The Yankees sign Masahiro Tanaka to a $155 million deal

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And now, the big news we’ve been waiting for:

The Yankees officially announced the Tanaka signing this afternoon.

Many, including this writer, assumed the Dodgers were the front-runners. But that’s what one gets for assuming. The Yankees, of course, have always been mentioned as a strong possibility as well. New York provides a huge platform, the Yankees have deep pockets and, of course, Tanaka’s agent Casey Close is also Derek Jeter’s agent, providing a long track record of business dealings between him and the Yankees brass.

This puts to an end the Yankees’ alleged goal of getting the payroll below $189 million and thus avoiding luxury tax payments. But that’s Hal Steinbrenner’s problem, not Yankees’ fans. More important to them is that the Yankees now have a front line starter to go along with CC Sabathia at the top of the rotation. If Tanaka can come anywhere close to approximating his work in Japan and if Sabathia regains his old form, the Yankees’ 1-2 punch will be hard to match.

As for what he did in Japan: a 99-35 record with a 2.35 ERA and 1,238 strikeouts against 275 walks in 1,315 innings pitched across seven seasons. In 2013 he was 24-0 with a 1.27 ERA and a 183/32 K/BB ratio in 212 innings, leading the Rakuten Golden Eagles to the NPB World Series title.

Mariners claim Kaleb Cowart off waivers from Angels

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The Mariners announced that the club claimed Kaleb Cowart off waivers from the Angels. Interestingly, the Mariners list Cowart as both an outfielder and a right-handed pitcher. Cowart has never pitched professionally, but the Mariners will try him as a two-way player next season, Ryan Divish of the Seattle Times reports. Cowart was a highly regarded pitcher in high school.

Cowart, 26, has played all over the field, spending most of his time at third base and second base, but also logging a handful of innings at first base, shortstop, and left field.  He hasn’t hit much at all, owning a career .177/.241/.293 triple-slash line across 380 plate appearances in the big leagues. It makes sense to try another angle.

Shohei Ohtani, of course, is helping to popularize the rebirth of the two-way player. In his first year in the majors after having played in Japan for five years, Ohtani won the AL Rookie of the Year Award by posting a .925 OPS in 367 plate appearances along with a 3.31 ERA over 10 starts. Don’t expect Cowart to hit those lofty numbers, but additional versatility could prolong his life in the majors.