Masahiro Tanaka bidding begins on Thursday morning and will conclude by January 24

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Japanese right-hander Masahiro Tanaka went 24-0 with a 1.27 ERA and 183 strikeouts in 212 innings this past summer for the Rakuten Golden Eagles of Nippon Professional Baseball and was cleared on Tuesday evening to pursue his dream of pitching at the sport’s highest level: Major League Baseball. Mark Feinsand of the New York Daily News lays out the details for the big-money bidding war that will play out in the weeks ahead:

The Cubs, Yankees, Angels and Diamondbacks are just a few of the teams that have expressed serious interest in the star 25-year-old right-hander. He could command more than $100 million in guaranteed money.

Phillies sign Trevor Plouffe to minor league deal

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Infielder Trevor Plouffe has signed a minor league deal with the Phillies, Gerry Fraley of the Dallas Morning News reports. Plouffe asked for and was granted his release from the Rangers earlier this month.

Plouffe, 31, had a double and a home run in 17 plate appearances with Triple-A Round Rock to start the 2018 season. He spent last year with the Athletics and Rays, putting up a meager .198/.272/.318 batting line in 100 games.

Plouffe has mostly played third base throughout his career, but can also handle the other three infield spots and both outfield corners, so he’ll serve as organizational depth at Triple-A Lehigh Valley for the Phillies.