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Masahiro Tanaka to Yanks for $155M
Updated: January 22, 2014, 11:47 AM ET
By Andrew Marchand | ESPNNewYork.com
NEW YORK -- The Yankees spent much of 2013 scouting starter Masahiro Tanaka in Japan. After seeing him go 24-0 with a 1.27 ERA, they came away convinced his stuff would translate to the major leagues.
On Wednesday, before Tanaka has ever thrown a major league pitch, they confirmed their conviction by signing the 25-year-old right-hander to a seven-year, $155 million contract, his agent, Casey Close, confirmed to ESPNNewYork.com
The contract includes an opt-out clause after the fourth year. The Yankees will pay Tanaka's Japanese team, the Rakuten Golden Eagles, a $20 million posting fee.
"We're going to do what we've got to do to win," Yankees co-chairman Hank Steinbrenner, who is not as involved in day-to-day operations as his brother, Hal, told The Associated Press in a telephone interview.
To read entire article, click on link below:
http://espn.go.com/new-york/mlb/sto...ork-yankees-agree-seven-year-155-million-deal
Updated: January 22, 2014, 11:47 AM ET
By Andrew Marchand | ESPNNewYork.com
NEW YORK -- The Yankees spent much of 2013 scouting starter Masahiro Tanaka in Japan. After seeing him go 24-0 with a 1.27 ERA, they came away convinced his stuff would translate to the major leagues.
On Wednesday, before Tanaka has ever thrown a major league pitch, they confirmed their conviction by signing the 25-year-old right-hander to a seven-year, $155 million contract, his agent, Casey Close, confirmed to ESPNNewYork.com
The contract includes an opt-out clause after the fourth year. The Yankees will pay Tanaka's Japanese team, the Rakuten Golden Eagles, a $20 million posting fee.
"We're going to do what we've got to do to win," Yankees co-chairman Hank Steinbrenner, who is not as involved in day-to-day operations as his brother, Hal, told The Associated Press in a telephone interview.
To read entire article, click on link below:
http://espn.go.com/new-york/mlb/sto...ork-yankees-agree-seven-year-155-million-deal