Yankees Reportedly Land Masahiro Tanaka with Seven-Year, $155 Million Deal

According to Ken Rosenthal, the Yankees have won the Masahiro Tanaka sweepstakes. Rosenthal reported the Yankees have agreed to terms with Masahiro Tanaka on a seven-year, $155 million contract that includes an opt-out clause after the fourth year.

If the numbers are accurate, Tanaka has signed the fifth largest contract ever for a starting pitcher behind only Clayton Kershaw, Justin Verlander, Felix Hernandez and C.C. Sabathia.

Ken Rosenthal’s report has been confirmed.

David Kaplan reported the Cubs were the runner-up for Masahiro Tanaka. The current state of the big league team swung Tanaka to the Yankees. And Tanaka wanted to play with Ichiro and Hiroki Kuroda.

The Tanaka watch is over … the Yankees landed the player and if he doesn’t opt out after four years, the total cost will be $175 million.

At this point, look for the Cubs to add a starting pitcher to the roster. Paul Maholm, Scott Baker and Jason Hammel are thought to be on their list of possibilities..

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