Money Breakdown in Cano/Diaz Trade Revealed

The trade that sent Robinson Cano and Edwin Diaz to the New York Mets, with Jay Bruce, Anthony Swarzak, Jarred Kelenic, Justin Dunn, and Gerson Bautista headed to Seattle was finalized on Monday with a press conference scheduled for Tuesday at 11 AM to formally announce the deal.

On Monday evening, details of the $20 million that the Mariners sent to the Mets in the swap were revealed and, somewhat surprisingly, the money will not be paid out all at once.

Ken Rosenthal of The Athletic reports that the funds “will be spread out […] over the remaining five years of Cano’s contract.”

Joel Sherman of the New York Post clarified that report with an exact breakdown of the payments, noting that the Mets will receive $5 million in 2019, with $3.75 million coming in evenly distributed annual increments through the end of Cano’s contract in 2023.¬†Cano is due $120 million over the next five seasons.

The 36-year-old second baseman hit .303/.374/.471 with a 136 OPS+ rating in 80 games last season. After serving an 80-game suspension for a performance-enhancing drug policy violation (May 14 through August 14), the Dominican native slashed .317/.363/.497 with just 24 strikeouts in 179 plate appearances.

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A native of the South Shore of Long Island. Follow me on Twitter @TimothyRRyder