12/5 Tanaka update
The bidding may start soon on Japanese pitcher Masahiro Tanaka. According to various media reports, Major League Baseball and Japan’s Nippon Professional Baseball have reached a basic agreement on a new posting system. The Japan Times reports the new system will have a maximum posting fee of $20 million. Final details are still being worked out but FOX Sports and MLB Network’s Ken Rosenthal says if multiple teams submit the same bid, the player will be allowed to negotiate with all of those teams. Only the signing club would be required to pay the posting fee, which would not count against MLB’s luxury tax. Tanaka’s team, the Rakuten Golden Eagles, opposed the $20 million max posting fee but the other 11 Japanese teams approved it.
During an interview on Comcast SportsNet Chicago Wednesday night, Theo Epstein said the Cubs were looking for “impact” pitching, and Tanaka would fit that. The 25-year-old was 24-0 with a 1.27 ERA in 28 regular season games with the Tohoku Rakuten Golden Eagles.
– Carrie Muskat