7 Overpaid Yankees That Nearly Tanked the ClubThe lousiest players and biggest cheats to ever wear pinstripes, via Filip Bondy's 'Who's on Worst?'
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Kei Igawa (2007–2008)
Igawa was a superstar in Japan, averaging 15 victories over his last five years with the Hanshin Tigers. In November 2006, Hanshin "posted" Igawa, the process by which Nippon Professional Baseball organizes international auctions. The Yankees were hungry for starters at the time, so they paid Hanshin $26,000,194 (those last three numbers were Igawa's strikeout total in '06) merely for the rights to negotiate with him. They then signed Igawa for $20 million over five seasons, increasing their disastrous investment to just over $46 million. In his first start on April 7th, he allowed seven earned runs in five innings. By May 7th, Cashman and then-manager Joe Torre sent Igawa to the minors. He went back and forth between the Bombers and their minor-league teams for two seasons. He finished with a 2-4 record in sixteen games, with a humiliating ERA of 6.66. The Yanks had paid about $2.88 million for each of his appearances in pinstripes – or $23,000,097 per win.