Yankees sign Japanese ace Masahiro Tanaka to $155M deal

Masahiro Tanaka
Masahiro Tanaka also pitched in the last World Baseball Classic.
Credit: Getty Images

So much for a $189 million payroll.

The Yankees have reportedly agreed to a seven-year, $155 million deal with Japanese starter Masahiro Tanaka. FOX Sports’ Ken Rosenthal was first to report the deal.

Tanaka, 25, was the prize of the free agent pitching market after his Japanese team, the Rakuten Golden Eagles, reluctantly decided to post their ace last month.

The right-hander was an unbelievable 24-0 with a 1.27 ERA last season as he won the Eiji Sawamura Award — the Japanese equivalent of the Cy Young Award. He also won the MVP of the Japan Series in 2013 as Rakuten won the Japanese championship. He threw 130 pitches in Game 6 and then came back and pitched in relief the next day, closing out the win with a save.

The Yankees’ $155 million deal would be the highest ever bestowed upon a Japanese pitcher. Yu Darvish was signed by the Rangers to a six-year, &65 million deal in 2012 and Daisuke Matsuzaka was signed by the Red Sox in 2007 to a six-year, $52 million deal.

Tanaka does, however, have an opt out in his deal after the fourth season.

But what the Yankees didn’t have to contend with in paying Tanaka was the old posting system. MLB and the Japanese league agreed to a new posting system this offseason in which an MLB team only has to pay $20 million and are then able to negotiate with the player.

The old system involved a blind bidding process in which the highest bidder only was able to negotiate a contract. The Red Sox bid $51 million just to negotiate with Matsuzaka.

The Yankees had publicly stated they wanted to keep the 2014 payroll under the $189 million luxury tax number. But the team still went out and signed big-name free agents catcher Brian McCann, outfielder Jacoby Ellsbury and Tanaka. They appear likely to save on paying Alex Rodriguez’s $25 million salary due to his suspension, however.

Tanaka likely slots into the middle of the rotation, even though scouts believe he does have the stuff to be a top-of-the-rotation starter in the majors. The Yankees’ rotation now includes CC Sabathia, fellow Japanese pitcher Hiroki Kuroda and Ivan Nova. The final spot will be a battle in spring between Michael Pineda, who is returning from shoulder surgery, and David Phelps. Adam Warren and Vidal Nuno could also be darkhorse contenders for the final spot.

Tanaka does have a history of pitching on a big stage, with two appearances in the World Baseball Classic. He pitched in four games in relief as a 20-year-old in the 2009 WBC, with a 3.86 ERA in 2 1/3 innings. He was very impressive four years later in last year’s Classic. He had a 2.57 ERA and 12 strikeouts and no walks in seven innings.

He has a career record of 99-35 with a 2.30 ERA and 1.11 WHIP in seven seasons with Rakuten. He won the Sawamura Award twice (2011, 2013) and led the league in ERA twice.

Follow Metro New York Sports Editor Mark Osborne on Twitter @MetroNYSports.


New statue of Penn State's Paterno set for…

By David DeKokHARRISBURG, Pennsylvania (Reuters) - Fundraising for a new statue depicting Joe Paterno "as the man he was and not Joe the football coach"…


Future Boston Alliance invites you to #RidetheLine, support…

#RidetheLine aims to show the city, the nation, and the globe our creative impact as Boston citizens.


(Update) Body of missing BU grad Eric Munsell…

The dead man pulled from the water at Boston's Long Wharf Wednesday afternoon was that of missing 24-year-old Boston University alumnus Eric Munsell, Boston Police said today.


On newly released tape, 'Squeaky' Fromme says was…

Manson Family member Squeaky Fromme told a mental health examiner in newly released interview the "X" she carved in her forehead was meant to separate her from "the system."


Tribeca: 'Goodbye to All That' star Paul Schneider…

Paul Schneider talks about his new film "Goodbye to All That," not acting too much and how he'd rather indulge in simple pleasures than play the scene.

The Word

Taylor Swift battles paparazzi daily at Tribeca penthouse

We're entranced by these photos of poor Taylor Swift leaving her Tribeca apartment.


Tribeca: Nikki Reed on going funny for a…

"Intramural" star Nikki Reed talks about being the straight person in a broad comedy, spending time in Austin and how "Thirteen" was a "miracle."


'Becoming Cuba' at Huntington is a bit short…

Playwright Melinda Lopez freely lampoons the English language for its lack of passion in her latest work, “Becoming Cuba.” Ironically, the Huntington Theatre Company’s playwright-in-residence…


2014 NFL Mock Draft: Updated, new April 24…

2014 NFL Mock Draft: Updated, new April 24 version


5 infamous pitcher ejections for cheating

Never fear Yankees fans, Michael Pineda is far from the first MLB pitcher to be thrown out of a game for cheating.


Patriot’s schedule comes up fair

Those looking for built-in excuses for the Patriots 2014-2015 season will have to look elsewhere, because their schedule came up fair. For the fourth straight…


Nava demoted, Victorino return imminent

  Red Sox outfielder Daniel Nava, who was batting a team-low .149/.240/.269, was demoted to Triple-A Pawtucket on Wednesday. "His struggles at the plate, I…


New study: Inside the wage gap between boys…

According to a new study, there's a wage gap between boys and girls, with boys earning more allowance for less chores.


From Apple TV to Fire TV, big changes…

Apple is set to launch a new generation of it's Apple TV, which grossed over $1 billion in 2013. But competition from Amazon and Google looms.


Katy Perry releases a new Claire’s collection

Katy Perry expands her empire by releasing an accessories collection at Claire's.


MAC & Proenza Schouler collection unveiled

MAC Cosmetics is releasing a new collection with Proenza Schouler.