Yankees sign Tanaka; $155 million, seven seasons.
mlb.com / 1-23-14
NEW YORK -- When the Yankees were invited to exchange pleasantries with Masahiro Tanaka in Los Angeles earlier this month, they decided to put on a full-court press, hoping to make a strong impression during their two hours of face time with the prized right-hander.
The Yankees shipped an eight-person contingent to California to sell Tanaka and his agent, Casey Close, on the appeal of pitching in the Bronx, proudly showcasing a presentation that was highlighted by a taped message from Hideki Matsui and an MTV "Cribs"-style tour of Yankee Stadium.
SNIP
Tanaka's deal with the Yankees is worth $155 million over seven seasons, and it includes an opt-out clause that can be exercised after the 2017 season, a perk that was insisted upon by the pitcher's camp. Tanaka also will be granted a full no-trade clause.
"That was our one shot, and we took it very seriously," general manager Brian Cashman said. "It might have been overkill, but we felt like if that's the case, we'd rather go all out than fall short wishing we did a little bit more."
LINK: http://mlb.mlb.com/news/article/mlb/masahiro-tanaka-signs-seven-year-155-million-contract-with-new-york-yankees?ymd=20140122&content_id=66923096&vkey=news_mlb
In other news, the Red Sox signed former Cleveland outfielder Grady Sizemore to a one year $750,000 contract, though he could earn as much as $6 million in incentives. Normally I despise all things Red Sox, but I'd love to see Sizemore come back, stay healthy, and regain some of that all-star form. If he does that $6 million will be a bargain.
http://www.cbssports.com/mlb/eye-on-baseball/24417295/red-sox-agree-to-one-year-deal-with-grady-sizemore