The LoHud Yankees Blog

A New York Yankees blog by Chad Jennings and the staff of The Journal News

Cano deal finalized

Posted by: Peter Abraham - Posted in Misc on Jan 28, 2008 Print This Post Print This Post | Email This Post Email This Post

The Yankees have completed their negotiations with Robinson Cano on a four-year contract. Here is how it will break down:

2008: $3 million
2009: $6 million
2010: $9 million
2011: $10 million
2012: $14 million team option or a $2 million buyout
2013: $15 million team option or a $2 million buyout

So at worst Cano will make $30 million over four years but could make $57 over six. He will be in Manhattan sometime in the next two days for a physical that will complete the deal. Cano is in Dominican Republic at the moment.

Analysis: This seems to be a deal that makes sense for both sides. The Yankees get Cano for an average of $4.5 million over the next two seasons, probably a slight savings over what he could get via arbitration. They will have greater payroll flexibility by 2010, when Cano will hit $10 million.

If he performs well, his option years could prove to be a bargain. If he does not, the Yankees can cut him loose for $2 million.





44 Responses to “Cano deal finalized”

  1. ET90210 January 28th, 2008 at 9:59 pm

    Love Cano! As we all do. Absolutely great news! Except for maybe the increased payroll. haha ;)

    Joba to pen season in the pen? I like it, persoanlly.

  2. hmmm January 28th, 2008 at 10:06 pm

    it’s a great deal for the yankees. not only do they get 2 of his FA years, they didn’t have to guarantee them.

    of course, it’s also a great deal for Robbie, as he is now set for life.

    smart contract.

  3. Buddy Biancalana January 28th, 2008 at 10:11 pm


    Is MLB Fleece Factor your website?

  4. whozat January 28th, 2008 at 10:12 pm


    This is incredibly frustrating. Nothing new is being said. Sites are saying that he “could be in the pen” because, as we’ve known all along…he has an innings limit. But, every time some site writes an article that says “could” and “might”, we all have to re-hash the same discussion.

  5. WangFan88 January 28th, 2008 at 10:14 pm

    Glad they’ve wrapped him up for a while, and it seems like they’ve gotten him at a pretty decent price if he keeps up his current level of production.

    However, 20 bucks says Robby will be a total fatty in like three years. Actually, that would be kinda awesome if he kept up his hitting. Yeah, a fat Cano would be tight, especially if Melky Cabrera got fat too. The Yankees haven’t had enough fat players, really. Baseball is sweet because you can be fat but still good at the game. David Wells was really the last notable fat Yankee. Anybody else like fat baseball players?

  6. Rebecca--Optimist Prime--Save the Three Musketeers! January 28th, 2008 at 10:19 pm

    Yay Robbie! Whoo!

  7. Buddy Biancalana January 28th, 2008 at 10:21 pm


    “Joba may very well start in the bullpen:”

    Wow, that was just a rehash of stuff we’ve heard a hundred times.


    True, but now it’s coming from Dave Eiland, before it was Hank etc…

  8. bodhisattva January 28th, 2008 at 10:21 pm

    Dude is going to be the best hitter in baseball shortly. Deal is a steal for the Yankees.

  9. Big Joe January 28th, 2008 at 10:27 pm

    Cano = Tony Gwynn with power.

    He hits to all fields and going to have a big ass by the time he is 30.

  10. Bob January 28th, 2008 at 10:35 pm

    Any word on Wang yet? When is that hearing set for?

  11. The Democratic Response January 28th, 2008 at 10:36 pm

    –best hitter in baseball
    –Tony Gwynn with power

    LOL !!!

  12. Rebecca--Optimist Prime--Save the Three Musketeers! January 28th, 2008 at 10:38 pm

    How was Tony Gwynn as a baserunner?

  13. mel January 28th, 2008 at 10:43 pm

    Big Joe,

    I’m still laughing. Although, I think Gwynn has health issues.

  14. Buddy Biancalana January 28th, 2008 at 10:47 pm

    Big Joe-

    Don’t forget the high pitched voice.

  15. mel January 28th, 2008 at 10:54 pm


    I’m so embarrassed. During the Yankees series in October, I couldn’t figure out who Ol’ Hickory was. His voice was irritating because it was difficult to understand. The only thing was, he was the only one who knew what he was talking about!

    The lightbulb finally went on, but I swear I was picturing some white guy with a coon hat and a shotgun. I felt so dumb, but of course I had a good laugh about it. I was a little disappointed that Gwynn didn’t go into the Hall with a coon cap.

  16. bubba January 28th, 2008 at 10:55 pm

    The behind champ of all time was Cecil Fielder–and he was a Yankee briefly.

  17. Buddy Biancalana January 28th, 2008 at 10:59 pm


    Don’t give the Padres any ideas, they already use the camouflage jerseys & hats every so often, Coon hats wouldn’t shock me. Gwynn used to steal a lot of bases early in his career, not sure what happened, too many roastbeef sandwiches maybe.

  18. Buddy Biancalana January 28th, 2008 at 11:00 pm


    We used to yell lardass at Cecil when he played, his butt was huge.

  19. Don Capone January 28th, 2008 at 11:18 pm

    Gwynn was a good runner till he got fat.
    Actually Cano reminds me of Carew more than Gwynn (I thought this even before the Yanks announcers said it). But I’d settle for either one!

