The New York Yankees want to get the re-signing second baseman Robinson Cano completed so they can seek out other free agents.
Cano, 31, is said to be seeking a ten-year deal worth $310 million while the reported offer from the Yankees is seven-years $160 million.
With the recent signing of catcher Brian McCann the Yankees will have a hard time getting their payroll under $189 million which would lower their luxury tax burden.
ESPN’s Andrew Marchand reports that a source emphasized there is no “ultimatum,” but the Yankees feel they only have a small amount of wiggle room in their current offer.
It is unclear as to which other teams could be seeking to sign Cano.