Yankees say Robinson Cano has to get “a little more realistic”

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A day after reports that Robinson Cano is still seeking north of $300 million in free agency, Wallace Matthews of ESPN New York spoke to Yankees President Randy Levine. Who said that Cano has to get a grip:

“We want Robbie back; we think Robbie is terrific,” Levine said Tuesday in a telephone conversation with ESPNNewYork.com. “But we have no interest in doing any 10-year deals and no interest in paying $300 million to any player. Until he gets a little more realistic, we have nothing to talk about.”

The New York Post says the Yankees have offered Cano a seven-year deal for about $165 million. Ken Rosenthal writes today that Cano isn’t necessarily seeking $300 million, but that he asked for that during the season in order to get the Yankees to buy-out his chance at even exploring free agency. Now that they passed on that and he is a free agent, Rosenthal suggests, the bidding starts anew.

Whatever the case is and whatever the current offers and demands are, one gets the sense that this dance is going to take a long time to complete.

MLBPA agrees to extend deadline for new posting agreement between MLB, NPB

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Update (7:00 PM ET): The MLBPA announces that the deadline has been extended 24 hours while MLB and NPB continue to negotiate a new agreement for the posting system. The new deadline is 8 PM ET on Tuesday.

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Last Thursday, we learned that the MLBPA was challenging the Nippon Professional Baseball posting system, delaying Japanese superstar Shohei Ohtani’s move to Major League Baseball. The latest collective bargaining agreement removed a lot of the incentive for players to come to the U.S. by capping pay. Ohtani, for example, can only receive a signing bonus between $300,000 and $3.53 million while his team — the Nippon Ham Fighters — would receive $20 million for posting him.

Jon Morosi reports that the deadline for this issue to be resolved is 8 PM ET on Monday evening. He notes that key NPB officials have worked through the night in Japan to try to reach a resolution. It is possible that even if no agreement is reached, the deadline could be pushed further back.

Ohtani, 23, has become a heralded hitter and pitcher in Japan. At the plate over his five-year career, he has compiled a .286/.358/.500 triple-slash line with 48 home runs and 166 RBI in 1,170 plate appearances. On the mound, he has a 2.52 ERA with a 624/200 K/BB ratio across 543 innings.