Igawa to Yanks for $25m, rumor has it

DMZ · November 28, 2006 at 4:04 pm · Filed Under General baseball 

ESPN purports posted pitcher to put on pinstripes.

And you thought Daisuke’s bid was high. Remaining options for the M’s include…uh… yeagh.

Comments

17 Responses to “Igawa to Yanks for $25m, rumor has it”

  1. Mr. Egaas on November 28th, 2006 4:05 pm

    Can’t wait for Matsuzaka vs. Igawa, Yanks vs. BoSox, coming Summer 2007 to an zip whirrrr FOX! station near you!

  2. Josh on November 28th, 2006 4:16 pm

    At least we didn’t get him for the price. Even if retaining him for six years at a likely lower than possible salary of $6m-ish per year, that becomes very costly. I’m hesitant to add the posting fee in as overall player cost, but it seems that’s what the M’s think of it. If so, you end up $10m-ish per year.

    I’m not even convinced that Igawa will be very good here.

    You’re right though. Options? Who needs options? What are options anyway? Oh, those things that Baek, etc. will use when they suck it up in Seattle next summer.

  3. Calderon on November 28th, 2006 4:26 pm

    Second best news I’ve heard this winter.

  4. Dan W on November 28th, 2006 4:35 pm

    Awesome alliteration as announced above!

  5. Deanna on November 28th, 2006 4:57 pm

    The official press conference from Hanshin is theoretically starting in 5 minutes. Whee.

  6. NBarnes on November 28th, 2006 5:12 pm

    Wow. That’s a trapped bid. If they go for a short contract, the $25 doesn’t get spread out and his yearly gets crazy. If they get him for six years, they’re still spending a lot of money and they’re on the hook.

    Who’s Igawa’s agent? I wouldn’t be surprised to see the Yankees try to deny Igawa the clause that Matsui got (and Matsuzaka will likely get) that will make him a free agent after the contract is up, rather than remaining under club control for six years. If the Yankees can get that concession and then negotiate a two or three year contract with a low per-year salary, they’ll force most of the remaining (after posting fee) risk onto Igawa rather than assuming it themselves. I think that might be the only way to make this bid and upcoming contract work for New York.

  7. DKCecil on November 28th, 2006 5:46 pm

    I believe Arn Tellem is his agent, same guy that just got Mussina’s deal done.

  8. idahowriter on November 28th, 2006 6:02 pm

    Yup, Tellem is the agent for Matsui and Giambi, too, I believe.

  9. msb on November 28th, 2006 6:23 pm

    Rotoworld is full of nuggety goodness:

    “Yankees GM Brian Cashman confirmed that his team was awarded the rights to Japanese left-hander Kei Igawa. Their bid was for right around $26 million. According to the New York Times, the Mets bid $15 million-$19 million. The Yankees will have until Dec. 28 to work out a deal with the 27-year-old Igawa, who is represented by Arn Tellem. Tellem is the agent for fellow Yankees Hideki Matsui and Jason Giambi and is known to have a good relationship with the team. It’s still possible the Yankees will ask the Hanshin Tigers to kick back a portion of the posting fee.”


    Alfonso Soriano has full no-trade protection and a $300,000 bonus for winning the MVP award included in his eight-year, $136 million contract with the Cubs. Soriano gets an $8 million signing bonus, $9 million next year, $13 million in 2008, $16 million in 2009 and then $18 million per season in each of the final five years of the deal. Also, he gets a suite in Cubs road games and is guaranteed six premium tickets for each home game during spring training, regular season and the postseason — and for the All-Star game if he is selected. He gets $250,000 for collecting most All Star votes, $350,000 if he is selected the World Series MVP, $250,000 for the league championship series MVP, $300,000 for the MVP award and $75,000 for a Gold Glove.”

    oh, and Piazza is deciding between the As & the Phillies…

  10. BoneFan on November 28th, 2006 6:38 pm

    NY Times deems it fit to print: 26M USD.

    Of course, the way the dollar’s going, that’s the equivalent of $4M last week.

  11. Mr. Egaas on November 28th, 2006 8:19 pm

    Piazza makes so much more sense for an AL team. Kendall plays, well, a ton, so I dunno how much he would catch, but they do need the DH. Figure he could do a bit of both if Oakland nabs him.

  12. Oly Rainiers Fan on November 28th, 2006 9:11 pm

    C’mon, let’s talk about the really important rumors. Nick Lachey joins the ownership group for the Tacoma Rainiers: story here

  13. Sports on a Schtick on November 28th, 2006 11:23 pm

    What was yeagh’s xFIP last season? I’ll assume it was better than Pineiro’s.

  14. firova on November 29th, 2006 5:54 am

    Since Igawa is gone, what kind of a deal can be made for Freddy, and would he represent, at $9 mill for one year, a better deal than anything left on the FA market? John Hickey mentions Garcia in the PI.

  15. msb on November 29th, 2006 7:52 am

    you gotta love a headline like this: “Jays roll out red carpet for Meche”

  16. PADJ on November 29th, 2006 8:05 am

    “Jays roll out red carpet for Meche” …

    Nah. This pairing can’t happen. As the article points out, they signed B. J. Ryan, A. J. Burnett, and their GM is J. P. Ricciardi.

    Meche is…well…Gil. 😉

  17. Tim_G on November 29th, 2006 7:41 pm

    Wait a minute!

    #9:
    “It’s still possible the Yankees will ask the Hanshin Tigers to kick back a portion of the posting fee.”

    Is that even legal, or just wild speculation? Could the Red Sox be doing that with Matsuzaka?

    It looks like the D-Rays got the best posting bargain this year, but if there are kickbacks, that’s BS.

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