[iwantitiwinit]

Not at all surprised that Cano went to the highest bidder given he's Jay-z's first high profile client but personally I think Cano was misled a bit that is assuming he wanted to stay with the yanks if the money was close. The way I see it Cano essentially left the comfort of the NY area, his teammates and friends, and a much better chance to win championships for less than a 3.5 million dollar difference per year. If you assume the yanks offer was 175 for seven years I would think he would still have some earnings power at the expiration of that contract for the next 3 yrs lets say 24 mil total which would get him to 199 total for 10 yrs in ny. Now assume his federal tax rate is a blended 36 pct plus ny tax of 6 pct so .42 total taxin ny (disregard FICA because its only on the first 100k). In Seattle he only pays state inc tax on away games in states with income tax so say its 1/4 of what he pays in ny or 1.5pct his fed is still 36 so 37.5 pct total rate in Seattle. So yearly take home in Seattle is 240/10=24. 24*(1-.375)=15 mill after tax. In ny 199/10 19.9* (1-.42)=11.54 mil in ny. To me that's not a large enough diff in take home especially when you are at such high numbers to force a move and the 24 for 3 yrs could be conservative. Seattle over NY for only a 29 pct diff in take home pay at best, doesn't do it for me.