Will Yankees Give In To Cano’s $300-Million Contract Request?


Will Yankees Give In To Cano’s $300-Million Contract Request?

by Anthony Caruso on October 4, 2013

New York Yankee's second basemen Robinson Cano is reportedly requesting a record $300-million contract to be spread out over the next 10 years. If the Yankees decide not to meet Cano halfway during negotiations, the star player might consider becoming a free agent. However, if the team agrees, Cano is set to become baseball's first $30-million-a-year player.

Cano's record puts him in a prime position as a free agent to seek the range in his contract request elsewhere, with the Dodgers being named as the most likely to meet his contract demands, CBS Sports reports. The Cubs were also listed as a potential team to pay out a large salary, but may be unlikely to sign such a lengthy contract with a player over 30. As each MLB team may factor various characteristics and qualities into their decisions about extending a lucrative sports contract, it's difficult to definitively pinpoint teams that may agree to historic salary amounts. While the Yankees may have the resources to pay top-dollar for All-Star players, past mistakes involving salary disputes with top-tier players may play a role in their negotiations going forward, analysts agree.

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Published In: Art, Entertainment & Sports Updates, Business Organization Updates, Finance & Banking Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Anthony Caruso, Scarinci Hollenbeck | Attorney Advertising

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