The main reason why the Mariners are making this move is to clear some money from Cano's albatross of a contract, and according to Andy Martino of SNY, roughly $60 million is going to Queens just to get Cano and his big contract out the door.
Diaz is coming off a sensational season as Seattle's ninth-inning man, recording an MLB-best 57 saves and a 1.96 ERA.
There were conflicting reports Thursday about a possible Mets-Mariners trade involving Seattle second baseman Robinson Cano and closer Edwin Diaz, but it's now becoming clear that talks between the two teams are quite serious and could be close to an end.
Diaz, 24, is the prize in the deal. The Mets are prepared to send Jay Bruce and Anthony Swarzak to the Mariners and possibly multiple prospects: Former Mets first-round draft picks Jarred Kelenic and Justin Dunn have been discussed, as well as last season's rookie sensation, Jeff McNeil.
As for what the Mets would give up in the trade, reports have mentioned veteran outfielder Jay Bruce as the main piece, mostly due to how the remaining $26 million on his contract would offset some of what Cano would be owed.
Bruce is owed $29 million over the next two seasons, and the Mariners were recently removed from the list of teams to which he can not be traded without his consent (the list resets each offseason in his contract).More news: Trump plane collects Bush casket for days-long homage
The Mets might have an RBI machine for a second baseman and a superstar closer soon. Then again, Cano, a career.304 hitter with 311 home runs and 1,233 RBIs in 14 seasons, would be a major upgrade to the Mets' infield.
Cano, meanwhile, was limited to just 80 games thanks to an 80-game suspension for performance-enhancing drugs.
According to sources, the Mets view Cano as a player capable of bringing a jolt to the lineup over maybe the next two seasons, but are wary of what the final three years of his contract might resemble.
Cano would need to waive his no-trade clause, something he has not yet been approached about, according to Passan. This deal should be the first step of what will undoubtedly be a very busy winter for the Mets, who may look drastically different on Opening Day than they did for the past few years.