Quantcast

Robinson Cano reportedly agrees to 10-year, $240 million deal with Mariners

Robinson Cano YankeesIn the span of a few hours, Jay-Z has gone from an idiot who may have screwed Robinson Cano out of $50 million to a genius who has reportedly landed his client an absurd contract. According to ESPN’s Enrique Rojas, the Seattle Mariners and Cano have agreed to a 10-year contract worth $240 million. A physical is schedule for next Monday.

On Thursday, a report indicated that the Mariners were willing to pay Cano somewhere in the range of $230-$240 million. Talks then heated up between the two sides on Thursday night when Cano’s camp and the Mariners were reportedly close on a nine-year, $225 million contract. Things hit a snag when Jay-Z supposedly asked for a 10-year, $250 million deal at the last second and caused Mariners CEO Howard Lincoln to “explode” with anger.

The internet buzzed all morning on Friday about how Cano was an idiot for getting rid of Scott Boras because Jay-Z is in way over his head. Next thing we knew, the Mariners caved and gave Cano almost every penny that he was seeking. If all the reports are true, Jay-Z couldn’t have handled the negotiations any better.

Report: Mariners willing to pay Robinson Cano $230-$240 million

Robinson CanoThe Seattle Mariners are said to be a major contender for Robinson Cano, and one report states that they are willing to pay the second baseman $230-$240 million.

ESPN Deportes’ Enrique Rojas reported on Thursday that Cano is headed to Seattle and that the Mariners are willing to pay him $230-$240 million.

Ken Rosenthal says Cano asked for $240 million over 10 years, but the team’s offer to him was for less than $200 million. He says Cano is headed to Seattle for negotiations.

We previously told you that the Yankees will not go over $200 million to keep Cano. Their offer to him was said to be for seven years and around $160 million.

The Yankees signed Jacoby Ellsbury to a seven-year deal worth $153 million guaranteed earlier this week. We can tell you with confidence that the Yankees are willing to move forward without Cano if he receives a larger offer elsewhere and accepts it.

Seattle Mariners reportedly major players for Robinson Cano

Robinson Cano

Robinson Cano and the New York Yankees seem to be increasingly far apart in their contract negotiations, and the Seattle Mariners could be emerging as a contender to step in and sign the free agent second baseman.

We told you on Monday that Cano and the Yankees are nearly $100 million apart in negotiations. The Yankees are offering around seven years for $160 million, while Cano wants around $252 million for nine years. The Yankees reportedly will not go over $200 million to sign him.

While the Yankees are taking a harsh stance towards Cano in negotiations, the Mariners could be willing to give him closer to what he wants.

ESPN New York says the Yankees believe the Mariners might be willing to go over $200 million for eight years for Cano. Wallace Matthews quoted a source as saying “it doesn’t look good right now” for the Yankees to re-sign Cano. They put the Yankees’ chances of retaining the All-Star second baseman at “less than 50-50.”

The Mariners have frequently been cited as a team that could be a player in signing free agent hitters, but the rumors turned out to be false, or the Mariners never came through with a deal. They were said to be the runners-up for Josh Hamilton last year, and they have been cited as a possible team for free agent outfielder Jacoby Ellsbury.

Could this be the time they finally open the vault and bring in a big-time player? I don’t see the Yankees acquiescing on Cano’s wishes for a huge contract. Unless he agrees to sign for less than he wants, he might end up elsewhere.

Yankees reportedly won’t go over $200 million for Robinson Cano

Robinson Cano YankeesRobinson Cano and the New York Yankees remain worlds apart in an attempt to secure a new deal for the All-Star second baseman, according to Yahoo! Sports Jeff Passan.

Negotiations between the two parties have gone nowhere, with the difference of opinions hitting a tune of almost $100 million.

For Cano and the Yankees, it’s obviously a huge gap. Passan says Yankees sources swear they won’t go over $200 million for Cano. Instead, they’re offering around $160 million over seven years, both Passan and Newsday’s Marc Carig report. Initially, Cano’s representatives, which include rap mogul Jay-Z, supposedly led off with an asking price of 10 years at $300 million, but they have since dropped that demand to nine years for $252 million.

Still, it’s difficult to believe Cano and company will agree to anything less than $200 million unless he inks a short-term deal with the Yankees. And that creates a major gap in serious negotiations between the two, possibly increasing the possibility Cano will go elsewhere. The problem is, who can afford to pay Cano more than the Yankees? The Angels are not looking to spend money, the Red Sox are set at second with Dustin Pedroia, and the Dodgers have signed second baseman Alexander Guerrero. The Mets may have interest in Cano, but would they be willing to spend what he is looking for? Recent history suggests they wouldn’t.

