Yoshinobu Yamamoto, a top-tier pitcher, agreed to a groundbreaking 12-year, $325 million deal with the Los Angeles Dodgers, marking MLB's largest pitcher contract ever. The Orix Buffaloes, his previous team, will receive a posting fee of over $50 million.
Amid intensified bidding on Thursday, the Dodgers, Yankees, and Mets emerged as favorites, yet Yamamoto opted to join the Los Angeles squad alongside Shohei Ohtani. Ohtani's recent $700 million contract allowed the Dodgers flexibility in spending, enabling them to secure Yamamoto. Unlike Ohtani's deal, Yamamoto's contract reportedly carries no deferrals and includes a $50 million signing bonus, per Ken Rosenthal.
While the Mets matched the Dodgers' $325 million offer, the Yankees proposed $300 million, as reported by Andy Martino.
Aged 25, Yamamoto boasted an illustrious career in Japan's Nippon Professional Baseball league, amassing a remarkable 1.72 ERA and impressive stats over seven seasons with the Orix Buffaloes. His achievements include three Eiji Sawamura Awards and five All-Star Game appearances.
Previously, Masahiro Tanaka held the record for the most lucrative contract by a Japanese pitcher, signing a $155 million, seven-year deal with the New York Yankees in 2014, which Yamamoto's deal now surpasses.
Joining the Dodgers, Yamamoto enters a powerhouse team with standout players like Mookie Betts and Freddie Freeman. The Dodgers, boasting a consistent track record with 11 consecutive postseason appearances, sought a stabilizing force in their rotation, a role Yamamoto is expected to fill alongside other talented pitchers.
Despite recent additions like Tyler Glasnow, the Dodgers required a key figure in their rotation. Yamamoto's arrival positions him as a cornerstone alongside pitchers like Walker Buehler, Bobby Miller, and Emmet Sheehan. A potential return for free agent Clayton Kershaw, a franchise legend, remains a possibility.
With an estimated $1 billion in offseason spending, the Dodgers emerge as frontrunners for the 2024 World Series, poised to build upon their dominant roster.