Yankees Near to Locking Up Robinson Cano…
We may have another young, rich, infielder on the horizon.
Robinson Cano and New York neared agreement on a $30 million, four-year contract. The 25-year-old second baseman batted .306 with 19 home runs and 97 RBIs last season.
From the New York Times: When major league teams and players submitted figures for salary arbitration last week, the Yankees and second baseman Robinson Canó had a substantial gap. The team offered $3.2 million, and Canó requested $4.55 million.
But instead of preparing for a hearing, the sides are gaining momentum on a multiyear contract in which the Yankees would buy out Canó’s arbitration years. The Yankees, who once eschewed long-term deals for young players, are in serious discussions with Canó.
The talks have not been completed, but they are centered on a roughly four-year, $30 million deal that would take Canó through the 2011 season.
Canó, who has fewer than three years of service time, would be eligible for free agency after 2011, though the deal may include club options..
Canó, 25, has batted .314 for the Yankees since joining the team in May 2005. An All-Star in 2006, he hit .306 with 19 homers and 97 runs batted in last season.
The Yankees have made little progress with their other star player who is eligible for salary arbitration, starter Chien-Ming Wang.
The Yankees offered Wang $4 million, and he is asking for $4.6 million.
It may be money well spent in the long run…
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