Yankees Need To Play Contractual Hardball With Cano

by Long Island Attorney Paul A. Lauto, Esq.

The Yankees are currently engaged in a high stakes game of negotiations with their star player Robinson Cano.  Currently, both sides appear to be at a stale mate, as the Yankee years of paying unlimited dollars for players effectively died with George Steinbrenner in 2010.

Several weeks ago, news surfaced that Cano demanded a 10 year contract north of 300 million dollars.  Although this demand came from his agent at Jay Z's Roc Nation, Cano himself denied that he was asking for such an excessive contract.  Subsequently, it was revealed that the Yankees had made the 31 year old Cano an extremely generous offer of 140 million over 7 years.  This offer, despite no other offers from any other teams, has been repudiated and the outrageous demand of 300 million over 10 years has been re-affirmed.

Apparently, Cano wishes to de-throne A-Rod as the highest paid player in baseball.  Perhaps Cano should be careful about what he wishes for, as history has shown that title to be virtually impossible to live up to.  The Yankees have offered Cano an exceedingly generous contract to the tune of almost 25 million per year.  In addition, are the lucrative endorsements associated with being the Yankee's star player, estimated to be an additional 10 million per year.  

Read the full post at www.liattorney.com/scales-of-justice.html.