Unless Robinson Cano budges off his demands for a decade-long deal that would surpass $300 million, there will be nothing further for the Yankees to discuss with the All-Star second baseman, team president Randy Levine said on Tuesday.
Levine said that Cano's representatives, which include music mogul Jay-Z and veteran agent Brodie Van Wagenen, have been sticking to their objective of scoring a record-setting 10-year contract for the star free agent.
"We want Robbie to come back," Levine said in a telephone conversation. "We value him. We think he's an important piece of the New York Yankees. We've made him a very, very competitive offer. We hope he strongly considers it. We'd like him to lead the Yankees for years to come, and that offer reflects it.
"But they're still at 10 years and $300 million, and we're not interested in giving anybody 10-year contracts or paying any player $300 million. I think right now we're just waiting for them to come back to us."
The Yankees' offer to Cano, a five-time All-Star who will turn 31 next season is believed to be for seven years in the range of $150 million to $170 million. Cano's side is thought to be attempting to eclipse Alex Rodriguez's deal with New York, which was for 10 years and $275 million, plus a possible $30 million in incentives.
Levine said that there has been no breakdown in communications between Cano's representatives and the Yanks.
read more: New York Yankees awaiting Robinson Cano's response to offer | MLB.com: News