In the middle of December the Texas Rangers won the bid for Nippon Professional Baseball pitcher Yu Darvish.
On Wednesday, the Texas Rangers signed Darvish to a six-year deal worth anywhere from $56-60 million.
Texas gambled over $50 million just to be able to negotiate with the Japanese league pitcher.
The deal came down to the final moments—the Rangers were less than one hour from throwing $50 million away.
To Texas, it was worth the risk for a 25-year-old pitcher who dominated NPB in Japan.
There have now been 11 successful postings of Japanese players that resulted in either major league or minor league contracts in America.
The posting bids for the rights to negotiate with these players have ranged from $300,000 to Darvish's record $51.7 million.
Let's take a look at the five largest postings.