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Yankees Give Tanaka Fifth-Richest Pitcher Deal in MLB History

The New York Yankees gave Japan’s Masahiro Tanaka the fifth-richest contract for a pitcher in Major League Baseball history in an effort to bolster their starting staff after missing the playoffs last season for just the second time in the past 19 years.

Tanaka, who went 24-0 last season to lead his team to the Japanese baseball championship, agreed to a seven-year, $155 million deal, according to his agent, Casey Close, who also represents Yankees shortstop Derek Jeter. Tanaka could opt out of the contract after the first four years.