  20. Buddy Biancalana January 29th, 2008 at 12:25 am

    Capone killed the thread, any relation to Al?

  21. Tseng January 29th, 2008 at 12:30 am

    I like this deal, though I would have preferred to wait just another year. We’ll see what happens, but I wish him all the best.

  22. Joe Buck ruins my life with his bad MLB/NFL playoff announcing January 29th, 2008 at 1:24 am


  23. pat January 29th, 2008 at 2:06 am

    Scott Proctor, Johnny Damon and Kyle Farnsworth with double barrel shotguns? Is that really a good idea?

  24. mel January 29th, 2008 at 3:49 am

    Hope that Scotty doesn’t accidentally hit Farnsy or anything like that. Or vice versa. I don’t think that Torre could handle the loss of that precious arm.

  25. Dee January 29th, 2008 at 9:00 am

    Worth every dime. Forget the arm, just that big smile’s worth at least 2 mil a year.

  26. Cheddie January 29th, 2008 at 9:05 am

    I like this deal a lot, given that ARod will playing alongside Cano. I don’t think there’s any doubt about Cano’s natural ability, but without Bowa I’d be very slightly concerned about his mental approach. ARod seemed to take Robby and Melky under his wing and encouraged them to join his workouts, and I hope that will continue. If Cano emulates ARod’s approach to the game, he’s going to also be a great player and perennial All-Star.

  27. Chris NY January 29th, 2008 at 9:06 am

    Good deal.

    Joba is a starter. If he spends some time in the pen at the end of the year due to innings cap, that’s one thing. Eiland didn’t say he might start the season in the pen, he said:

    “We’re going to have a plan going into spring training. There already has been ideas tossed around. I think we have a pretty good handle on what we’re going to do going into it.””

    From what I’ve read, it seems to be better to go into spring training “stretched out” to be a starter, as it’s easier to go from starter to reliever than the other way around. Would seem risky to go from throwing an inning or two to throwing 6, 7, or 8. I guess if they did it right, they could slowly stretch him out over the first few months of the season, but it seems to be better the other way around, from what I’ve read at least, because it affects how you train in ST.

    I can’t wait for this horse to finally die, has surely been beaten enough this off-season, and will continue to be until they decide what they’re going to do. But enough speculation already…

  28. whozat January 29th, 2008 at 9:24 am

    “Eiland didn’t say he might start the season in the pen”

    Thank you!

    I’m glad someone else actually read the article and not just me!

  29. ET90210 January 29th, 2008 at 9:47 am

    No Buddy, not my site, but I love it. Use it mostly as my main source of info. for general MLB news. I come here for Yankee news a bit too though.

  30. hmmm January 29th, 2008 at 10:05 am

    “I don’t think there’s any doubt about Cano’s natural ability, but without Bowa I’d be very slightly concerned about his mental approach.”

    based on what?

  31. Buddy Biancalana January 29th, 2008 at 10:24 am

    “Eiland didn’t say he might start the season in the pen”

    Thank you!

    I’m glad someone else actually read the article and not just me!


    My bad, Eiland didn’t say the exact words.

  32. Old Ranger January 29th, 2008 at 10:46 am

    Regarding Cano;
    Great signing by both parties. Cano must start to get it…natural ability takes you only so far. The great players i.e., A-Rod, Tony G, Jeter, etc., work at it all the time. The more you have to start with, the more you work to keep it…LONGER. When one loses a step or gets older, your natural ability can no longer carry you. He has a bad habit of throwing across his body on the DP pivot…he forgets his foot work. What will happen when his very strong arm doesn’t Bail him out anymore? In other words he has to practice, just like others do…sometimes last year you could see Bowa get on him about something he did wrong. Who is going to do that this year…Joe G?

    Re: Joba starting, heck forget it, no one will change their minds one way or the other…start him.

  33. hmmm January 29th, 2008 at 10:55 am

    why, what has Jeter done to compensate for losing a step? or do we just assume he works on it because he is Jeter?

  34. Old Ranger January 29th, 2008 at 11:06 am

    For a infielder…FOOT WORK is god. Just think how Jeter would be if he didn’t work on his foot work, same for A-Rod, and especially Jorge. Facts are facts, as they say.

  35. Larry January 29th, 2008 at 11:36 am

    Nice! Stick around for a while Robbie!

    Anyone else tired of this Santana garbage? Olney now reports that they are taking final offers today…how much does anyone want to bet that Olney reports that they are taking final offers next week, then the week after, then the week after, then the week after?

    I got tired of this junk in December.

  36. Kill-Schill(ing) January 29th, 2008 at 11:53 am

    Are the last two years club or player options? I can’t imagine the Yankees would structure them as player options but some reports describe them as “Cano’s options” Lazy grammar?

  37. hmmm January 29th, 2008 at 11:59 am

    club options. player options would not make any sense.

  38. Chris NY January 29th, 2008 at 3:11 pm

    Buddy Biancalana, my frustration was more about the article… it made it seem as though that’s what Eiland was saying, when all he said (at least all he was quoted as saying in the article) was that “We’re going to have a plan going into spring training,” then the author of the article seemed to speculate what that meant…

  39. Buddy Biancalana January 29th, 2008 at 6:07 pm

    Chris NY-

    I hear ya! Obviously Eiland can’t divulge what their plan is, besides who knows what happens in ST with injuries, but my gut says Joba starts in the pen.

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