According to ESPN's Buster Olney, Tanaka decided to sign with the New York Yankees over the Los Angeles Dodgers, Arizona Diamondbacks, Chicago Cubs and Chicago White Sox. The deal was reached before the January 24 deadline that would of sent Tanaka back to Japan for another year. Along with the $155 million contract, the Yankees will also owe a $20 million posting fee to the Rakuten Golden Eagles, Tanaka's team in Japan.
The 25 year old right-hander, Tanaka went undefeated last year for the Rakuten Golden Eagles of Nippon Professional Baseball with a staggering 1.27 ERA, 0.94 WHIP, 183 strikeouts in 212 innings, eight complete games and two shutouts.
In signing Tanaka, the Yankees begin next season with a solid starting rotation that includes: CC Sabathia, Hiroki Kuroda, Ivan Nova and Tanaka penciled in.
The New York Yankees decided to sign Tanaka over proven Major League Baseball starting pitchers such as Matt Garza, Jair Jurrjens, Paul Maholm, Ubaldo Jimenez, Ervin Santana or trading for Tampa Bay Rays star ace, David Price.
For more information on Tanaka's signing with the New York Yankees, visit: http://espn.go.com/new-york/mlb/story/_/id/10331816/masahiro-tanaka-new-york-yankees-agree-seven-year-155-million-deal