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Yankees Land Masahiro Tanaka for $155 Million

Masahiro Tanaka's next press conference will be in New York with a pinstripe background, according to Buster Olney. (Photo courtesy of the NY Post)

After reportedly whittling his decision down to five teams, including the Boston Red Sox, Japanese phenom Masahiro Tanaka has decided to sign with the New York Yankees, according to ESPN’s Buster Olney.

The deal is for a reported seven years and a whopping $155 million, and includes an opt-out clause after the fourth year. The Yankees will also pay Tanaka’s $20 million posting fee on top of the lucrative contract.

The 24-year-old Tanaka comes to the Yankees from the Tohoku Rakuten Golden Eagles having posted a 24-0 record in the Japan Pacific League last year, with a 1.27 ERA and 183 strikeouts in 212 innings. He will join fellow free agent signees Jacoby Ellsbury, Brian McCann, and Carlos Beltran on a completely new-look Yankees roster hoping to return to postseason glory after missing the playoffs for just the second time in the past 18 seasons.

What do you think of the deal? Did the Red Sox dodge a $155 million bullet, or are the Yankees once again a force to be reckoned with in the AL East?

About Nick Bohlen - @ndbohlen

Nick is an editor and regular contributor for the Patriots, Celtics, and Red Sox sections of SoB. (Despite growing up in Vermont, just a short drive from Canada, hockey never really caught on with him.) Follow him on twitter: @ndbohlen

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