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Igawa, Yankees complete five-year, $20 million deal

Updated: December 27, 2006, 7:19 PM ET
Associated Press

NEW YORK -- As the Yankees kept talking about trading Randy Johnson, they finalized their $20 million, five-year contract with Japanese pitcher Kei Igawa on Wednesday.

The Yankees had until Thursday to complete an agreement with Igawa after bidding $26,000,194 last month for the right to negotiate with him. The left-hander went 14-9 with a 2.97 ERA and 194 strikeouts for the Hanshin Tigers last season.

New York must pay the bid fee to the Tigers by Jan. 4.

Igawa, 27, figures ...

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