Yankees rumors & news: Robinson Cano, Kyle Lohse, Derek Jeter

Don't count them out, but don't count them in. The Bronx Bombers are suffering from a variety of ailments ranging from old age to injuries to scandal. However, these are the New York Yankees we're talking about. They seem to always find a way to win.

Even in "down" years, the Yankees still weren't as bad as a lot of teams (I'd name names, but we're not here to hurt feelings). So as the Yankees work through their issues, here are some of the recent updates surrounding the team.

Cano to cash in

Robinson Cano is good. Like face-of-the-Yankees-after-Derek-Jeter-retires kind of good. And he knows it.

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The Yankees have already entered into negotiations with the power-hitting second baseman, but it's going to take a lot of money to lock him up long-term.

• It might not be sit back and wait time, but the Yankees made the first real move in contract negotiations with Robinson Cano. Apparently, the club made a significant offer to him, but significant is such a subjective word. Someone's "significant" is another person's "insult." Cano's contract isn't the only one in the spotlight.
• The Yankees have numerous players with incentive-laden contracts this season. Pinstriped Bible breaks it all down for us, and they covered a bit of the Cano contract talks. Cano says he's not ready to talk extension, but if the money is right, he could quickly become ready.

Lohse-less Yankees

The Kyle Lohse saga continues. With each passing day, it becomes increasingly more likely that teams will wait until after the June draft to pursue the former St. Louis Cardinals pitcher. If teams wait until after the draft, they no longer have to forfeit draft pick compensation. Not sure how Lohse feels about that, but it can't be Scott Boras' favorite thing.

• The Yankees have previously said they were not interested in Lohse. They maintained that stance recently. The club has all the pitching they need right now despite some spring injuries.
• It might seem like Lohse could be a good fit in New York, but Jason A. Churchill of ESPN (insider piece) explains why a deal would not make sense for the Yankees. Despite the obvious issue with the draft pick compensation, there are other hurdles that would prevent the deal from happening in New York.

Other things you should know

Yankees news from around the SB Nation network:

• It's cut time in New York. The Yankees have already made their first round of cuts. Six players were let go, and for anyone who's read The Bullpen Gospels by Dirk Hayhurst, this is one of the more emotional times for players in camp.
• Derek Jeter recently sat down to talk about his ankle. Tanya Bondurant covered it in a Fan Shot for Pinstriped Bible. There's video and everything!
• With the Yankees making an offer to Robinson Cano that has still yet to be accepted, questions about what teams could actually afford Cano have been raised. Jason Cohen asked readers to identify what teams could sign Cano.