Yankees pick up options on Cano and Swisher

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NEW YORK (AP) -- The New York Yankees have exercised contract options for next season on second baseman Robinson Cano and right fielder Nick Swisher.

The moves were announced Saturday night.

The decision on Cano's $14 million option was a mere formality, but there was some thought that the Yankees might consider parting ways with Swisher because of his postseason struggles. The AL East champions chose to pick up his $10.25 million option rather than pay him a $1 million buyout.

A three-time All-Star, Cano signed a four-year, $30 million contract before the 2008 season that includes a pair of club options. The 29-year-old slugger hit .302 with 28 homers and a career-high 118 RBIs this year. New York, which could have paid him a $2 million buyout, holds a $15 million option for 2013.