Yoshinobu Yamamoto was defeated by the New York Yankees on Thursday night.

According to ESPN’s Jeff Passan, Yamamoto and the Los Angeles Dodgers reached a 12-year, $325 million agreement, ending the Dodgers’ quest for the best pitcher available as a free agent.

The Dodgers have not made the agreement public yet.

Pitching coach Matt Blake, general manager Brian Cashman, and manager Aaron Boone attend the Yankees’ two meetings with Yamamoto during the free-agent process.

That, however, was insufficient to draw Yamamoto to the Bronx.

Yamamoto is the Dodgers’ third major off-season acquisition. Two-way phenom Shohei Ohtani cost the Dodgers $700 million over ten seasons, with $680 million being deferred until the end of the deal.

The other significant action involved a trade that included outfielder Manuel Margot and pitcher Tyler Glasnow of the Dodgers.

The Yankees will now focus on other free agent pitchers available on the market after acquiring slugger Juan Soto early in the season.

Yamamoto, who is only twenty-five years old, has already won three MVP awards in the Pacific League and three Sawamura trophies in a row, the latter of which is the Japanese Cy Young.

In the previous season, he led Orix to the Japan Series, going 16-6 with a 1.21 ERA and 169 strikeouts. While MLB scouts were present, he pitched his second no-hitter along the route.

Yamamoto’s record is 70-29. Although his fastball is in the mid-90s, hitters are most familiar with his variety of breaking pitches. Additionally, he won gold medals for Japan at the 2023 World Baseball Classic and the 2020 Tokyo Olympics.