The New York Yankees gave Japan’s Masahiro Tanaka the fifth-richest contract for a pitcher in Major League Baseball history in an effort to bolster their starting staff after missing the playoffs last season for just the second time in the past 19 years.
Robinson Cano headed to the Seattle Mariners for about $240 million over the next 10 seasons, exiting New York after the Yankees declined to boost their contract offer of seven years and approximately $170 million.
Second baseman Robinson Cano and outfielders Curtis Granderson and Jacoby Ellsbury were among 13 Major League Baseball players who turned down $14.1 million qualifying offers from their teams, clearing them to negotiate with other clubs on the free-agent market.
Free-agent second baseman Brian Roberts agreed to a one-year, $2 million contract with the New York Yankees to replace Robinson Cano, ESPN reported, citing an unidentified person familiar with the negotiations.
The Seattle Mariners’ contract with Robinson Cano is worth about $42 million more in after-tax pay than the New York Yankees’ best offer to the All-Star second baseman, according to Robert Raiola, a certified public accountant who specializes in sports and entertainment.