Share story

NEW YORK — The Yankees talked frugality, then reverted to their high-spending ways.

New York capped an offseason spending spree by agreeing Wednesday to a $155 million, seven-year contract with prized Japanese pitcher Masahiro Tanaka.

After just the second season in 19 years that didn’t include a playoff appearance, the Yankees flexed their economic might and committed $438 million to four free agents.

Tanaka joined catcher Brian McCann and outfielders Jacoby Ellsbury and Carlos Beltran on a revamped roster missing longtime All-Stars Mariano Rivera, Andy Pettitte and Robinson Cano.

Unlimited Digital Access. $1 for 4 weeks.

And in addition to the deal with the 25-year-old right-hander, the Yankees must pay a $20 million posting fee to Tanaka’s Japanese club, the Rakuten Golden Eagles.

“Anybody that questioned our commitment to winning is going to have to question themselves,” Yankees co-chairman Hank Steinbrenner said.

Big-league teams had until Friday to reach an agreement with Tanaka, who was 24-0 with a 1.27 earned-run average last year as the Golden Eagles won the Japan Series title. Arizona, the Chicago Cubs and White Sox, the Los Angeles Dodgers and Houston all said they were among the failed bidders.

Tanaka’s deal is the fifth-largest for a pitcher, trailing only the seven-year deals of the Dodgers’ Clayton Kershaw ($215 million), Detroit’s Justin Verlander ($180 million), Seattle’s Felix Hernandez ($175 million) and the Yankees’ CC Sabathia ($161 million).

BOSTON — Outfielder Grady Sizemore, 31, agreed to a $750,000, one-year contract with the Boston Red Sox.

A three-time All-Star from Everett, Sizemore has played eight major- league seasons, all with Cleveland.

Sizemore was an AL All-Star in each of his last three full seasons (2006 through 2008) and hit .279 during that stretch. He has been hampered by injuries the last five years, missing the past two seasons after operations on his right knee and back.

Sizemore’s base salary is guaranteed and he can make $4 million in performance bonuses and $1.25 million in roster bonuses.


• Left-hander Eric O’Flaherty and the Oakland Athletics agreed on a $7 million, two-year contract.

• The New York Mets agreed to a one-year contract with first baseman-outfielder Lucas Duda worth $1,637,500.

• The Tampa Bay Rays acquired infielder Logan Forsythe, pitcher Brad Boxberger and three minor-leaguers from the San Diego Padres for pitchers Alex Torres and Jesse Hahn.

Custom-curated news highlights, delivered weekday mornings.