Yankees add Tanaka for $155M, raising spending spree to nearly $500 million

January 23, 2014 2:34:32 AM PST
The Yankees talked frugality, then reverted to their high-spending ways.

New York capped an offseason spending spree by agreeing Wednesday to a $155 million, seven-year contract with prized Japanese pitcher Masahiro Tanaka.

Following just the second season in 19 years that didn't include a playoff appearance, the Yankees flexed their economic might and committed $438 million to four free agents.

Tanaka joined catcher Brian McCann and outfielders Jacoby Ellsbury and Carlos Beltran on a revamped roster missing long-time All-Stars Mariano Rivera, Andy Pettitte and Robinson Cano.

And in addition to the deal with the 25-year-old right-hander, the Yankees must pay a $20 million posting fee to Tanaka's Japanese club, the Rakuten Golden Eagles.

Take ABC13 with you!
Download our free apps for iPhone, iPad and Android devices

Load Comments