Masahiro Tanaka

Report: Yankees are “going to be bold” in bidding for Masahiro Tanaka

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We’ve known for quite some time that the Yankees are expected to bid on Japanese right-hander Masahiro Tanaka, but Jeff Passan of Yahoo! Sports hears from sources that they are willing to go to great lengths in order to land him:

Sources with knowledge of the Yankees’ plans said they are “going to be bold” in bidding on the 25-year-old right-hander when the Rakuten Golden Eagles post him, likely later this month. Just how high the Yankees plan on going is unclear, but executives believe the winning bid for the rights to negotiate a contract with Tanaka will top $75 million, nearly a 50 percent premium over the posting fees for Yu Darvish and Daisuke Matsuzaka.

While a posting fee in the range of $75 million would establish a new record for a player coming over from Nippon Professional Baseball, it would not count towards a team’s luxury tax, which obviously appeals to the Yankees. Of course, the two sides would still have to agree on a contract, and we can probably expect something similar to the six-year, $60 million deal the Rangers gave to Darvish.

As Passan notes, the interesting angle with Tanaka is that we’re not sure how the posting process will work this time around, as MLB and NPB are currently negotiating on changes which could allow for the player to have more control on where they’ll end up. George A. King III of the New York Post reported earlier today that a resolution could still be “several weeks away.” The Yankees appear willing to outbid everyone in order to get their man, but the timing could complicate some offseason plans.

Yankees sign Matt Holliday to a one-year, $13 million deal

ST. LOUIS, MO - JULY 20: Matt Holliday #7 of the St. Louis Cardinal hits a solo home run during the second inning against the San Diego Padres of game one of a doubleheader at Busch Stadium on July 20, 2016 in St. Louis, Missouri. (Photo by Scott Kane/Getty Images)
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Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.

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The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.

Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.

Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.

Bud Selig and John Schuerholz elected to the Hall of Fame

Bud Selig
AP Photo/Stephen Brashear
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Update (6:20 PM EST): Former Braves president and Royals GM John Schuerholz was also inducted to the Hall of Fame along with Selig, David O’Brien of the Atlanta Journal-Constitution reports.

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Tom Haudricourt of the Milwaukee Journal-Sentinel reports that former commissioner Bud Selig has been elected to the Hall of Fame. Haudicourt adds that Selig was nervous about the vote and didn’t want to talk about it in fear of jinxing it.

Selig’s induction will be controversial, for reasons Craig laid out in his preview on Friday. His induction was also not surprising in the least because he’s on the Hall of Fame board. A commissioner being inducted is standard fare, or as Craig put it, “a gold watch.”

Other inductees joining Selig should be announced shortly.

How about putting Marvin Miller in the Hall of Fame?