The New York Yankees will offer Robinson Cano a contract but it is likely to fall short of the 10 years and $300 million the second baseman is said to be seeking.
“I don’t feel this organization is ready to do something like that,” Hal Steinbrenner said Tuesday on “The Michael Kay Show” on ESPN New York 98.7 FM. “No, I do not.
“We’ll see. I know that is a number that is out there now. We’ll see if he gets it, how much he wants to be in New York. But, again, I can promise it is going to be a very, very solid offer that we do make because we are going to try. We are going to try the best we can to keep him.”
The Yankees are still feeling the burden of a 10 year deal given to Alex Rodriguez in 2007. Currently there is at-least four years and $86 million left owed to Rodriguez.
Steinbrenner has made an effort to get the Yankees under the $189 million threshold in order to save money from the luxury tax. If Rodriguez’s 211 game suspension is overturned the Yankees will find it impossible to re-sign Cano and add additional players for the 2014 season.