Boras Kidding About Reworking Cano’s Contract

6:32pm: Boras was just joking about a new contract for Cano, the agent tells George A. King III.  "Cash [Brian Cashman] and I have talked three or four times in the last three days. My statements were in jest. Cash always returns my phone calls,'' Boras said. "My conversations with Cash about Robinson have nothing to do with the options. We fully expect the options to be exercised."

9:57am: Agent Scott Boras phoned Yankees GM Brian Cashman to discuss the possibility of re-working Robinson Cano’s contract, according to George A. King III of the New York Post. Boras says he’s hoping to remove the 2012 and 2013 options on the second baseman’s deal and work out a new contract.

"I called Cash to ask about dropping the options and he hasn't returned the call," Boras told King.

The four-year, $30MM extension Cano signed under different representation in 2008 includes a $14MM team option for 2012 and a $15MM team option for 2013 ($2MM buyout). The Yankees are sure to pick up Cano’s 2012 option and it would be a surprise if they don’t exercise his 2013 option a year from now.

While there's no harm in asking to re-structure the deal, the Yankees aren't under any obligation to do so. Unless Boras and Cano prepared to make concessions of their own, the Yankees can keep Cano at a relative bargain for the next two years. Ken Rosenthal of FOX Sports hears that it's "highly, highly unlikely" that the Yankees will re-work the deal (Twitter link). Boras successfully re-worked Francisco Rodriguez’s contract with the Brewers this summer.

Yankees Notes: Sabathia, Posada, Cashman

The Yankees won 97 regular season games and two more in the playoffs, but their quest for a 28th World Championship fell short in the Bronx last night, as the Tigers beat them 3-2. Here are some links as the Yankees look ahead to another offseason…    

  • Tyler Kepner of the New York Times says retaining C.C. Sabathia is the most pressing task of the Yankees' offseason. If they let him slip away, the Red Sox could have interest, as Kepner points out.
  • Jon Heyman of SI.com points out that the Yankees' biggest offseason need is once again starting pitching and runs through a number of other issues facing the Bronx Bombers this winter.
  • Sabathia can opt out of the four years remaining on his seven-year, $161MM contract after the season and the left-hander says he can't wrap his head around the decision yet, according to Bryan Hoch of MLB.com. However, Sabathia repeated that he loves it in New York.
  • Joel Sherman of the New York Post suspects that the Yankees will wait, instead of extending Robinson Cano and Curtis Granderson this offseason. Both players are eligible for free agency after 2013 (assuming New York exercises Cano's two options).
  • Alex Rodriguez told Sherman that the Yankees' season was a "major failure" though they finished with the best record in the American League. Rodriguez says he has a lot to prove and is looking forward to the challenge of "coming back with a vengeance."
  • As Mike Vorkunov of the Star-Ledger explains, Jorge Posada may have played his final game in Yankee pinstripes and the catcher turned DH is emotional about the possibility.
  • Brian Cashman reiterated that he wants to return to the Yankees, according to Marc Carig of the Star-Ledger. The GM's contract expires after the season, but the Yankees want him back, so a new deal appears likely.

New York Notes: Cano, Johan, Reyes

The Yankees are waiting for the playoffs, while the Mets are jockeying for .500.  The latest on New York's teams…

Heyman On Lincecum, Cano, Votto, Weaver, Dodgers

Ryan Braun's $105MM, five-year contract extension through 2020 seemed like it came out of nowhere, but a ton of other young stars also appear to be in line for new deals, writes Jon Heyman of Sports Illustrated.  Heyman runs down the 20-somethings that could get hefty contract extensions and touches on a few other things in today's column..

