Tanaka signed with the Yankees in the early hours of Wednesday morning, for a reported seven years at $155 million, with an opt out clause after the fourth year of the deal.
The 25 year old pitcher formerly of the Rakuten Golden Eagles, went 24-0 last season with a 1.27 ERA, 0.943 WHIP and 183 strikeouts. He has improved dramatically each season since 2007.
The Yankees owe a posting fee of $20 million to the Tanaka's former team Rakuten Golden Eagles as part of the new MLB posting rules.
He joins a pitching line up that includes CC Sebathia, Phil Hughes, and Hiroki Kuroda, along with a very price off season of new teammates that include Carlos Beltran, Jacoby Elsbury, and Brian McCann.
The Yankees are seriously moving in a different direction, and once again GM Brian Cashman has guided his target to the number one market.
Tanaka and agent Casey Close had until a deadline of 5PM Eastern on Friday to have a contract and physical completed by the team of his choosing.
Question is where do the go now, do they sign another pitcher, and what's next for the Chicago Cubs who were said to be in the top 3 bidding for Tanaka.
One thing is certain, the AL East just got a lot more interesting for this coming season, as the Yankees place themselves back in the race of the crown.
*Tanaka has a full no trade clause in his new contract with the Yankees.