The Texas Rangers Have Paid A Record $51.7 Million To Negotiate With A Japanese Pitching Phenom

The Texas Rangers won the rights to Japanese pitcher Yu Darvish with a $51.7 million bid.

It's the highest bid ever for a Japanese player, about $600,000 million more than the Boston Red Sox paid for a chance to sign Daisuke Matsuzaka in 2006.

The Rangers will now have 30 days to work out a contract with Darvish. If they are unable to reach a deal, Darvish will return to Japan and the Rangers get their money back.

Some other teams that reportedly bid on Darvish were the Blue Jays and Yankees.

Please follow Sports Page on Twitter and Facebook.

Join the conversation about this story »

See Also:

• Report: Blue Jays Won The Bidding War For Japanese Pitching Phenom
• RUMOR: Bidding For Japanese Pitcher Yu Darvish Reached $50 Million
• Will Yu Darvish Buck The Trend Of Mediocre Japanese Pitchers?

Source: http://feedproxy.google.com/~r/businessinsider/sportspage/~3/PqguubnLqzE/ranger-darvish-2011-12

Hal Gill John Madden Petr Kalus Colton Gilies Justin Falk Robbie Eal