Free agent Robinson Cano and the Mariners have agreed on a 10-year, $240 million contract, according to Enrique Rojas of ESPN. Jon Morosi of Fox Sports confirmed the value of the deal.
Jon Heyman of CBS Sports first reported the parties were close to agreeing on a contract worth "at least" $225 million.
The Mariners walked away from negotiations Thursday with Robinson Cano when Jay Z upped his ask to 10 years and $252 million, according to the New York Daily News. But the two sides resumed talks on Friday, reported Ken Rosenthal of Fox Sports.
Cano and his rapper-turned-agent Jay Z and CAA’s Brodie Van Wagenen reportedly had assurances of a deal with the Mariners for nine years and $225 million, but Mariners chairman/CEO Howard Lincoln reportedly “exploded” Thursday night when Jay-Z demanded an additional year.
Heyman's source said reports of talks breaking off were overblown.
The Yankees made Cano an offer of seven years for $165-$170 million and reportedly had not heard back from Cano or his agents as of late Thursday night and were not willing to up their offer to $200 million.
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