Robinson Cano has been the Yankees best hitter for at least the past two years, but was probably the biggest reason for their early exit in the ALCS this season when he went into a 0-for-29 slump. That hasn’t stopped Brian Cashman from considering extending Cano’s deal before his contract is up and it hasn’t stopped Cano from expecting a 10-year deal and a boatload of money.
Whenever I have asked about his financial goals, Cano always has said he is not concentrating on that subject. Yet a few members of the team told me Cano has said he is expecting a 10-year contract at top-of-the-market dollars. In a conversation with me yesterday, Boras also did not give numbers, but it was clear he expects his client to be treated financially like one of the great players in the game.
And it certainly seems like Cano’s agent Scott Boras is ready to ask for quite a bit. After all, Cano didn’t fire his agent almost two years ago to give the Yankees a hometown discount. Boras also mentioned that he doesn’t think a deal will be struck this season because he thinks the Yankees won’t have the urgency to do so. Which is correct, Boras will expect top dollar despite the fact that he won’t be on the open market perhaps asking for as much as $250 million and it seems unlikely the Yankees would be urgent to sign such a contract without similar offers from other teams.
Cano has a one-year, $15 million option that the Yankees will certainly pick up in the coming weeks. If they managed to sign him to an extension this offseason, that $15 million would be included in the calculation of his average annual value that counts against the luxury tax thus slightly bringing it down a bit.
Personally, I think the idea of a 10-year deal for Cano is crazy. It’s possible that he could get that on the open market from a desperate team, but the Yankees should insist against it. He’s going to be 30-years-old tomorrow, he’ll be 31 by next offseason. Giving him a 10-year-deal that brings him to age 41 would be like giving A-Rod his 10-year, $275 million albatross all over again.
Cano is a great player, but if that’s what it takes to sign him then maybe the Yankees should consider other options.