UPDATE: Yu Darvish is the newest member of the Texas Rangers. The 25-year-old starter has signed a six-year, $60 million deal, tweets Evan Grant of the Dallas Morning News.
Jeff Passan of Yahoo Sports adds that Darvish could earn up to $10 million more in bonuses.
The exact posting fee the Nippon Ham Fighters – Darvish’s Japanese team – will receive from the Rangers is a whopping $51,703,411.
FROM EARLIER: Jon Morosi of FOX Sports has reported that the Rangers and Darvish are close to agreeing to a contract.
FROM EARLIER: The deadline for the Texas Rangers to come to an agreement with Yu Darvish is today at 4 p.m. Eastern.
T.R. Sullivan of MLB.com wrote that a deal is not guarenteed, though the Rangers will continue working until the 11th hour to sign the 25-year-old Japanese starter.
After Texas made a record posting bid of $51.7 million for the rights to negotiate with Darvish, it would be a shock if they were unable to come to an agreement. If the two sides fail to make a deal, Darvish would return to Japan for the 2012 season and become a true MLB free agent next offseason and have the ability to negotiate with any team.
Some speculation is that the Rangers are also in on free agent slugger Prince Fielder, but they won’t be able to sign both him and Darvish. You have to wonder if they’re still trying to decide between the two at this point.