MLB Clubs can Bid on Japanese Star 12/26/13
NEW YORK - The bidding for Japanese star pitcher Masahiro Tanaka has begun. Tanaka went 24-0 with a 1.27 ERA with his Japanese club during the regular season.
All 30 major league teams have been notified that the 30-day period to sign the star 25-year-old right-hander is open as of 8 a.m. Eastern time, according to Major League Baseball spokesman Michael Teevan. Clubs have until 5 p.m. on Jan. 24 to attempt to reach an agreement with the ace.
If Tanaka and a major league team come to terms, that franchise is required to pay his Japanese club, a posting fee, which is capped at $20 million.