• Cano Agrees To $240 Million Deal With The M’s

    Posted by on December 6th, 2013 · Comments (19)

    The story.

    At that price, you have to let him go.

    Comments on Cano Agrees To $240 Million Deal With The M’s

    1. Scout
      December 6th, 2013 | 1:42 pm

      Agreed. The deal immediately joins the list of the ten worst contracts in baseball history. For three-five years, Cano will be a terrific player, though his stats will be damaged by the ballpark. The team around him, however, will not be competitive for at least the first couple of years. As he starts to trend downward, the contract will be an albatross for the Mariners.

      We’ll miss Cano as a player in the near future. In the long run, if this represents a turn to fiscal sanity for the Yankees, we will all appreciate it.

    2. MJ Recanati
      December 6th, 2013 | 1:49 pm

      Scout wrote:

      The team around him, however, will not be competitive for at least the first couple of years.

      To soon to say that. If the M’s acquire other hitters to pair with Cano then they could improve their fortunes much sooner than you give them credit for.

    3. December 6th, 2013 | 1:58 pm

      I cannot wait to see the flame wars over the next few days between Jay-Z and/or Cano’s father and Cashman and/or Levine.

    4. LMJ229
      December 6th, 2013 | 2:29 pm

      Scout wrote:

      In the long run, if this represents a turn to fiscal sanity for the Yankees, we will all appreciate it.

      A return to fiscal sanity? Didn’t we just give Ellsbury a 7-year $153M deal?

      This was a perfect storm for Cano’s defection. The $189M payroll mandate … the Ellsbury deal which he perceived as a lack of respect … the war going on between Jay-Z and Scott Boras. Take your pick, they all contributed.

      No way were the Yankees going to come even close to the deal that the M’s offered, and rightly so. Cano bolted for the money and the ego trip. I hope he likes playing in the obscurity of the Great Northwest, in a pitcher’s ballpark, where he has to travel thousands of miles to away games. He’ll be asking to be traded in about 3 years.

    5. MJ Recanati
      December 6th, 2013 | 2:54 pm

      LMJ229 wrote:

      This was a perfect storm for Cano’s defection. The $189M payroll mandate … the Ellsbury deal which he perceived as a lack of respect … the war going on between Jay-Z and Scott Boras. Take your pick, they all contributed.

      Or it could be as simple as the fact that the Mariners offered him the best contract and the rest of the stuff you just referenced is just noise and tabloid nonsense.

      LMJ229 wrote:

      Cano bolted for the money and the ego trip.

      He bolted for the money, that much is true. And why wouldn’t he? Any rational person would want to get the most money available to them in their one (and potentially only) chance at free agency. It doesn’t mean it’s an ego thing, though even if it is, again, he earned the right to make as much as he could while he was still the best second baseman in the game.

      LMJ229 wrote:

      I hope he likes playing in the obscurity of the Great Northwest

      $24M/season buys you a lot of attention, publicity, and hangers-on. It’s not as if playing in Seattle means he’ll never be heard from again. Do we not all know who Felix Hernandez is? Is he playing in obscurity?

    6. Greg H.
      December 6th, 2013 | 3:06 pm

      He took the money. So did Ellsbury. Most players do. Wright was an exception. The Yanks were right not to give him anything close to that contract. I say good luck Robbie and move on.

    7. #15
      December 6th, 2013 | 3:39 pm

      I read the tea leaves wrong. Robbie took more money over a lot of money and more glamour. But ~ $70 million in persuasion is a lot to walk away from. If someone throw that kind of goofy money at me, I can’t say I wouldn’t take it too.

