Via NPB Tracker (translated article), Kei Igawa has signed a two-year contract worth ¥200M with the Orix Blue Wave Buffaloes. That’s roughly $2.5M in American dollars. He spent the first part of his career with the Hanshin Tigers, so he’s joining a new team.
Igawa, 32, will go down as one of the most spectacular busts in Yankees history. They invested $46M in him — $26M posting fee plus $20M contract — only to receive a 6.66 ERA in 71.2 IP. Igawa spent the final three years of his five-year deal pitching exclusively in the minors. The Yankees admitted they didn’t do their homework before signing him. Igawa declined two opportunities to return to Japan in recent years, saying he wanted to see his time in the U.S. through.