Latest On Possible Extensions For Wright, Cano

David Wright is more than a year away from hitting free agency, but the Mets hope to sign him to an extension sooner, rather than later, Joel Sherman of the New York Post reports. The Mets don’t want to experience the tension that would occur if Wright enters the 2013 without a long-term deal, and the team’s officials sound confident they’ll find common ground with the ACES client this offseason.  

Wright earns $15MM this season and his contract includes a $16MM club option for 2013 ($1MM buyout) that will definitely be exercised. The 29-year-old is playing at an MVP level this year, which means the Mets probably can’t expect to lock him up for a deal similar to Ryan Zimmerman’s six-year, $100MM contract.

Cano's contract status is similar to Wright's. The second baseman earns $14MM this year and his contract includes a $15MM club option ($2MM buyout for 2013). Like Wright, Cano is playing at an MVP level and his contract option is sure to be picked up. The Yankees have a club policy of waiting for players to hit free agency before negotiating contracts, but Cano says he’d listen if the Yankees have a proposal. 

“I am always open to hearing anything,” he said, according to Sherman. “If it works for both sides, that is great. But I have to hear an offer.”

The Yankees aim to avoid the luxury tax by 2014, so GM Brian Cashman might have to get creative to retain Cano and Curtis Granderson (Granderson is also under team control through 2013). Cano, 29, felt underpaid on the contract he signed with his previous representatives and wants to make a score on his next contract, Sherman reports. 

Agent Scott Boras, who represents Cano, said it costs elite prices to buy elite players out of free agent years. Boras pointed out that the Yankees generate far more revenue than most teams and said clubs sometimes have to commit to ten-year deals for the privilege of locking up an elite player for his prime years.

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