Shinnosuke Ogasawara

Left-hander Shinnosuke Ogasawara has been officially posted by the Chunichi Dragons of Japan’s Nippon Professional Baseball, per reporter Francys Romero (X link). That opens up a 45-day window for his representatives at William Morris Endeavor to negotiate with major league clubs. If no deal is reached in that time, the southpaw will return to the Dragons for 2025.

It was reported back in October that the Dragons would make Ogasawara available via the posting system and that has now been rubber-stamped. The 30 MLB clubs can now officially speak to his representatives and see what sort of contract will be necessary to get him to put pen to paper.

While Ogasawara should generate interest, he’s clearly not exciting as Roki Sasaki, who has also been posted for clubs this offseason. However, Ogasawara likely has more earning power than Sasaki due to the binary nature of MLB international signing rules.

Players need to be 25 years old and have six seasons of experience in a foreign professional league in order to be considered “professionals” and have the right to freely negotiate a contract of any size and length. Players who don’t meet those criteria are considered “amateurs” and are therefore subject to the international bonus pool system, where each club gets $5-8MM annually to spend on such players. Sasaki is only 23 years old and will therefore be limited to a minor league deal with a signing bonus of a few million bucks. Ogasawara, on the other hand, is 27 years old and has appeared in parts of 9 NPB seasons. That means he has the freedom to fully assess his earning power and market himself to the highest bidder.

How much interest North American clubs will have in him is unknown. Ogasawara has had some success, but not as much as some other pitchers that have recently come over like Yoshinobu Yamamoto or Shota Imanaga. He has thrown 951 1/3 innings over his NPB career,  though striking out just 18.9% of batters faced. For context, MLB average is usually in the 22-23% range these days. He did get his strikeout rate up to 24% in 2022 but it dropped to 20.1% last year and then all the way to 13.6% in 2024.

The lack of punchouts hasn’t stopped him from succeeding in Japan, as he has a 3.62 earned run average over his career and had a 3.12 ERA in the season that just finished, though MLB clubs might wonder if the same pitch-to-contact approach could carry over to North American ball.

Ogasawara is also on the smaller side for a starting pitcher, listed at 5’11” and 183 pounds. That’s actually slightly larger than the 5’10” and 175 pounds listed for Imanaga, so it’s not a total disqualification, but Imanaga managed to strike out 25% of batters faced in his NPB career.

Though even if Ogasawara is a notch below Imanaga, he could still generate interest. Youth is clearly an attractive quality which is why guys like Yamamoto, Jung Hoo Lee and Juan Soto have been paid so well, so the fact that Ogasawara just turned 27 in October will work in his favor. The recent downturn in strikeouts is a bit concerning but he also lowered his walk rate to a tiny 3.7% rate in 2024 and the ERA was still good.

It’s difficult to forecast a contract for a player coming from another league like Ogasawara but MLBTR predicted after the start of the offseason that he could land a two-year, $12MM deal. Perhaps he could benefit from the fact that the market for mid-rotation starters has been quite strong so far this winter. Each of Luis Severino, Yusei Kikuchi, Frankie Montas, Matthew Boyd and Clay Holmes have earned larger guaranteed than projected in recent weeks, which could perhaps trickle down to Ogasawara.

The lefty and his team will have more than a month to feel out the market and gauge interest. For clubs still looking to add in the rotation but who don’t want to pay for top names like Corbin Burnes, Max Fried or Jack Flaherty, Ogasawara will be part of a mid-rotation or back-end group that still includes Sean Manaea, Nathan Eovaldi, Jeff Hoffman, Nick Pivetta, Andrew Heaney, Jose Quintana, Max Scherzer, Justin Verlander and others.

The Chunichi Dragons of Japan’s Nippon Professional Baseball have granted left-hander Shinnosuke Ogasawara’s request to be posted for MLB teams, per a report from Yahoo Japan. He’ll be available to big league clubs in free agency this winter and is being represented by WME. A formal date for his posting has not yet been determined, but he’ll have 45 days to negotiate with MLB clubs once posted. If no deal is reached, Ogasawara will return to the Dragons for the 2025 season.

Ogasawara just turned 27 years old earlier this month. He’s already a veteran of parts of nine NPB seasons, having made his Central League debut as an 18-year-old back in 2016. Listed at 5’11” and 183 pounds, he’s of slighter frame than the typical big league starter but has started at least 23 games and topped 140 innings in each of the past four seasons. That includes a career-high 160 2/3 innings with the Dragons in 2023.

This past season, Ogasawara tossed 144 1/3 innings and notched a solid 3.12 ERA with an outstanding 3.7% walk rate — the best mark of his career. Unfortunately, that pinpoint command came with a career-worst 13.6% strikeout rate that will limit Ogasawara’s appeal. To his credit, Ogasawara has missed far more bats in the past, punching out 24% of opponents as recently as 2022 and fanning 20.1% of opponents in 2023. In both instances, he had higher but nevertheless strong walk rates (6.7% and 6.1%, respectively).

Video of Ogasawara reveals a pitcher who sits in the 91-93 mph range with his four-seamer, complementing the pitch with a low-80s changeup and a slow knuckle curve that sits in the low 70s. Neither Ogasawara’s frame nor velocity stand out, but both are relatively comparable to those of 5’10”, 175-pound Cubs lefty Shota Imanaga. Ogasawara’s camp may try to make that comparison, but Imanaga consistently posted lower earned run averages and far superior strikeout rates in NPB (29.5% in his final season with the BayStars). That said, Ogasawara is three years younger than Imanaga was at the time of posting. A multi-year deal seems plausible, though likely not at the same levels as Imanaga’s $53MM guarantee (which can grow to $79MM based on club/player options).

For those in need of a reminder or an introduction to the NPB/MLB posting system, NPB clubs are allowed to “post” players for MLB teams to bid on prior to those players reaching free agency for the first time (nine years of service, under NPB rules). Any major league team can negotiate with the player and his representatives to negotiate a contract for any amount — provided the player is at least 25 years old and has at least six seasons of professional experience. (Players under 25 and/or with fewer than six years of experience are deemed “amateurs” by MLB and restricted to minor league deals and hard-capped signing bonuses.)

The posting window lasts 45 days but can reach a conclusion earlier, depending on when the player in question strikes a deal to his liking. In addition to paying the player the agreed-upon guarantees in the contract, the MLB team will also be on the hook for a release fee to the player’s former team. That fee is equal to 20% of the contract’s first $25MM, 17.5% of the next $25MM and 15% of any dollars thereafter. Contractual factors like club options, incentives based on innings/plate appearances, awards bonuses, etc. are all subject to being included in the release fee as well, once those earnings are unlocked.