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The Yankees have no plans to offer $200 million to Robinson Cano

Dec 2, 2013, 11:15 PM EDT

cano gray getty Getty Images

It was reported earlier today that the Yankees and Robinson Cano are “oceans apart” in contract negotiations. And just in case there was any doubt, Jeff Passan of Yahoo! Sports hears that the Yankees aren’t willing to budge from their current position.

Long baseball’s spending leviathan, the New York Yankees are adamant their stance in negotiations with the star second baseman is not pure posturing, sources told Yahoo Sports. Despite Cano’s request for a nine-year, $252 million deal in the parties’ last meeting, the Yankees do not believe Cano is worth the highest average annual value in the game and are sticking hard by a seven-year, $160 million offer that they tell executives and agents may have $15 million of wiggle room.

“They are not going to go to $200 million,” one executive familiar with the Yankees’ plans said. “Period.”

This sounds like posturing on the part of the Yankees, but until another team steps up as a legitimate threat to sign Cano, they have little reason to compromise on their valuation. As of now, the Mets are the only confirmed team to meet with Cano’s representatives, but they aren’t expected to pursue him. For what it’s worth, Passan hears from officials that the Nationals and Mariners might be the biggest threats. But until that happens, the Yankees appear content to wait him out. Hard to blame them, really.

  1. flamethrower101 - Dec 2, 2013 at 11:21 PM

    I can just see it now: Spring Training 2014 comes around and Cano is still waiting for a contract. Meanwhile the Yankees have a backup plan ready at 2B. Then, after Cano comes crawling back to accept their offer, the Yankees decide that they are pulling their offer off the table, leaving Cano without a team.

    I agree with this whole post. The Yankees have all the leverage right now. Until a team steps off and makes a huge offer to Cano they have no reason to suck up to his demands. If his or his agents’ argument is “Well you did it for AROD, why not for me?” then he needs to find new representatives.

    • Cris E - Dec 2, 2013 at 11:37 PM

      I like the idea of Detroit swinging through on a rope and plucking him like they did with Fielder a few years ago. (I also like the visual of a 200 year old Illich on a Tarzan rope, but now I’m doubting the notion of “plucking” anyone of Prince’s girth.) At any rate they seem to have cleared some long term room so they could take a run at him. Even if it’s only enough to scare the Yankees I see 7/160 going to 6/155 or 7/175 pretty quickly.

      • Glenn - Dec 3, 2013 at 12:02 AM

        And “plucking” Fielder for way too much money was a good idea? They were lucky to shed that awful contract or else they would have been “fleeced”. “Shear” lunacy.

  2. uyf1950 - Dec 2, 2013 at 11:29 PM

    So far I have to commend the Yankees Ownership/Management for their stance. I firmly believe in the long run it will work to their benefit.

  3. Stiller43 - Dec 2, 2013 at 11:36 PM

    If he had an amazing offer elsewhere, he would have taken it by now. Absolutely no reason to budge

  4. m3dman3 - Dec 2, 2013 at 11:40 PM

    7 years /175 million. Offer that if he says no let him walk and sign Infante and Choo

  5. phillysports1 - Dec 3, 2013 at 12:16 AM

    I’m sick and tired of hearing about him already . Please Toronto sign him !!!!! For crying out loud !

    • nbjays - Dec 3, 2013 at 10:24 AM

      Why the hell do you think Toronto needs him? We have a second baseman who costs a lot less money than Cano. The only one who thinks Cano is worth more than 20M per year is Cano (and Jay-Z, I guess).

      • Kevin S. - Dec 3, 2013 at 10:46 AM

        Maicer Izturis? He costs a lot less money because he’s not good at baseball. If Toronto has the room in their budget they should jump all over Cano.

      • tved12 - Dec 3, 2013 at 1:15 PM

        Why a monkey?

