Yankees Rumors & News
This entry was posted on Friday, January 25th, 2008 at 11:58 am and is filed under Baseball, Yankees Rumors & News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

robinson_cano.jpgThe Yankees, joining a growing trend in baseball, are on the verge of locking up Robinson Cano to a four-year, $30 million contract that will cover Cano’s remaining years of arbitration eligibility and extend two seasons into what would have been free agency years for the 25-year-old. The move is similar to what the Mets did when they locked up Jose Reyes (four years, $23.25 million) and David Wright (six years, $55 million) to long-term contracts, however the strategy is a departure from the philosophy the Yankees have utilized for years. Via the Daily News:

The Yankees have long believed it’s better to go year-to-year on contracts with their young players, figuring their outsized checkbook could always cover exploding costs if a player’s career took off faster than projected. Plus, they wouldn’t have guaranteed any cash if a player fizzled.

As we’ve written before, the changing economics of baseball have forced the Yankees to rethink a lot of what they’ve done in the past. It will be interesting to see how they handle the contract status of Chien-Ming Wang, who is also eligible for arbitration but less likely to attract a long-term commitment from the Yanks due to the injury risk associated with pitchers.

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