Credit: Noah K. Murray-USA TODAY Sports

New York Yankees Sign Masahiro Tanaka

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It has been reported that the New York Yankees and Japanese free agent pitcher Massahiro Tanaka have agreed to terms on a seven year contract worth $155 million, the fifth largest for any pitcher in the Major Leagues (CC Sabathia is one of the four pitchers with a larger deal). The contract features an opt-out clause after the fourth year.

This has the potential to be an impact deal for the Yankees, either positively or negatively, depending on Tanaka’s performance. He is touted as a player with ace material but, obviously, has never pitched in single Major League game. If he pans out to become the next Yankees ace this deal will go down as a boon for the organization, but if he were to be  a bust this deal could be long remembered as one of the worst in franchise history.

The Yankees have been very forthcoming with their desire to sign the Japanese right-hander, which made them the front-runner to land him when his Japanese team, the Rakutan Golden Eagles, decided that they were going to post him last month. I thought that it would take somewhere between $17-19 million a year to land Tanaka, but I clearly underestimated the market for his services. I assumed that his inexperience at the highest level would preclude teams from breaching the $20 million a year plateau, but that wasn’t the case.

For more coverage of this story check in at Yanks Go Yard. And if you’re looking to grab tickets for this season, make sure you buy from the NY Yankees Official Exchange.

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Tags: Masahiro Tanaka New York Yankees

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