Source: Yanks land Tanaka with $155M deal

Masahiro Tanaka has decided to sign with the New York Yankees, a source confirmed to ESPN's Buster Olney.


Tanaka's deal with the Yankees is worth $155 million over seven years and includes an opt-out clause after the fourth year, according to the source.

Tanaka's agreement with the Yankees was earlier reported by Fox Sports.


Tanaka, 25, went 24-0 with a 1.27 ERA in the Japanese League last season and is considered by many to be a top-of-the-rotation starter.


Under new rules set this offseason, the Yankees also owe a $20 million posting fee to the Rakuten Golden Eagles, Tanaka's team in Japan. The right-hander was still under contract with the Eagles for two more years.


Tanaka will join a revamped roster with the Yankees, who also have signed outfielder Jacoby Ellsbury, catcher Brian McCann and slugger Carlos Beltran to lucrative contracts this offseason.


New York, which missed the postseason for just the second time since 1995 this past year, added some much-needed talent to its rotation, which previously had been led by aging veterans CC Sabathia and Hiroki Kuroda.


Tanaka and agent Casey Close had until a deadline of 5 p.m. ET on Friday to have a contract and physical completed with the ace pitcher's new team.
Tanaka is 99-35 with a 2.30 ERA and 1,238 strikeouts in 175 games for Rakuten since 2007. He has 53 complete games, including 18 shutouts.

Good pickup for the yankees, i love it, as i think this is all they needed was one more good starter to roundout their roster! All aquisitions made are a perfect fit for the yankees, i look for them to win i believe #28 worlds championship. Go yankees all the way in 2014!!!!!!!!!!!!!