Rangers sign Yu Darvish to six-year, $60 million deal, bringing total investment to $112 million

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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.

Yankees trade Chase Headley, Bryan Mitchell to the Padres for Jabari Blash

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The New York Yankees have traded third baseman Chase Headley and pitcher Bryan Mitchell to the San Diego Padres for outfielder Jabari Blash. Joel Sherman of the New York Post was the first to report the trade. Ken Rosenthal of The Athletic was the first to report that Blash was coming back in return.

Headley, a third baseman, hit .273/.352/.406 for the Yankees last year. He, of course, played for the Padres from 2007 through the middle of 2014, when he was dealt to New York. Mitchell has pitched 48 games for the Yankees, most from the pen, over four seasons, with an ERA of 4.94 in 98.1 innings. He doesn’t strike out many and he walks a lot. He throws hard.

Blash, an outfielder, has hit .200/.323/.336 with eight homers in 279 big league plate appearances. Blash has shown a lot of power potential in the minors, but has not yet put it together in the bigs. Given what the Yankees have in their outfield at the moment, he’s going to be organizational depth or, perhaps, a chit in a future trade.

This would seem to be an exercise in salary clearing by the Yankees in anticipation of another move, as it takes about $13 million off of their payroll. Which is about how much was added to their payroll for 2018 in the Giancarlo Stanton deal. That could get Todd Frazier back for them, perhaps. Or it could help them retain CC Sabathia or go after another starting pitcher. The club likewise maintains an interest in getting under the $197 million payroll threshold which would trigger yet another year of 50% luxury tax payments for the Yankees.