The Seattle Mariners have suddenly become favourites to sign Robinson Cano after offering him a nine year deal worth $225m, reports CBSSports.com.
Talks with the New York Yankees hit an impasse after the franchise refused to increase their offer of a seven year contract worth $175m.
It is reported that officials within the Yankees are reluctant to offer a similar deal to that of Alex Rodriguez, considering the implications that have subsequently been dealt to them.
The Mariners are now looking favourites to land the second baseman having offered him by far the best deal on his table.
The $225m nine year deal comes somewhere close to his initial demands. which was believed to be around $260m.
But ESPN are reporting that the Mariners are willing to increase their offer up to $240m if needs be, knowing that their offer will have to be significantly better than the Yankees if they are to convince Cano to move to Seattle.
Although a $225m deal will take his earnings to $25m a season, it will still be $2.5m short of current highest earner Rodriguez.
It will, however, be one of the biggest contracts in baseball history.
The Mariners seem intent of getting a big signing this winter having failed to Josh Hamilton and Justin Upton in recent winters.
But there are still bid hurdles for the Mariners to overcome, not least of all Cano's representative Jay-Z, who badly wants his client to stay in New York because of the marketing advantages that come with it.
The Yankees though, are seemingly ready to give up on Cano and have pushed on with their off-season recruitment drive regardless.
Jacoby Ellsbury has come in on a $153m seven year deal while others are still in the offing.