      Can anyone name a contract north of $200 million that has ever worked out for the team in terms of performance or team success? Heck, let’s use $150MM…

      Todd Helton $151… Maybe; consitent performer. No rings.
      Miggy Cabrera $152… So far so good. He’s been worth that kind of money; maybe more. But no rings.
      Ellsbury $153… TBD, but based on the WW consensus…doubtful.
      A-Gon $154… No. They were lucky to get rid of him without having to pay to ship his bags to LA.
      Tulowitzki $157… Too early but already looking shaky due to injuries.
      ManRam $160… No. Two rings but a very, very bad ending. They were ready to throw him out of Boston.
      Kemp $160…. Too early… Maybe. No rings yet. Has a possibility.
      CC $161 (the ’09-15 year contract)… Maybe, but looking like it’s turning south and turning south big. Might be fair to say the original deal wasn’t horrible (but the extension looks awful). One ring.
      Tex $180… No. One ring. Might be fair to deduct last year’s money as the WBC’s insurance company paid him.
      Mauer $184… No. No rings. Looking worse and worse.
      DJ $189… Yes. I would argue that he certainly earned his keep. One ring.
      Prince $214… A big fat no! And they had to pay to ship his bags to Texas.
      Votto $225… Too early to tell.
      Pujols $240… Huge no.
      Cano $240… We’ll see (Read that as “No freakin way!”).
      A-Rod $252… No. Was so expensive they had to pay out huge to dump him. No rings in that 10 year stretch for either team. Under the original terms the Yankees got him for… Not a bad deal.
      A-Rod $275. One ring, but an certified bomb of a contract that looks worse every day. Can we donate the “Suspend A-Rod Now!” fund?

      So, Below 200MM you have a chance, but it’s rare. Above 200MM, so far… no joy.

      Where are the screams about the excesses of the M’s???? They bid against themselves by $70 million? That’s what the Rangers did with A-Rod. How’d that work out? Foolish money. Cano will be relegated to “also ran” status before too long. His numbers will regress in that ballpark. Jay Z and Beyonce will not go visit him after 2014. He’ll get boo’ed for failing to hustle even more than he has to date. He won’t ever end up in Monument Park. I suspect Seattle will have to move him ala A-Rod or Prince F. in a few years, with a large payout to the taker.

      From here… I’d like a switch hitter with proven post season cred’s in the middle of my line up. I’d give Beltran the 3rd year and go get a pitcher or two.

    8. redbug
      December 6th, 2013 | 6:33 pm

      Jon Heyman Tweeted:

      “i admire pedroia’s loyalty to his team. but how is he worth $110M & cano $240M? DP: more mvps (1-0), more rings (2-1)”

    9. Evan3457
      December 6th, 2013 | 7:05 pm

      10 years? Just let him go.

      That’s all there is to say in the post-steroid era.

      Having said that, he’ll probably hit great until he’s 39. Still doesn’t matter. It’s the right decision to let him go.

    10. Mr. October
      December 6th, 2013 | 8:59 pm

      LMJ229 wrote:

      Cano bolted for the money and the ego trip. I hope he likes playing in the obscurity of the Great Northwest, in a pitcher’s ballpark, where he has to travel thousands of miles to away games.

      Or, he bolted for what will amount to approximately $90 million more, when New York taxation is factored into the equation. I hope he likes playing in the natural beauty of the Pacific Northwest, and living there for less than six months out of the year.

      How can anyone blame the guy for taking the $80-90 million?

      Cano should have been traded to years ago, or signed long-term. He didn’t hustle, but Cano was one of the best home-grown players this organization has developed, and with his talent, he can be productive to the age of 40-41 if he has the desire to. I don’t think this contract will be as bad for Seattle as the Albert Pujols contract will be for the LA.

      The team now has a huge hole in the middle of its lineup, and at a middle infield position. This is yet another organizational failure of the Cashman Era.

      #15 wrote:

      Where are the screams about the excesses of the M’s???? They bid against themselves by $70 million?

      The Mariners wanted Cano. They had to make a substantial offer to lure Cano away from a franchise like the New York Yankees to play for this team… The Yankees probably would have gone to close to $200 million in the end. Would Cano have played in Seattle for 9/$215 with the Yankees countering with something close to 8/$195? Probably not.

      #15 wrote:

      From here… I’d like a switch hitter with proven post season cred’s in the middle of my line up. I’d give Beltran the 3rd year and go get a pitcher or two.

      I think they will give Beltran a third year now.

    11. December 6th, 2013 | 9:36 pm

      Let me just throw this out there, is it possible that the Yankees knew they were going to lose Cano earlier this week. It might explain the inexplicable Ellsbury contract. Suppose they became convinced that Cano’s package was going to have to be 10 years, and somewhere in the neighborhood of 25 million per year. The decision had already been made to hold firm at 25mil for 7 (maybe they might have to move one last time to 8 years) and they realized all at once that was not going to get it done because there was another team willing to do 10 years. The organization (Hal and Randy) then overreacted and lunged for who they considered the second best free agent on the market, and in a haste to get the deal done, wildly overpaid.

