Cano has the largest package, a yet-to-be-finalized deal said to be worth $240 million over 10 years for the All-Star second baseman.
“Nothing should be surprising anymore. Therefore I wasn’t surprised _ after a moment,” New York Mets general manager Sandy Alderson said. “That kind of money has been spent before. The thing about baseball (that) is funny is that all 30 teams are on a continuum and nobody is in the same point psychologically, competitively and financially at any point in time.
“So there’s always somebody who’s digging in their heels, they’re not going to do this and they’re not going to do that, they’re going to get the first pick every year for three years, what have you,” he said. “And there’s somebody on the other end that’s going crazy. It doesn’t do any good to lament that. That’s reality. You just have to deal with it.”
After missing the playoffs for only the second time in 19 seasons, the Yankees have been big spenders despite the loss of Cano. New York has committed $307 million to add Ellsbury, Brian McCann, Carlos Beltran and Kelly Johnson and to retain Hiroki Kuroda and Brendan Ryan.
“We have enough voids that we don’t have to prioritize any one,” Cashman said.
It appears the Yankees have little chance of getting under the $189 million luxury tax threshold for next season. When Beltran’s deal is finalized, the Yankees will have 13 signed players for a tax total of $172,233,810. That leaves them about $5 million for the rest of their 40-man roster, given that the payroll for tax purposes includes between $11 million and $12 million for benefits.
New York would gain some flexibility if Alex Rodriguez’s 211-game suspension is upheld and it doesn’t have to pay his $25 million salary.
AP Baseball Writer Janie McCauley and AP Sports Writers Stephen Hawkins and Howie Rumberg contributed to this report.