        I’ve been watching the MLB for years now and have yet to see a monkey, ape, gorilla, etc.. swing a bat. Seems to me like you struggle with the laws of supply and demand…

  6. easywolf - Dec 3, 2013 at 12:16 AM

    22 million for a monkey to swing a bat and he’s still not happy and wants more? Baseball suuckssss

    • cardsman - Dec 3, 2013 at 7:55 AM

      why not, they gave an idiot like you access to the internet

  7. thepoolshark - Dec 3, 2013 at 2:31 AM

    All his loafing to first has come back to bite him in the buttocks, as Gump would say. Although I wouldn’t mind being bitten there for $160+MM. You can buy a lot of stitches for that amount of cash. Reminds me of Pujols saying he was insulted by a 200 million offer from the Cards. I get insulted every day for much less, so bring those 200 MM insults on.

    • uyf1950 - Dec 3, 2013 at 5:17 AM

      It’s not a matter of him (Cano) sometimes slacking off running to 1st base or what may appear to be a lack of hustle on occasion. It’s a case of supply and demand and management wising up to those “mega” deals. Right now the demand is low with a lot of the big market, big spending teams set at 2nd base. Also management isn’t blind to the fact that so many of the “mega” deals over the past few years have turned out terrible for their teams, Pujols, Fielder, A-Rod, Tex, Johan Santana, Wells, Zito, Kemp, Hamilton and the list goes on and on. As I said in an earlier post here I commend the Yankees for finally waking up.

      • 18thstreet - Dec 3, 2013 at 7:58 AM

        It’s true — there’s SO FEW big deals that work out for the team. Manny Ramirez and Derek Jeter’s are the only ones I can think of. Pedro Martinez worked out amazingly for the Red Sox, but they got him via a trade and then extended him. How often does it work out that a player is a free agent and gets a 6-plus year deal that makes any sense at all?

        It would be interesting to see if some rich team tries giving big, big money for fewer years. How would Cano respond to an offer from a team like Boston or Philadelphia (note: neither team wants him; this is hypothetical) for 2 years, $40 million per year? Would a rich team ever do that?

      • Kevin S. - Dec 3, 2013 at 8:25 AM

        Probably not if they were up against the LT. Also, Boston values its draft picks, I doubt they surrender one for just two years of any player.

        As for big deals that work out, you forgot about A-Rod’s first mega-contract, Pujols’ extension, Miguel Cabrera’s extension, Carlos Beltran’s deal, Kevin Brown’s contract that originally broke the nine-figure barrier, as well as the so far, so good deals (at least three years in) for Matt Holliday, CC Sabathia, Cliff Lee, Joe Mauer and Troy Tulowitzki. There’s legitimate reason to be wary of big deals, but they work out far more often than you imply.

      • uyf1950 - Dec 3, 2013 at 11:09 AM

        Kevin S, I’m not sure you are comparing apples to apples. For example A-Rod, Pujols and Cabrera were all very young when they signed their 1st long term deals. The same is true for Mauer and Tulo and I think the jury is out on both those deals especially Mauer they gave an 8 year nearly $200 deal to a catcher who just 3 years into the deal has to be moved to play 1st base and let’s be honest the Mauer and Morneau deal’s have handcuffed the Twins ability to really improve.
        BTW, I’m think Matt Holliday’s deal 7 yrs/$120MM = $17MM per at least in my opinion doesn’t really qualify as a “mega deal”. It’s a substantial deal but by today’s standards for an elite player it’s almost chump change.
        But sure there are some “mega deals” that work out for the better portion of their contracts, but I think they are few and far in between

      • Kevin S. - Dec 3, 2013 at 11:35 AM

        You’re right about the ages – in fact, I’ve found that the biggest determinant to a nine-figure contract working out is how old the player is when it starts. I was responding to the idea that none of them work out, not that Cano’s is likely to work out. As for Holliday, I’ve used the $100 million threshold as the standard for a mega-contract, although obviously there’s a large difference between Jason Giambi’s seven-year, $120 million contract signed in 2002 and Matt Holliday’s seven-year, $120 million contract signed in 2010.

