N.Y. Yankees Exercise 2013 Contract Options on Cano, Granderson

Oct. 30 (Bloomberg) -- The New York Yankees exercised 2013 contract options for second baseman Robinson Cano and outfielder Curtis Granderson, both of whom were All-Stars this past season and then struggled in the playoffs.

The options on the contracts are worth $15 million each, according to MLB.com.

Cano and Granderson both recorded career highs in home runs this year before fading in the postseason as the Yankees were swept by the Detroit Tigers in the American League Championship Series.

Cano hit .075 in the playoffs, with three hits in 40 at-bats, while Granderson batted .100, going 3-for-30 with 16 strikeouts.

Cano, 30, hit .313 with 33 home runs and 94 runs batted in for the Yankees during the regular season and was selected to his fourth All-Star Game. Cano has had at least 150 hits in each of his first eight Major League Baseball seasons, the longest such streak for a second baseman since Ryne Sandberg of the Chicago Cubs did it for 10 straight years starting in 1983.

Granderson, 31, made his third All-Star team in 2012, batting .232 with a team-leading 43 homers, 102 runs scored and 106 RBIs. He also set a franchise record with 195 strikeouts, surpassing the mark of 169 he set in 2011.

Granderson’s 84 homers over the past two seasons are the most in the majors.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net