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.