        Here’s the thing with Cano – if he gets the kind of deal that players of his caliber typically get on the market (something over $200 million in this case), then it’s likely to be a bad deal. But if the odd market Cano’s facing with all of the big-money teams having second basemen in place keeps his contract down near the Yankees’ offer, then there’s no winner’s curse and Cano has a fair chance of providing enough surplus value in the first two or three years of the deal to make up for being below-value at the back end of it.

      • uyf1950 - Dec 3, 2013 at 12:01 PM

        Kevin S, I’m temped to agree with your comment about Cano if the Yankees can sign him for close to what they are reported to having offered him. Something in the neighborhood of 7 years and $160MM +/-. As a fan I could live with 8 years and $180MM because it lowers the AAV of his contract to $22.5MM the exact same amount as what Tex signed for. Realizing that for probably the last 3 years of an 8 year deal Cano will not produce as much as we would like. But for at least the first 3 or 4 years the Yankees are getting more then their monies worth and the middle 2 years it’s probably a wash considering inflation. Like i’ve said all along if that’s not good enough let him walk and move on. Use that money to improve the Yankees in several positions of need.

        Having said that though in a perfect world at least from my perspective the Yankees would sign him for no more then 6 years guaranteed and no more then $150MM.

  8. Old Gator - Dec 3, 2013 at 6:31 AM

    Look for the Feesh to go “all in” on the bidding for Cano, like they’ve gone “all in” for Abreu, careful not to make a heavily backloaded offer quite good enough (and pre-sabotaged by their refusal to extend no trade clauses) actually to encourage Cano to say yes.

    Meanwhile, of course, Feesh season teecket packages will be on sale until the day before the end of the weenter meetings….

  9. sisisisisisisi - Dec 3, 2013 at 8:04 AM

    the $300 dollar man can only afford $600 monthly child-support for his kid

    it’s damn sad sad sad world

    http://espn.go.com/new-york/mlb/story/_/id/9764266/robinson-cano-child-support-battle-mother-son

    • sisisisisisisi - Dec 3, 2013 at 8:05 AM

      $300 million

      • dcarroll73 - Dec 3, 2013 at 8:52 AM

        Of course right now he is sort of ‘unemployed’, right?

      • largebill - Dec 3, 2013 at 9:02 AM

        dcarroll73,

        Somehow I have a feeling that “unemployed” has a different meaning for Cano than for me and others.

        I will decline to comment on his child support issues since it is quite likely we are not getting the full story. Often, men foolishly provide forms of support that don’t get a receipt. Had a boss in the 80’s who gave cash to his wife and sometimes to the kids while going through separation enroute to divorce. When it came to court his claims of support fell on deaf ears since he had no receipts. Friendly divorces can only be worked out by unicorn lawyers.

  10. pisano - Dec 3, 2013 at 10:45 AM

    Tell Cano to see what the Dominican baseball league will offer him. The Yankees should move on from Cano. The money saved by letting him walk will fill more than a few weaknesses they have. He’s not going to make that much difference one way or the other.

    • Kevin S. - Dec 3, 2013 at 10:47 AM

      No, it won’t. At best, it will get the Yankees two average players or an above-average player and a bench player.. Stop acting like the Yanks can get three or four good players for Cano’s money.

      • pastabelly - Dec 3, 2013 at 3:14 PM

        Agree with this. If they were to pay Cano $25M for 8 years at $200M, that gets you Ellsbury and a $3M short reliever. Even as a Red Sox fan, I’d rather give Cano the $200M than get Ells and a spare part. Although, I can see the Yankees signing both Cano AND Ellsbury. Strength up the middle with McCann, Cano, and Ellsbury will be a big difference maker for NY, but Jeter will be a major weakness.

  11. cackalackyank - Dec 3, 2013 at 12:07 PM

    7/175. Maybe add some performance/health based vesting type options that would take him to age 40 at a lower aav. Take it by the winter meetings or vaya con dios.

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