Jan 5, 2012, 12:42 PM EST
As expected, the Yankees have failed to reach an agreement with Hiroyuki Nakajima after bidding $2 million for exclusive negotiating rights to the Japanese infielder.
Technically their 30-day window to sign Nakajima doesn’t close until tomorrow, but there’s no time for him to fly to New York to undergo a physical exam anyway and general manager Brian Cashman issued a statement ruling out a deal.
In failing to sign Nakajima the Yankees will be refunded the $2 million posting fee. Nakajima is a career .302 hitter in Japan who batted .297 with 16 homers and 21 steals last season, but expectations for his transition to the majors were very modest and he projected as a utility man.
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