      There were many print and broadcast opinions about Cano most centering around the notion that Cano would never leave the trapping of the Yankee organization. I never understood this. He never seemed like a monument park kind of guy. He didn’t hustle, didn’t become a take charge guy when the team was begging for one last year, never really seemed to care about having his number retired or the history of the team. It just wasn’t his thing.

      As far as Cano goes, like Sam once said as he watched Diane go up the stairs outside of Cheers, “have a nice life”.

    12. Mr. October
      December 6th, 2013 | 11:50 pm

      Mr. October wrote:

      I think they will give Beltran a third year now.

      @ #15:
      That didn’t take long:

      Yankees, outfielder Carlos Beltran agree to three-year, $45 million deal: source

      Beltran, who will be 37 in April, figures to be the Yankees’ regular right fielder while also seeing some time at designated hitter to stay fresh.

      “The Yankees struck quickly after losing Robinson Cano to the Mariners Friday, agreeing to a three-year, $45 million deal with outfielder Carlos Beltran, according to a baseball official with knowledge of the deal…”

      http://www.nydailynews.com/sports/baseball/yankees/yankees-beltran-agree-three-year-deal-source-article-1.1540436

    13. LMJ229
      December 7th, 2013 | 12:28 am

      MJ Recanati wrote:

      It’s not as if playing in Seattle means he’ll never be heard from again. Do we not all know who Felix Hernandez is? Is he playing in obscurity?

      There’s no denying King Felix would be a MUCH bigger star if he were playing in NY.

      Both Jay-Z and Cano love the bright lights of the big city. It seems to me that Cano cut off his nose to spite his face.

    14. redbug
      December 7th, 2013 | 3:07 pm

      @ Joseph Maloney: , is it possible that the Yankees knew they were going to lose Cano earlier this week. It might explain the inexplicable Ellsbury contract”

      Yup. According to the NY Times:

      “On Thursday afternoon, shortly before they were scheduled to meet with the Seattle Mariners, representatives for Robinson Cano placed a call to the Yankees, saying they believed their client could get a 10-year deal for more than $230 million. They wanted to know how the Yankees would respond.

      As a final offer, Brian Cashman, the Yankees’ general manager, said the team could go to seven years and $175 million but no higher, knowing full well it would not be enough to sway Cano. It was the last time the sides had communicated as of early Friday night…

      Even before Cano had left, the Yankees had been working on alternatives, calculating from the tenor of the negotiations that Cano would leave. The seven-year, $153 million deal they reached with Jacoby Ellsbury on Tuesday, with an average annual salary of $21.9 million, is just a tick below Cano’s $24 million average annual figure. The Yankees made the deal with Ellsbury under the strong belief that Cano would not return.”

    15. Mr. October
      December 7th, 2013 | 8:49 pm

      Joseph Maloney wrote:

      Let me just throw this out there, is it possible that the Yankees knew they were going to lose Cano earlier this week. It might explain the inexplicable Ellsbury contract. Suppose they became convinced that Cano’s package was going to have to be 10 years, and somewhere in the neighborhood of 25 million per year. The decision had already been made to hold firm at 25mil for 7 (maybe they might have to move one last time to 8 years) and they realized all at once that was not going to get it done because there was another team willing to do 10 years. The organization (Hal and Randy) then overreacted and lunged for who they considered the second best free agent on the market, and in a haste to get the deal done, wildly overpaid.

      A journalist interviewed on WFAN in the early hours of this morning more-or-less reported the same thing: the Yankees came to understand that they were going to lose Cano, and became determined to sign Ellsbury before it happened, from at least a public relations standpoint.

    16. McMillan
      December 7th, 2013 | 9:30 pm

      MJ Recanati wrote:

      He bolted for the money, that much is true. And why wouldn’t he? Any rational person would want to get the most money available to them in their one (and potentially only) chance at free agency. It doesn’t mean it’s an ego thing, though even if it is, again, he earned the right to make as much as he could while he was still the best second baseman in the game.

