The 25-year-old right-hander was 18-6 with a 1.44 ERA this past season playing for the Hokkaido Nippon Ham Fighters. He had 276 strikeouts, which led the league.
He can now go through the system to negotiate with a major league club. Here's how it works:
* Teams have until next Wednesday to submit a sealed bid to MLB. Clubs won't have any idea what the other teams are bidding, but the team with the highest bid will be sent to the Fighters.
* They then have four business days to determine if they accept the bid.
* If they do, the MLB club then has 30 days to negotiate with Darvish and hammer out a deal.
* If no deal is reached, the MLB club does not pay the posting fee and Darvish returns to play in Japan for another year.
The Rangers certainly have interest, but to what level? They have said they want to spend most of their money internally, which was one reason they didn't step out beyond their comfort zone on free-agent pitchers C.J. Wilson and Mark Buehrle.
Some believe that Darvish could get something similar to what Daisuke Matsuzaka got in 2006. The Red Sox paid a $51.1 million posting fee and gave him a six-year, $52 million contract.
If that's what it takes for Darvish, I'd be surprised if the Rangers are competitive. I bet they bid, but won't go to the Matsuzaka level. We'll see what happens.
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Play Podcast Fitzsimmons and Durrett discuss how some people are calling for the Rangers to fire manager Ron Washington.