Votto contract affects the Yankees

The Yankees will have to make two choices concerning Cano’s future. The first would be to sign Cano to an extension and avoid free agency. The second, of course, would be to allow Cano to hit the market. Boras usually desires for his players to hit the open market and thus an extension would have to be really attractive for Boras to allow his client to consider it. The Votto deal complicates the process because the values and length keep escalating.

Cano is a year older than Votto and the Yankees will have benefited from having Cano through his peak seasons. Risking a long-term deal with Cano with the kind of money and length being thrown around now is risking carrying Cano through his decline phase at astronomical rates. Votto is a win better than Cano statistically, but even so, the numbers are daunting. Can the Yankees afford him? Certainly. Will they want to risk eight years or so at over $20 million a year? Maybe not.

But recent trends affect more than just the Cano situation. The long-term extensions for catchers such as the Yadier Molina deal and even Jonathan Lucroy will be a factor in whether the Yankees want to consider extending Russell Martin when internal options might be two years away.

The season starts in a few days and we can put away these thoughts for the season. The Yankees do not discuss contracts during the season. But there will be this nagging feeling that with more teams benefiting from television revenue streams and the success of MLB merchandising, the Yankees future as the big boy on the block will not be as easy as it used to be–especially now that they have a budget.

 

William Tasker grew up in Bergenfield, New Jersey but has lived in New England since 1975 and in the far reaches of northern Maine since 1990. Tasker is the author of nine (non-baseball related) books and, besides writing here for three years, has written for his own site at www.passion4baseball.blogspot.com since 2003.

15 thoughts on “Votto contract affects the Yankees

  1. not Montero's dad

    I'm happy that Cain and Votto can get as much as they can–who would turn down extra money?–but agents can't keep using bad contracts as the measuring sticks for new contracts. And I'm not even talking about bad contracts for bad players, like Gary Mathews Jr. and Alfonso Soriano. I even mean bad contracts currently-good players, like Votto, Braun, Fielder, et al.

    • williamjtasker

      Agreed. But you know they will.

  2. Of course they can. They simply say "look, I can get paid this much elsewhere. Pay me my market value." Which is roughly like what you and I do once or twice a year with our own employers.

    Minus a lots of zeroes.

    • not Montero's dad

      Yes, I guess what I meant was that GMs need to be smarter to recognize that an outlier doesn't create a market. If I want to go out and buy a bunch of bananas for $100, that doesn't mean all other banas are not worth $100.

      • not Montero's dad

        *bananas are worth $100.

  3. getdownmoses

    I'm curious how a lot of these teams are going to weather the back end of these contracts. Will the Reds, Angels, Tigers (and so on) be able to field a competitive team when these players are past their prime with a couple years left on their contract? It's strange seeing mid-market teams outspending the Yankees. I get an uneasy feeling that this could eventually lead to more team bankruptcies. How will that effect MLB? Will more lux tax revenue be needed from teams like the Yankees?

    • mcmastro

      as long as the Yankees don't spend over $189 million, i don't believe they'll have to pay a luxury tax after 2014.

      • not Montero's dad

        No, I think they still have to pay a luxury tax–but it's just at a lower rate. Once they dip below the magic number, the rate resets as if they are a first-time (not repeat) offender.

    • mikeNicoletti

      "more" team bankruptcies? In my experience I don't remember any, or am i missing something? Baseball is as close to a free market labor system as any sport provides, but with the luxury tax and things like the slotting system the owners are at an advantage when it comes to the revenue stream as a whole, so I don't think bankruptcies will happen but we might get a bunch of teams that will refuse to spend more money on players and banish their fan bases to irrelevancy for long periods…

      If an owner is sick of spending money, all he has to do is let his team suck for a while

      • Didn't the Rangers get sold to Nolan Ryan and company in a bankruptcy settlement?

  4. steve

    Fangraphs has a good post about how the contract should be fine barring significant injuries. There's lots of cash in baseball these days – just about everyone can afford at least one 20M+ contract.

    The big question is can the Yanks afford 5?

  5. manny

    Cano's case is a bit diferent;his by far THE BEST SECOND BASE IN BASEBALL.no question ask,and makes $14.mills more then any other 2nd basement in baseball.AND LETS NOT FORGET HIS THE BEST PURE HITTER THE YANKS HAVE.he will get his money from the yanks,they stock with two large contract teixeira and a'rod;and plus the yanks know that boston would paid him,the dodgers is a team that allways have shown interest in robinson.etc and the cashman have always sit this.CANO IS THE BEST PLAYER IN YANKEE LAND.

  6. Norm

    I think Cano's fate with the Yankees was sealed the second he made Boras his agent. There's no way they're going to sign him to the kind of deal Votto got, unless they've learned nothing from the A-Rod fiasco. That, IMHO, has to be the most ridiculous contract ever, not just in MLB history, but in pro sports in general. Guaranteeing that kind of money to a player in his declining years is just stupid. So, here's what I think will happen. Boras will take Cano into free agency (as he always does), and demand "Votto" money, which the Yankees won't pay. Some other team will get suckered into paying it, and Cano will be gone.

  7. I can't understand how Boras keeps finding GM's to buy into his BS. I like Cano, but I agree that with Boras as his agent things look bleak for him remaining a Yankee. Some rational GM will suffer a temporary brain fart and empty the money vault to land Cano.

    • BrienJackson

      "I can't understand how Boras keeps finding GM's to buy into his BS."

      Because they have the money to.

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