      Agreed.

      Seattle seemed to have been willing to outbid the Yankees by $50 million or so, that coupled with the fact that he will realize substantial income tax benefits playing in the West, why would any rational person turn that down?

      He’ll be giving 90%, or less, for six months out of the year for another ballclub in a different city – that’s all; he’ll still be traveling much of that time, as he would with the Yankees, and he’s free to live in N.Y.C. fulltime from Nov.- Feb. if he would like to.

      I don’t understand the Cano-bashing – this is $60-80 million we’re talking about. How is he cutting off his nose to spite his face? Was he supposed to turn down a $240-50 million offer to play for Team Cashman at $190-200 million, and be taxed in N.Y.C.?

      And Cano hasn’t been on juice for the past eleven years as Pujols was…

      The most incompetent organization in M.L.B. had every opportunity to trade Cano in recent years, or to offer him a more favorable long-term contract, and did not. Now it’s back to signing 40 year-old starting pitchers and 37-year old outfielders, and congratulating itself for getting to an L.D.S. with mediocre starting pitching and one of the highest payrolls in the game – business as usual.

    17. Evan3457
      December 8th, 2013 | 2:43 pm

      The most incompetent organization in M.L.B. had every opportunity to trade Cano in recent years

      That would’ve required them to admit they aren’t contenders, and take a down year, and as I keep telling you, their organization philosophy (and possibly their Stadium debt, and revenue streams) doesn’t allow for that.

    18. McMillan
      December 8th, 2013 | 9:39 pm

      Evan3457 wrote:

      That would’ve required them to admit they aren’t contenders, and take a down year, and as I keep telling you,

      @ Evan3457:
      And as I keep telling you, on different but related subjects, you don’t know what you’re talking about. Detroit was a “contender” in 2012, was it not? And in 2013, Detroit came with 18 innings an A.L. Pennant. Correct?

      And Detroit sent Prince Fielder to Texas recently, did it not?

      And the $150 million Detroit Tigers are still a “contender” are they not?

      This team has known what it had in Cano for many years, and had every opportunity – especially with $200 million payrolls to work with – to trade Cano for something of value, or starting pitching, and did not.

      Their failure to do so has nothing to do with some “corporate or organizational philosophy”- that is complete nonsense. It’s simply incompetence – there was absolutely nothing to prevent any trade of Cano before 2012 – and as club officials have pointed: the team’s ratings were down significantly with Robinson Cano in the starting lineup everyday in 2013.

      This team still had Jeter, Pettitte, Rivera, Rodriguez, Sabathia, Teixeira, etc., from 2010-2013. Cano should have been dealt for starting pitching and/or prospects, or signed long-term.

      Instead, this idiot is signing Jacoby Ellsbury to a $158-69 million deal in response to Cano’s anticipated departure, and we’re all waiting with bated breath to see who Brian “The Stalking Horse” Cashman selects with the compensatory pick he received for losing Cano as the next Dante Bichette, Jr., Andrew Brackman, Cito Culver, etc…

    19. Kamieniecki
      December 9th, 2013 | 10:54 pm

      Evan3457 wrote:

      That would’ve required them to admit they aren’t contenders, and take a down year, and as I keep telling you, their organization philosophy (and possibly their Stadium debt, and revenue streams) doesn’t allow for that.

      Huh?

      The Yankees’ Stadium debt did not allow them to trade Cano from 2010-12?

      If Cashman had traded Cano for pitching in the 2011-2012 offseason, the headlines in all of the major N.Y. newspapers the next day would have been “Yankees Taking Down Year in 2012,” or “Yankees Trade Cano, Concede 2012 Season?”

      The reaction of most people seems to be “… for $240 million, let him go…” People don’t seem to be that upset that he’s gone, but the team couldn’t trade him two years ago? What changed?

      A trade of Cano would not have been an admission they’re not contenders in any year, nor would it have meant taking a down year. Was letting him go this year an admission they’re not contenders?

      McMillan wrote:

      Instead, this idiot is signing Jacoby Ellsbury to a $158-69 million deal in response to Cano’s anticipated departure…

      $153-69 million.

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