CBS Sports is reporting that the Texas Rangers will sign Japanese starting pitcher Yu Darvish before today’s 5 p.m. deadline. The deal is believed to be for six-years, according to CBS.
Texas had 30 days to sign Darvish after winning the exclusive negotiating rights to him by committing a $51.7 million posting fee. If the deal is not completed, the Nippon-Ham Fighters, Darvish’s old team, will have to return the posting fee. If the deal goes through as CBS suggests, then the Ham Fighters will keep the entirety of the posting fee as compensation.