Jan 18, 2012, 5:03 PM EST
With the 30-day negotiating window set to expire this afternoon Yu Darvish and the Rangers have agreed to a six-year contract that will bring the Japanese phenom to Texas, with Jeff Passan of Yahoo! Sports reporting that the deal is worth $60 million with an additional $10 million in potential incentives.
Last month the Rangers bid $51,703,411 for exclusive negotiating rights to Darvish, who at age 25 has won two Pacific League MVP awards and is 93-38 with a 1.99 ERA in seven seasons.
That posting fee goes to Darvish’s old team, the Nippon-Ham Fighters. Had the two sides not reached an agreement on a contract the Rangers would have been refunded the entire amount and Darvish would have remained in Japan for this season.
With a total investment of nearly $112 million the Rangers are paying about 10 percent more for Darvish than the Red Sox did for Daisuke Matsuzaka in 2006, when they spent $51,111,111 on the posting fee and signed him to a six-year, $52 million contract. Matsuzaka has been a disappointment in Boston with a 4.25 ERA in 105 starts while struggling with injuries and control, but Darvish is generally considered a better, higher-upside pitcher than Matsuzaka was in 2006.
Darvish essentially replaces C.J. Wilson in the Rangers’ rotation for about $34 million more, although with Neftali Feliz expected to become a starter after two years as Texas’ closer one of Alexi Ogando, Matt Harrison, or Derek Holland is bullpen bound. Ogando, who spent his rookie season as a full-time reliever before having success as a starter last year, has already said he’d be willing to move back to the bullpen to make room for Darvish.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 305
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (305)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)