  • Giants ace Tim Lincecum won't be a free agent until after the 2013 season, but San Francisco would be wise to lock him up before his arbitration numbers get out of hand.  A third Cy Young season could potentially bring Lincecum from $14MM into the $25MM range and possibly to $30MM in '13.  Heyman expects a deal to get done, even if it costs the club a fortune.  MLBTR's Tim Dierkes touched on the Lincecum situation here and here, and will have much more on the topic next week.
  • Similarly, there's no reason to think the Yankees would let Robinson Cano leave in the prime of his career.  The Bombers have options for 2012 and '13 at $14MM and $15MM, respectively, and will obviously exercise them. Look for the Yanks to get a deal done with the second baseman, but only after the Scott Boras client files for free agency.
  • Reds slugger Joey Votto will hit the open market after 2013 and it would be wise for the club to lock him up as the youngster continues to improve.  This winter he signed a three-year, $38MM to take care of his arbitration years, but his rate will presumably rise after that deal is up.  Heyman believes that the Reds will lock up Votto, just as they did with Jay Bruce.  This winter, Cincinnati signed the right fielder to a six-year, $51MM deal.
  • Even though the Marlins' poor attendance would seem to indicate that the club doesn't have the funds to sign Josh Johnson to a new deal, they are on their way to a brand-new facility in the near future.  Putting that aside, they're still in the black. His $39MM, four-year deal goes through 2013 but his next contract should easily top that.
  • If you're a Halos fan looking to purchase a Jered Weaver jersey, you may want to reconsider.  Heyman writes that the right-hander is all but a goner in two years.  Agent Scott Boras is talking his client up and the Angels don't have a history of keeping their top free agents anyway.  It's possible that the next Dodgers owner, assuming there is one, could talk the Simi Valley product into a homecoming.
  • It may come as a surprise to some, but Heyman predicts that Andre Ethier will remain with the Dodgers beyond 2012.  GM Ned Colletti is believed to want to lock up Ethier along with Matt Kemp and Clayton Kershaw.  Even though the Dodgers' situation is probably too messy for anything to get done right away, they have to act fast to keep the 29-year-old. 
  • You can also expect the Dodgers to work something out with Kemp, who is also a free agent after 2012. 
  • Of the 33 players that Heyman profiles, he expects most to get new deals done with their respective clubs.  Some of the players that we may see elsewhere: John Danks, Shin Soo-Choo, Jonathan Sanchez, Justin Morneau, Grady Sizemore, and Shaun Marcum.
  • TV magnate Burt Sugarman is one name believed to be in the mix among potential buyers of the Dodgers.  Investment banker Jason Reese and billionaire Ron Burkle are also in the mix.  Burkle is teaming with former Dodgers great Steve Garvey.

Who Could Get The Next Mega-Extension?

In extending Ryan Braun and Troy Tulowitzki through the year 2020, the Brewers and Rockies made bold commitments to their young stars by adding multiyear extensions on top of pre-existing contracts that already covered both men through 2015 and 2014, respectively. 

Are these deals risky?  Absolutely, but the contracts represent the latest step in how clubs attempt to lock up their young stars.  It isn't enough to just gain cost-certainty on a player through his arbitration and first few free agent years.  If a team feels they have a true franchise player, it won't hesitate to sign that player to what essentially could be a lifetime contract in order to (hopefully) avoid spending even more money to re-sign that player or a comparable star as a free agent.

Should other clubs look to explore this tactic of extending an extension, here are some of the possible candidates to join Braun and Tulowitzki in the "2020" club.

