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Tuesday, December 19, 2006
Yankees reportedly reach agreement with Igawa

ESPN.com news services

Looks like the New York Yankees can't get enough of left-handed starters.

They already had Randy Johnson. Then they lured Andy Pettitte back to the Bronx this offseason. Now, multiple media reports said on Monday night that the Yankees have reached agreement with Japanese southpaw Kei Igawa.

The Yomiuri Shimbun put the value of the deal at $20 million over five years. That's on top of the $26 million that the Yankees bid to negotiate with the 27-year-old. They will pay that sum to his old team, the Hanshin Tigers, when the deal becomes official.

The newspaper also reported that the deal includes incentives but did not specify what they were.

The deal comes less than a week after the rival Boston Red Sox signed Japanese star Daisuke Matsuzaka to a six-year, $52 million deal.

Igawa was 14-9 with a 2.97 ERA in Japan last season. He won the Central League MVP in 2003 when he was 20-5 with a 2.80 ERA.

Pettitte, meanwhile, was en route to New York to take his physical and finalize his one-year, $16 million deal.