Robinson Cano is seeking a new contract from the Yankees, but the odds of something getting done appear remote during this offseason.
"Highly, highly unlikely," is how a baseball official with knowledge of the situation termed the chances of the Yankees tearing up Cano's contract, which calls for team options at $15M for 2012 and $14M for 2013, and negotiating a new long-term deal.
Source: New Deal For Cano 'Highly Unlikely'