  • Evan Longoria.  We start off with the man with arguably the most team-friendly extension in baseball history.  Longoria's six-year, $17.5MM contract signed in April 2008 contains three team option years (worth $7.5MM, $11MM and $11.5MM, respectively) that could keep him in Tampa Bay through 2016, his age-29 season.  As MLBTR's Mike Axisa pointed out over the winter, however, the Rays' uncertain financial situation makes it unlikely that they would make an even longer commitment to Longoria than they already have. 
  • Robinson Cano.  Cano signed a four-year, $30MM extension before the 2008 season that also includes team option years for 2012 ($14MM) and 2013 ($15MM).  New York will obviously keep Cano in the fold through his age-30 season by picking up those two options, unless those years get replaced by a longer-term contract.  Cano hired Scott Boras as his agent in February and while Cano said he isn't planning to ask for an extension before his current deal expires, the second baseman is clearly already thinking ahead.
  • Justin Upton.  The first overall pick of the already-legendary 2005 draft is signed through 2015 on a six-year, $51.25MM extension that will run out when he's 28 years old and right in the middle of his prime years.  The Diamondbacks explored a few deals for Upton over the winter and set off a flurry of speculation, but it appears as if GM Kevin Towers was simply doing his due diligence to see if another team would go overboard with a trade offer.  Upton had a slightly disappointing (.799 OPS) 2010 season, so Arizona might wait for at least one more superstar campaign from their young star to make sure he's worth the risk of another multiyear extension.
  • Hanley Ramirez.  It seems odd to think of the Marlins doling out any major extensions, let alone two to the same player.  With the team moving into its new Miami ballpark next year, though, the extra revenue could make another multiyear deal for Ramirez into a reality — not to mention generating some goodwill amongst Marlins fans to get them to spring for season tickets. Ramirez is under contract through 2014 on a six-year, $70MM deal and 2015 will be his age-31 season.  If Florida did explore an extension for Ramirez, they would surely have to factor in a move away from shortstop, since his defensive woes (a career -9.4 UZR/150) are likely to worsen as he ages.
  • Ryan ZimmermanMLBTR's Ben Nicholson-Smith recently outlined how the Nationals' previous extension with Zimmerman — a five-year, $45MM pact that runs through 2013 — was a terrific bargain for the club.  Given Zimmerman's production, age (he'll be 29 when his deal runs out) and Washington's willingness to spend, Zimmerman is probably the most likely player on this list to receive a Braun/Tulowitzki-esque deal.
  • Joey Votto.  The Reds took the first step towards locking up the reigning NL MVP when they signed Votto to a three-year, $38MM pact that covered the first baseman's arbitration years.  Votto is still on pace to hit free agency as a 30-year-old in his prime, and as one agent put it, "the Reds took on all the risk" with this initial deal.  Cincinnati has put itself in position to contend over the next few seasons, so that will theoretically take care of the Great American Ballpark's attendance problems and make it possible for the team to get Votto signed to an even longer-term contract.
  • Miguel Cabrera.  Cabrera signed an eight-year, $152.3MM extension with the Tigers before the 2008 season.  He'll turn 33 in 2016, and that advanced age plus his off-the-field issues make him an unlikely extension candidate.  Detroit has the money and Cabrera has put up Cooperstown-worthy numbers throughout his career, but there just may be too much risk involved for the Tigers to commit more money to the slugger.

New York Notes: Cano, Jeter, Castillo, Paulino

We've already heard this morning about one New York club finalizing some minor league deals, while the other had a minor league offer turned down. Let's catch up on the rest of the latest updates on the Yankees and Mets….

  • On the heels of hiring agent Scott Boras, Robinson Cano says he doesn't intend to ask the Yankees for a contract extension before his current deal expires, writes Marc Carig of the Star-Ledger.
  • Derek Jeter spoke to media today at Spring Training, including Mark Feinsand of the New York Daily News (Twitter link). The longtime Yankee said that, when the time comes, he fully plans to exercise his 2014 player option.
  • Feinsand's Daily News colleague Bill Madden would like to see the Yankees open up the competition for the fourth and fifth rotation spots to some of their top prospects.
  • Luis Castillo arrived later than expected to Mets' camp, due in part to his brother's upcoming surgery, tweets Adam Rubin of ESPNNewYork. Newsday's David Lennon adds (via Twitter) that Castillo cleared up the misunderstanding with manager Terry Collins and is ready to compete for the team's second base job.
  • Ronny Paulino's arrival to camp has also been delayed, in his case by visa issues, says Andy McCullough of the Star-Ledger. Paulino, who was suspended last year for violating baseball's drug policy, will miss the first eight games of this season as he finishes serving the suspension.

