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Red Sox Sign Takashi Saito

According to FOX Sports’ Ken Rosenthal, the Red Sox signed former Dodgers closer Takashi Saito to help bolster the bullpen. The deal was completed after Saito completed his physical on Friday.

Saito will make $1.5 and $2.5 million guaranteed this season, and incentives can bring the deal at least an extra $7 million. The Japanese righthander spent the last three years with the Dodgers as their closer before running into elbow problems last season.

He will be 39 by the beginning of the season.

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Discussion

One comment for “Red Sox Sign Takashi Saito”

  1. Another lottery ticket. It’s good to see the Sox flexing their financial muscle in this way. They can afford to take chances and backfill while other teams would need to depend on these players if they were going to allocate 1.5-2.5 million. These kinds of signings work much like the draft. The relative cost is lower for a team with a higher budget. It’s surprising to see they don’t have more competition for the John Smoltzes, Rocco Baldellis, and now Takashi Saitos of the world given there are other teams out there with similar needs and financial means (the Yankees, Mets, Angels, just to name a few). I think it’s a signal that the valuation model of the Sox is truly value-based, and fundamentally different than many other wealthier teams out there.

    Posted by Charlie | January 10, 2009, 2:56 pm

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