Brian Cashman, the Yankees general manager, revealed that Ohtani's representatives informed him that Ohtani, one of the most intriguing players to come out of Japan in more than a decade, will not choose the Yankees.
"I can't say that is 100 percent the case, but I got the indication Friday evening that our presentation was fantastic and that it might not be a ideal fit, " Yankees GM Brian Cashman said on Sunday night of a conversation he had with Ohtani's representatives.
Ohtani's list favors West Coast teams and small market clubs, which would explain the Yankees' exclusion.
"Then I got the unfortunate news today that we were out of the picture".
Ohtani was posted by the Hokkaido Nippon-Ham Fighters on Friday. By leaving Japan at 23, Ohtani can only sign a standard major-league rookie contract, and his signing bonus cannot exceed $3.535 million.
Passan reported Saturday that Ohtani had begun to schedule meetings with teams for this week.
The largest deal he could sign is with the Texas Rangers for $3,535,000, followed by the Yankees ($3.5 million), Minnesota ($3.07 million), Pittsburgh ($2,266,750), Seattle ($1,557,500), Miami ($1.49 million) and the Los Angeles Angels ($1,315,000). All seven of the finalists will meet with Ohtani in the coming days.
The Cubs, Dodgers and Giants are restricted to $300,000 maximums in the signing period through June 15 as penalties for exceeding their bonus pools in 2015-16 and the Padres are limited to $300,000 for going over in 2016-17.
We have also heard that Ohtani reportedly likes the pitch the Giants made of possibly playing the outfield as well as pitch.