Dodgers lose out on Masahiro Tanaka to the New York Yankees

The Dodgers learned Wednesday morning they wouldn’t be adding Masahiro Tanaka to their rotation.

Tanaka has agreed to a seven-year, $155-million contract with the New York Yankees, according to FoxSports.com. The value of the contract is believed to be considerably more than what the Dodgers offered the Japanese right-hander.

General Manager Ned Colletti wouldn’t say how much the Dodgers offered Tanaka.

Colletti confirmed Dodgers officials met with Tanaka when he visited Los Angeles this month.

“We went as far as we thought we could go,” Colletti said.

Over the last couple of months, Dodgers officials said the team would pursue Tanaka but wouldn’t break the bank to land him. With Clayton Kershaw, Zack Greinke and Hyun-Jin Ryu on their roster, the Dodgers already had one of the best rotations in baseball.

The Yankees were far more desperate for a front-line pitcher.

The Dodgers could add another starting pitcher before the start of the season, but Colletti doesn’t view it as a high priority.

“I think we’re fine either way,” he said.

Colletti said he has received calls from the agents of free-agent pitchers.

“We’re listening,” Colletti said.

Considering how much the Dodgers have talked about rebuilding their farm system, they figure to stay away from free-agent pitchers who would cost them a first-round pick to sign. That probably rules out landing the likes of Ubaldo Jimenez and Ervin Santana.