9:18am: Talks between the Mariners and Cano are still alive, according to Ken Rosenthal on FOX Sports (on Twitter).
7:43am: The Mariners talks with Robinson Cano have broken down after Seattle made an offer of nine years and $225MM, two sources told Mark Feinsand, Bill Madden and Teri Thompson of the New York Daily News. The Mariners are no longer in the mix to sign Cano, reports Feinsand.
According to the New York Daily News team, Cano and his representatives from CAA and Roc Nation Sports arrived in Seattle with an eight-year, $200MM offer in hand from the Mariners and eventually received assurances that the Mariners would go to nine years and $225MM. However, a late change by agent Jay-Z in which he once again demanded $252MM over 10 years caused Mariners CEO Howard Lincoln to "explode," prompting the meeting to end.
Seattle's offer of $225MM over nine years topped the Yankees' best offer by two years and $50MM, Feinsand notes. However, the Yankees appear to be Cano's lone serious suitor once again. The Yankees reportedly have never been willing to exceed the $200MM barrier for Cano.