The New York Yankees announced they have exercised team options on second baseman Robinson Cano and outfielder/first baseman Nick Swisher for the 2012 season.
The Yankees will owe Cano $14 million in 2012, while Swisher will earn $10.25 million. Cano is under team control through 2013, but this will be Swisher's contract season.
Cano, following up on a top 3 finish in AL MVP balloting, hit .302 /349/.533 in 681 plate appearances for the Yankees this season. The 29-year-old Cano led all second basemen in slugging and ranked second among second basemen in wOBA (weight on-base average) and wRC+ (weighted runs created).
Swisher, 30, had his worst season as a Yankee in 2011. Yet, he still hit .260/.374/.449 in 635 plate appearances and continues to get better as a defender in right field. Given the other options in free agency, picking up Swisher's $10.25 million option was a near slam dunk for New York.