January 24, 2008
Rubels for Robinson
Peter Abraham reports that the Yankees and Robinson Cano are close to reaching a multi-year deal.
Posted by David Pinto at
04:04 PM
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That must be a typo. 4 years, 30 million? That's essentially 7.5 m/yr when Cano was asking for 4.whatever and the Yankees offered 3.2... Plus, they're only buying out his arbitration years with that.
4 yrs, 20 million would make more sense. Heck, even 4 years, 24 million... but I can't see giving Cano almost twice what HE ASKED FOR after what many people called a "low-ball offer."
Personally, I'd like to see a long term deal locking him up AFTER his arb. years. 7 years, 50-55 m/yr would be o-k in my book.
Uh. Is that a joke?
Look, they could keep him for two more years at about $4.5M per year. Then they'd have to sign him on the open market for two more years to equal this contract length. What do you figure they'd pay then? I think seven figures annually is pretty much a given, unless he tanks or gets injured. So this is about the right contract, maybe a bit low but Robinson will go a little low to get the assurance of that big score.
Jesse: do you understand how these contracts usually work? They're escalating. So the first year might be $4M. Then $6M. Then $9M. Then $11M. By the end of the contract, it'll be a bargain. Plus there will be two 1-year options for the Yankees to exercise at somewhere around $14M.
sabernar: I understand how they work. Yes, most are escalating and I expect this one to escalate too... but even as a Yankee fan I can't see 11 million being a bargain. Maybe I'm underestimating the inflation, but it just doesn't seem like a good deal (for the Yankees).
Ah hell... they've got to find some way to have a massive payroll once Giambi, Pettite, and Moose leave!