Tanaka inks seven-year deal with Yankees
Japanese right-hander Masahiro Tanaka signed a seven-year contract worth $155 million with the New York Yankees on Wednesday. Add in the $20 million posting fee, and the Bronx Bombers committed $175 million to the Japanese right-hander.
The contract includes an opt-out clause that can be exercised after the 2017 season. Tanaka was also given a full no-trade clause.
Winner of the Japanese equivalent of the Cy Young Award the past two seasons, Tanaka posted a 1.27 ERA and a 24-0 record with the Rakuten Golden Eagles in 2013.
The total value of Tanaka’s contract ranks as the fifth-highest for a pitcher in Major League history — behind Clayton Kershaw, Justin Verlander, Felix Hernandez and CC Sabathia.
The free-agent market’s most coveted arm, Tanaka also received serious interest from the Dodgers, Angels, Cubs, White Sox, Astros and D-backs.