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The New York Yankees have won the Masahiro Tanaka sweepstakes.

According to Ken Rosenthal of FOXSports.com, the Bronx Bombers signed the coveted Japanese ace to a seven-year, $155 million dollar contract with an opt-out clause after the fourth year.

The 25-year old Tanaka makes his way to the Major Leagueโ€™s after posting a 24-0 record last year in the Pacific League. It also shouldnโ€™t come as too big of a surprise that Tanaka ultimately chose the Yankees over the Dodgers (who were thought to be the favorite) and the Cubs who said theyโ€™d outbid anyone for the rightyโ€™s services. New York, like the Dodgers and Cubs have deep pockets and a larger platform for Tanaka. Casey Close, the agent of Tanaka is also the agent of Yankees shortstop Derek Jeter.

More importantly though Tanaka offers a front end starter to pair with C.C. Sabathia. Of course though this means the Yankees probably wont get below the $189 million luxary tax.