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The Honolulu Advertiser
Updated at 1:23 p.m., Thursday, February 7, 2008

Baseball: Cano, Yanks complete $30M, 4-year deal

Associated Press

NEW YORK — Robinson Cano and the New York Yankees completed their $30 million, four-year contract today.

Cano batted .306 with 19 homers, 97 RBIs and 41 doubles last year. He was an All-Star second baseman in 2006 and runner-up for AL Rookie of the Year the previous season. He had been eligible for arbitration.

The deal is potentially worth $57 million over six seasons. The 25-year-old Cano will get $3 million this season, $6 million next year, $9 million in 2010 and $10 million in 2011. New York has a $14 million option for 2012 with a $2 million buyout. If that option is exercised, the Yankees would have a $15 million option for 2013 with a $2 million buyout.

Starting pitcher Chien-Ming Wang is the only Yankees player still in arbitration. He asked for $4.6 million and was offered $4 million after going 19-7 with a 3.70 ERA last year, his second consecutive season with 19 wins.