ARLINGTON (CBSDFW.COM) — The biggest name on the market is no longer free — and he’s not a Texas Ranger either.
CBS Sports’ Jon Heyman confirms that the Yankees have agreed to a seven year, $155 million contract with Japanese pitcher Masahiro Tanaka. The deal includes an opt-out for Tanaka after the fourth season.
Tanaka became the first player to sign under the new deal between MLB and Nippon Professional Baseball, which caps posting fees at $20 million. Tanaka was free to negotiate with any team that matched the maximum bid.
Speculation swirled that the Rangers would re-enter the Tanaka sweepstakes following the news of Derek Holland’s injury. But recent reports named the Yankees, Dodgers, Cubs, White Sox and Diamondbacks as the most aggressive suitors.
The 25-year-old right-hander went 24-0 with a 1.27 ERA with the Rakuten Golden Eagles during the regular season, leading the team to the Japan Series title.
Ken Rosenthal reported the deal first.
(©2014 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
- Vacant Elementary School Catches On Fire
- Rescue Still Ongoing For Boy Who Fell Into Brazos River
- Coast Guard Closes Neches River After Oil Spill
- Spieth Earns 8th PGA Win, 1st in Texas
- Fielder, Moreland Lead Rangers Past Pirates 6-2
- Man Fights To Take Pregnant Wife Off Life Support
- Cowboys’ Romo Update: Complication In Back Surgery
- Flu Cases Spike In Texas, 13 Dead In Houston Area
- 70-Year-Old Brutally Attacked Outside Restaurant
- Owner Reunites With Dog 4 Months After ‘Dognapping’
- PHOTOS: Your Pet Pictures