“We unfortunately could not come to an agreement with Hiroyuki," said GM Brian Cashman in a statement. "We wish him the best of luck during the upcoming 2012 season.”
Earlier this week we heard that the two sides were unlikely to come to an agreement before tomorrow's 4pm CT deadline. The Yankees viewed Nakajima as a bench player and intended to pay him like one, and Jack Curry of the YES Network says (on Twitter) they offered him a one-year deal, nothing more. The 29-year-old hit .297/.354/.433 with 16 home runs and 27 doubles in 633 plate appearances for the Seibu Lions in 2011. Legacy Sports represents him in the U.S.
The Yankees do not have to pay the posting fee since no agreement was reached. Nakajima will return to Japan for another season, then become an international free agent next offseason.