Robinson Cano Hires Scott Boras

Robinson Cano has hired Scott Boras as his agent, according to Enrique Rojas of ESPNDeportes.com. The second baseman, who was previously a Bobby Barad client, met Boras in the Dominican Republic today.

Cano is under team control through 2013 under the four-year, $30MM extension he signed in 2008. He'll earn $10MM this year and the Yankees have options for 2012 ($14MM) and 2013 ($15MM). 

The 28-year-old has emerged as one of the best second basemen in baseball. He won his first career Gold Glove and second Silver Slugger last year, finishing third in the MVP voting. Cano hit .319/.381/.534 with 29 homers, 41 doubles and a career-high 57 walks.

Two other Yankee infielders have long-standing relationships with Boras. The agent negotiated Mark Teixeira's current deal with the Yankees after the 2008 season and was Alex Rodriguez's representative before A-Rod cut ties with Boras last fall. For MLBTR's list of Boras clients, click here.

International Links: Marmol, Cano, Jeter, Ruiz

Baseball was an afterthought on most international sports pages this morning, due to FBC Barcelona's 5-0 humiliation of Real Madrid, but links in Spanish still abound…

  • Carlos Marmol confirmed that he and the Cubs are in discussions about a long-term extension, talking to Hoy's Dionisio Soldevila. "There still isn't anything, but we're talking," Marmol said. "I would like to sign something long and stay with the team."
  • Derek Jeter's double-play partner Robinson Cano thinks the shortstop "would retire before he would go to another team," Cano told Soldevila on his Dominican talk show La Semana Deportiva.
  • The Rays released Cuban first baseman Jose Julio Ruiz in mid-November, according to Marc Topkin of the St. Petersburg Times. After a long and complicated courtship, the team signed Ruiz to a minor-league deal last June and had until November 15 to offer him a $4MM major league contract. He showed little of his reputed power over the summer in brief stints with Double-A Montgomery and in the Arizona Fall League. Less than a year ago, Ruiz seemed like the most promising Cuban power hitter since Kendry Morales, drawing interest from numerous teams and being rumored as a possible successor to David Ortiz in Boston.

Robinson Cano & Darren O’Day

Robinson Cano and Darren O'Day don't have much in common. Cano, the son of a major leaguer, signed out of the Dominican Republic as a teenager and has developed into an All-Star and MVP candidate. You won't find O'Day on any MVP ballots and the side-arming right-hander has never been a top prospect. The Florida native wasn't even drafted and is far from a franchise player; two teams have already exposed him to waivers.

But the players do have something in common. Both were born 28 years ago today; Cano in San Pedro de Macoris and O'Day in Jacksonville. Their current clubs acquired them in different ways, but neither player joined his current organization with much fanfare. Cano signed a modest six-figure bonus in 2001, without the hype that surrounded international prospects like Michael Ynoa, Miguel Sano or Felix Heredia.

The Angels, who signed O'Day as a non-drafted free agent, lost him to the Mets in the 2008 Rule 5 draft. The Mets then exposed him to waivers and saw the Rangers claim him last April. It was easily one of the shrewdest claims of Jon Daniels' tenure as GM (the Alexi Ogando claim is another). O'Day has posted a 1.99 ERA with 7.6 K/9 and 2.2 BB/9 in 117.2 innings since joining the Rangers.

Neither move made headlines at the time, but both players are contributors as their respective teams try to advance to the World Series. Interestingly enough, Cano and O'Day have never faced each other. It seems unlikely that Ron Washington would bring the sidearmer in to face Cano, who bats left-handed, but as observers of the 2010 postseason will tell you, stranger things have happened. It'd be fitting if the two met for the first time tonight as they celebrate their 28th birthdays with the season at stake.

Odds & Ends: Fukudome, Kemp, Lowell, Harang

Links for Friday, as the Rangers keep streaking…

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