It seems that Cano is hitting the market at an unfortunate time and may not end up with the contract he is seeking.

Jay-Z reportedly trying to market Robinson Cano as Michael Jordan

Robinson-Cano-YankeesRobinson Cano is easily the biggest client the newly-formed Roc Nation Sports has on its roster. If Jay-Z’s agency wants to be taken seriously going forward, Cano has to ink a massive contract that everyone can agree is equal to or surpasses what Scott Boras could have gotten the perennial All-Star. But are they aiming too high?

According to a report from the NY Daily News earlier this week, Cano’s agents are trying to sell him to teams as more than just a baseball player.

“They’re selling him as Michael Jordan, not as a baseball player,” an MLB source familiar with Cano’s situation reportedly said. “As a guy that’s going to be a big rock star and bring all these fans in. Last year, that wasn’t the case.”

Part of an agency’s job is to sell their client as more than just an athlete, but the sales pitch for a baseball player will never be the same as that of an NBA star like LeBron James or Michael Jordan. One basketball player can carry a team to a championship in addition to boosting ticket sales, merchandise sales and television ratings. That typically does not happen with baseball.

Jay-Z and company are still seeking a 10-year deal worth over $300 million, which means they are committed to making Cano the highest-paid player in the history of the game. With the Yankees reportedly starting at seven years and $160 million and no other teams making a serious run at Cano just yet, that is not going to happen. A $200 million contract is a possibility, but $300 million would be astronomical.

As for the Jordan thing, there aren’t many teams who will buy it. People tuned in to watch the Cleveland Cavaliers when LeBron was there just so they could watch LeBron. It didn’t matter how good or bad the Cavs were. No one is going to watch Yankees games just to see Cano. Baseball is simply a different product.

H/T Hardball Talk

Magic Johnson: Los Angeles Dodgers will not go after Robinson Cano

New York Yankees slugger Robinson Cano is reportedly seeking a record-setting payday this winter. If he is going to get it, the 30-year-old will likely need more than one team to step up and drive up the price on New York. According to Magic Johnson, the Los Angeles Dodgers are not planning to be one of those teams.

“I can’t talk about the other guy,” Johnson said Thursday when asked about Cano, via USA Today’s Bob Nightengale. “But you already know that guy in New York is going to be paid. Not by us. But he’s going to get paid.”

Cano’s camp has to be as concerned as a group of people who are about to get a piece of at least a $200 million contract can be. We use the term “concerned” loosely because we’re not saying Cano is going to be hurting. He’s going to make upwards of $25 million per season into his late 30s, but the suitors appear to be dwindling.

Earlier this season, the Boston Red Sox signed 30-year-old second baseman Dustin Pedroia to an eight-year, $100 million contract extension. That takes one team with incredibly deep pockets out of the running. The Los Angeles Angels signed Josh Hamilton and Albert Pujols to monster deals last winter, and their front office already has to be panicking about those contracts. I highly doubt they’ll be in the running for Cano.

The Dodgers have made it a point to prove that they will spare no expense since Magic and company bought the team. They have acquired huge names like Hanley Ramirez, Adrian Gonzalez and Carl Crawford and have yet to sign 25-year-old Clayton Kershaw, a three-time NL All-Star, to an extension. Could Magic be bluffing? Sure, but I wouldn’t be surprised if LA isn’t interested in Cano at the dollar amount he is reportedly seeking.

Of course, things can change in a hurry when the winter meetings get under way. The Yankees certainly won’t be the only team interested in Cano, but the free agent market does not seem ideal for Jay-Z’s biggest client at the moment.

Robinson Cano involved in dispute over child support payments

Robinson-Cano-YankeesNew York Yankees second baseman Robinson Cano is looking to become one of the highest-paid players in professional sports history this winter. Cano is widely considered to be one of the best all-around hitters in the game, and he is going to be compensated accordingly. According to the mother of his child, Cano needs to start sending more of that money to her and his son.

In an interview with ESPN’s Outside the Lines, Jackelin Castro painted a picture of Cano as an absentee father who pays her an average of $600 per month in child support for their 3-year-old son. Castro filed a child support case in San Pedro de Macoris in the Dominican Republic last month. She said she has been trying to reach a deal with Cano and his representatives since February, when they brought her what she felt was an insulting proposal.

According to Castro, Cano’s lawyers brought her documents dealing with Cano’s visitation rights and child support payments that proposed he give her 150,000 Dominican pesos every sixth months, which works out to between $500 and $600 a month. It also suggested she should keep the agreement confidential or face a $47,000 penalty for damages if she spoke about it.

[Read more...]