do not negotiate with players under contact. If they’ve already started than that pretty much tells you all you need to know about how important they think he is in the Yankee future.

  8. seahawks80 - Feb 8, 2013 at 2:58 PM

    I want Cano signed to an extension but regardless of where he signs Boras will still be a DB!!

  9. uyf1950 - Feb 8, 2013 at 3:56 PM

    Don’t count on this so called talk amounting to anything. Cano/Boras have already stated they have no intention of giving the Yankees a hometown discount. And if that is indeed the case there is absolutely no incentive for the Yankees to give try and work out a deal with them before his current contract expires. In fact it makes more sense for them to wait and see what happens during the year. You know baseball is very funny that way.

    • cackalackyank - Feb 8, 2013 at 9:01 PM

      Very true…Cano could have a career year, OR he could have an injury, have an off year, or maybe who knows..test positive for a banned substance.

  10. euie48 - Feb 8, 2013 at 4:23 PM

    Cano will have a “contract” year, the Yankees will then be forced to sign him at whatever it takes for 6 years and, then, he’ll start to break down. You can take that to the bank!

  11. yankeepunk3000 - Feb 8, 2013 at 4:52 PM

    I’m a fan of Cano but the best thing to do is let him walk. He won’t age well and then your stuck with another A-rod deal. Jesus no there are other infielders you can try and get later on.

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