In initial talks with the Yankees, sources said Cano asked for a 10-year deal in excess of $300 million.
“I don’t feel this organization is ready to do something like that,” Steinbrenner said on ESPN New York 98.7 FM's "The Michael Kay Show."
“No, I do not. We’ll see. I know that is a number that is out there now. We’ll see if he gets it, how much he wants to be in New York," Steinbrenner said. "But, again, I can promise it is going to be a very, very solid offer that we do make because we are going to try. We are going to try the best we can to keep him.”