The NY Yankees, racing with the Red Sox to give an unproven Japanese pitcher a pantload of money, signed Kei Igawa.
Perhaps the most disappointing part of this deal is that they didn't spend all that much money, really, especially relative to the Sox. Perhaps their pitcher isn't going to be as awesome right off the bat. After all, Igawa was only 14-7 in the Japanese league last year.
The Yankees got Igawa's services after being the high bidder to talk to him (that cost them a bit over $26 Million) and then signed him to a very reasonable 5 year, $20 milllion contact. My God, that's practically cheap! Ted Lilly got 2 and half times that kind of money, and I don't think he could go 14-7 in Serbia, much less Japan.
So the Yankees spent a little under $50 million for their Japanese pitcher. The Red Sox paid over $100 Million for theirs, Daisuke Matsuzaka. So, apparently, the rumored existence of a Gyroball pitch is worth about $50 Million, or more than everyone reading this post will make in their lifetimes, combined. Happy Holidays!