Yankees Met With Cano; Gap Still Substantial

WEDNESDAY: Feinsand reports that the two sides spoke again today, though they didn't have a face-to-face meeting this time. According to Feinsand, the $310MM asking price was still in place until yesterday, though Cano's camp lowered that number "very slightly." The two sides remain very far apart and will resume talks after Thanksgiving weekend (Twitter links).

TUESDAY: The Yankees met with Robinson Cano's camp earlier today, and the financial gap between the two sides is still "substantial," a source tells Mark Feinsand of the New York Daily News (Twitter link).

The most recent reports have indicated the Yankees' initial offer to be in the seven-year, $168MM range. There's no word on whether the Yankees have upped their offer recently, but team president Randy Levine has gone on record as saying the team will not wait for Cano to pursue other free agents. That point was made perfectly clear when the Yankees agreed to terms on a five-year, $85MM contract with Brian McCann that includes a vesting option for a sixth year at $15MM.

Cano's asking price is believed to be lower than the $300MM+ figure he was asking for to keep him off the free agent market, but it seems fair to speculate that he's likely still seeking a sum well north of $200MM.