The Seattle Mariners have agreed a 10-year deal worth $240m with free agent Robinson Cano, according to CBSSports.com.
The future of the second baseman has been up in the air ever since he entered the free agency market.
But it seems like the 31-year-old's future was sealed on Friday after reports surfaced that Cano and agent Jay-Z had travelled to Seattle to reignite talks with the Mariners for a second time.
The Mariners offered Cano a nine-year deal worth $225m but they are thought to have agreed on one more year and $15m more.
It brings an end to Cano's association with the Yankees, who tried in vain to convince him to lower his asking price.
The Yankees had offered Cano a seven year deal believed to be worth between $160m and $170m but, despite keen to remain in New York, he was left feeling offended by the level of the offer.
Jay-Z was reportedly keen to see his client remain on the east coast where marketing opportunities are greater but with the Yankees currently trying to lower their payroll, they were never going to get the offer they were looking for.
Mariners officials sold Cano on their young and talented roster while also suggesting that the Yankees will see their core of players dwindle in the next few years.