Yankees meet with Cano's agents

NEW YORK -- The Yankees met with the representatives for free-agent second baseman Robinson Cano on Tuesday, but a large gap remains between the two sides, according to multiple reports.

Cano did not attend the meeting with Yankees team president Randy Levine and general manager Brian Cashman. The five-time All-Star was represented by Brodie Van Wagenen and Juan Perez of CAA Baseball. Jay-Z also was not present at the meeting.

Another meeting with the Yankees could take place on Wednesday. Cano's camp is believed to have moved slightly off of their original asking price of 10 years and more than $300 million, but the difference was not thought to be substantial enough to accelerate an agreement.

The Yankees have shown a willingness to complete deals at this early point of the offseason, agreeing late last week to a five-year, $85 million contract with free agent catcher Brian McCann, a deal that is expected to be finalized after the Thanksgiving holiday.

The agreement with McCann reinforced public statements that Levine made last week, when he said that Cashman and the Yankees were engaged with "five or six free agents."

Levine also cautioned that any completed signings could reduce the total amount of payroll left to make offers to Cano. The Yankees are known to also be interested in signing free-agent outfielder Carlos Beltran, among others.

New York's original offer to Cano is believed to have been in the range of seven years and approximately $160 million. The 31-year-old Cano batted .314 with 27 home runs and 107 RBIs in 160 games for the Yankees this past season.