Masahiro Tanaka rumors: 5 teams make formal offers over $100 million

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The right-hander reportedly has five formal offers to choose from before his Jan. 24 deadline to reach an agreement with an MLB team.

Five major league teams made formal offers to Japanese pitcher Masahiro Tanaka, per Nikkan Sports. The report says the Diamondbacks, Dodgers, Yankees, Cubs and White Sox all made offers of over $100 million for six years.

The Diamondbacks are said to have made an offer of 12 billion yen, or roughly $115 million dollars to the right-hander. Tanaka, who was posted by the Rakuten Eagles on Dec. 26, has until 5 p.m. ET on Jan. 24 to agree to a contract with an MLB team. The winning team must pay a $20 million release fee to his former NPB team.

Tanaka was 24-0 with a 1.27 ERA and led Rakuten to a win in the Japan Series in 2013, getting the save in the deciding Game 7 one night after throwing 160 pitches in a start in Game 6. Tanaka, 25, was 99-35 with a 2.30 ERA in seven years in the NPB with 1,238 strikeouts in 1,315 innings.

The Nikkan report also noted the Angels might have trouble fitting Tanaka into its budget, per owner Arte Moreno.

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