Cano, who turned 29 a week ago, has established himself as an elite offensive second baseman, slugging no fewer than 25 homers in each of the past three seasons to go along with his .308/.347/.496 career line. Fangraphs' UZR metric has rated Cano slightly below-average defensively in recent seasons, but his $14MM 2012 salary will still be a bargain relative to his overall production, a fact that may (or may not) have inspired his agent, Scott Boras, to angle for a new contract recently.
Swisher, 31 next month, shrugged off a sluggish start this season to hit 23 homers and post a .260/.374/.449 line, in keeping with his .254/.360/.466 career figures. He didn't fare well during the Yankees' postseason run, leading some to wonder whether the Yankees would decline his option and perhaps pursue someone like Carlos Beltran, but that was quashed yesterday.
The Yankees hold another club option on Cano for 2013 at $15MM, while Swisher is entering the final year of a five-year deal he signed with the Athletics back in May 2007.