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.

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.