Cano has two years remaining on a 10-year, $240 million deal he signed with the Seattle Mariners in December of 2013.
The Mets still owe him roughly $40 million after his release.
But for Mets owner Steve Cohen, that shouldn’t be a problem at all.
It appears to be more of a problem for Cano than it does for the Mets.
MLB insider Andy McCullough made an interesting point about the Mets and their decision to eat the remaining money left on his contract.
All the owners can afford to eat $40 million in sunk cost, but Steve Cohen can, like, really afford it.
— Andy McCullough (@ByMcCullough) May 2, 2022
Steve Can Afford It
As McCullough said, all owners can probably afford something like this, letting Cano go and eating the remainder of his salary.
But it’s not an easy decision for most other teams, as they don’t want all that space taken up on their payroll.
Steve Cohen on the other hand, has no problem eating the rest of that money.
He can afford it probably more than any other owner in Major League Baseball.
He is a billionaire after all.
But the thing about Cohen is that he remains committed to making the Mets a contender and putting them in a position to win a World Series.
Money isn’t such a big deal for a guy like Cohen.
All that’s on his mind is bringing the Mets and their fans their first World Series championship since 1986.
They haven’t reached the postseason since 2016.
Cohen has made it known that winning is his priority and that his goal to win a World Series, with extra money on a released player’s contract being the least of his worries.