Shohei Ohtani Will Not Sign With Yankees

The Shohei Ohtani sweepstakes is down to seven

The Yankees and Red Sox are among the teams that pitcher and outfielder Shohei Ohtani has ruled out, and it seems the Japanese star will likely pursue a smaller market nearer to the West Coast. The Yankees, once considered a favorite, were told they didn't make the cut. Adding to the unusual circumstances is that the 23-year-old can only be signed to a minor league deal paid out of a given MLB team's global signing-bonus pool money, meaning that the likes of the Yankees and Red Sox couldn't have brought bring their considerable financial advantages to the table. According to reports, several other teams were told the same thing Sunday, including the Twins, Mets and D-backs.

NY general manager Brian Cashman confirmed to reporters Sunday night that his club was out of the running. The feedback from that was outstanding.

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Ken Rosenthal reported a few minutes ago that seven teams remain in the running to sign Shoehei Ohtani: the Dodgers, Angels, Padres, Mariners, Giants, Rangers and Cubs. ". I wish him the best of luck". However, he made a decision to come to the USA next year, with representatives at CAA guiding the bidding process and the Fighters set for a $20 million posting fee.

Due to restrictions imposed by MLB's collective bargaining agreement, Otani is limited to a minor league contract. The Rangers remain in the running, however, because they have the most bonus money available to give to Ohtani, at around $3.535 million. The 23-year-old has until 11:59 p.m. EST on December 22 to agree to a contract with an Major League Baseball team.

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