Cano, Yankees near agreement on four-year, $30 million contract

Updated: January 24, 2008, 6:25 PM ET
Associated Press

NEW YORK -- Robinson Cano and the New York Yankees were nearing agreement Thursday on a $30 million, four-year contract, a departure from the team's stance against giving multiyear contracts to young players.

Cano's deal would include two option years, a person familiar with the negotiations said, speaking on condition of anonymity because the agreement had not been finalized.

The 25-year-old second baseman, eligible for salary arbitration for the first time, could become a ...

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