Yoshinobu Yamamoto Rumors: Contract Could Reach $300 Million

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Aug 4, 2021; Yokohama, Japan; Team Japan pitcher Yoshinobu Yamamoto (17) throws a pitch against Korea in a baseball semifinal match during the Tokyo 2020 Olympic Summer Games at Yokohama Baseball Stadium. Mandatory Credit: Yukihito Taguchi-USA TODAY Sports

When the Orix Buffaloes posted Yoshinobu Yamamoto for MLB free agency, it gave teams an opportunity to begin negotiating with a 25-year-old pitcher who many believe could be a staff ace.

Yamamoto, Blake Snell and Aaron Nola largely made up a shallow market of available frontline starters. Nola drew interest from the Los Angeles Dodgers and other teams, but quickly re-signed with the Philadelphia Phillies on a seven-year, $172 million contract.

Sonny Gray followed that by joining the St. Louis Cardinals on a three-year, $75 million deal.

As for Yamamoto, widespread interest is potentially could result in signing for $300 million, according to Jon Heyman of the New York Post:

Japanese starter Yoshinobu Yamamoto may be the most popular free agent ever — at least among big-market clubs — and that’s why execs are predicting he may cost the signing team as much as $300 million, including the posting fee.

Original projections had Yamamoto signing with an MLB team for an estimated $200 million.

Yamamoto’s agent, Joel Wolfe of Wasserman, said his client had received more interest at the outset of free agency than any player he could remember.

Yamamoto went 17-6 with a 1.21 ERA, 0.86 WHIP and 176 strikeouts in 24 starts for the Buffaloes this year. He won a third consecutive Eiji Sawamura Award, which is Nippon Professional Baseball’s (NPB) equivalent of MLB’s Cy Young, and Yamamoto ended his career in Japan by winning three MVP Awards in a row.

The Arizona Diamondbacks, Boston Red Sox, Chicago Cubs, Detroit Tigers, Dodgers, New York Mets, New York Yankees and San Francisco Giants are among the teams that have been linked to the right-hander.

Yoshinobu Yamamoto free agency timeline

Yamamoto has a 45-day posting window to negotiate with teams and sign a contract during free agency. He faces a deadline of 2 p.m. PT on January 4, 2024.

The Giants were recently identified as possibly having taken a lead in the Yamamoto sweepstakes, but the Yankees reportedly have expressed a belief they are the favorite.

With the Winter Meetings coming to a close, Yamamoto is expected to begin sitting down with teams next week.

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Matthew Moreno is a journalist from Whittier, Calif., who is a credentialed reporter and is currently the Executive Editor of DodgerBlue.com and LakersNation.com. In addition to covering Los Angeles Dodgers and Los Angeles Lakers, Matthew has a strong passion for keeping up to date with the sneakerhead culture. It began with Michael Jordan and Air Jordan shoes, and has carried over to Kobe Bryant's signature line with Nike. Matthew previously was the lead editor and digital strategist at Dodgers Nation, and the co-editor and lead writer at Reign of Troy, where he covered USC Trojans Football. Matthew graduated from California State Long Beach University with a major in journalism and minor in communications. Contact: matt@mediumlargela.com
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