Rumors of a big payday and a change of uniform for longtime Yankee Robinson Cano are true, the Mariner's announced.
The Seattle Mariners offered the 31-year-old free agent a 10-year deal worth a whopping $240 million.
Cano is a five-time All-Star and two-time Gold Glove Award winner.
Cano agreed to the deal matching the third-largest contract in Major League history last week.
The second baseman made his Major League Baseball debut with the Yankees in 2005 and has spent his entire career in pinstripes.
Cano played in 160 games last season and hit .314 with 27 homers and 107 RBIs. He posted a .899 on-base plus slugging percentage and finished fifth in American League MVP voting.
The Yankees offered Cano a $175 million, seven-year deal. New York went 85-77 last season and missed the playoffs for only the second time in 19 years; Seattle went 71-91 and hasn't been in the playoffs since 2001.
The Mariners formally announced the deal Thursday morning and introduced him at a news conference.