Though Cano is expected to decline the initial offer and test the free-agent market, the qualifying offer is substantial because it sets up the Yankees to receive a compensatory pick between the first and second rounds of the 2014 First-Year Player Draft if Cano ultimately decides to decline the offer and sign elsewhere. The same applies for Granderson and Kuroda.
As for Granderson, the 32-year-old outfielder received a qualifying offer despite playing in just 61 games this past season. Injuries limited the three-time All-Star throughout the summer, as he hit just .229 with seven home runs and 15 RBIs after turning in two consecutive seasons of 40-plus homers and 100-plus RBIs.
Granderson is two years removed from leading the American League with 119 RBIs in 2011, while also finishing second in the AL in home runs (41) and atop the Majors with 136 runs scored. In four seasons overall with the Yanks, Granderson is hitting .245 with 115 homers and 307 RBIs over 513 games.
Kuroda's offer would be a slight pay cut from the $15 million he made this past season, when he went 11-13 with a 3.31 ERA. The numbers were very similar to the ones he put up in his first year with New York in 2012, when he went 16-11 with a 3.32 ERA.
Though he will turn 39 years old before next season, Kuroda has pitched at least 196 innings and notched double-digit win totals in each of the past four seasons. The right-hander has been a model of consistency since joining the Majors after pitching 11 seasons in Japan, turning in a sub-4.00 ERA in each of his six big league seasons, while making at least 30 starts in five of those campaigns.
Paul Casella is a reporter for MLB.com. Follow him on Twitter @paul_casella. This story was not subject to the approval of Major League Baseball or its clubs.