6:05 PM EST: Anthony Andro is reporting that it's actually a 5-year deal with a player option 6th year.
4:36PM EST: The Texas Rangers have finally signed Yu Darvish, according to Jon Heyman. The deal is for five years, $60 million, according to Evan Grant of the Dallas Morning News. That puts the total price to acquire Darvish at $112 million, with the posting fee.
The deal came down to the wire, with minutes left to go before the deadline. Failing to sign would've kept Darvish with the Nippon Ham Fighters -- and the Rangers would've kept their $52 million posting fee. Now, though, they have their phenom.
The big question going forward is whether the $112M+ they're spending to get him could've been better spent, either in keeping C.J. Wilson or pursuing Prince Fielder. What do you think? Good investment?
Twitter / @JonHeymanCBS - "Darvish, rangers agree to main terms. Just wrapping it up."
- Twitter / @JonHeymanCBS - "Darvish agreement with #rangers expected to be 6 years."
- Yu Darvish Rumors: Rangers Making Progress On Deal - MLB Daily Dish
The Texas Rangers and starting pitcher Yu Darvish have until 5 p.m. EST today to reach an agreement on a new contract. If the two sides fail to do so, Darvish will return to Japan for the 2012 season and the Nippon Ham Fighters will not receive the $51,703,411 posting fee that the Rangers agreed to pay a month ago.
- Texas Rangers Interested in Oswalt, Optimistic on Darvish Deal - MLB Daily Dish
The Texas Rangers are looking at Roy Oswalt, according to Gerry Fraley of the Dallas Morning News. This would be either in addition to or insurance against signing Yu Darvish, which the team is growing increasingly optimistic about, according to Richard Durrett of ESPN...