HOUSTON (AP) — Right-hander Tatsuya Imai and the Houston Astros finalized their $54 million, three-year contract on Friday.
Houston opened a roster spot by designating right-hander Kaleb Ort for assignment.
Imai gets a $2 million signing bonus and salaries of $16 million this year and $18 million in each of the next two seasons.
Based on his 2026 performance, his 2027 salary would escalate by $2 million each for 80, 90 and 100 innings, and his 2028 salary by $1 million for each level.
If he doesn’t pitch 80 innings in 2026 and does in 2027, his 2028 salary would rise by $1 million. If he doesn’t pitch 90 innings in 2026 and does in 2027, his 2028 salary would increase by another $1 million. And if he doesn’t pitch 100 innings in 2026 and does in 2027, his 2028 salary also would increase by another $1 million.
Imai can opt out after the 2026 and 2027 seasons.
Imai receives the third-highest average annual value for a Japanese pitcher entering Major League Baseball behind Yoshinobu Yamamoto’s $27.08 million with the Los Angeles Dodgers in a deal that started in 2024 and Masahiro Tanaka’s $22.14 million with the New York Yankees in a contract that ran from 2014-20.
A 27-year-old righty, Imai went 10-5 with a 1.92 ERA last season for the Pacific League’s Seibu Lions. He struck out 178 batters in 163 2/3 innings.
Imai is 58-45 with a 3.15 ERA in eight seasons with Seibu, with 907 strikeouts in 963 2/3 innings. He is a three-time All-Star.
Imai pitched eight innings of a combined no-hitter against Fukuoka on April 18. He struck out 17 against Yokohama on June 17, breaking Daisuke Matsuzaka’s previous team record of 16 from 2004.
Under MLB’s posting agreement with Nippon Professional Baseball, Seibu will get a posting fee of $9.675 million from the Astros and a supplemental fee of 15% of any earned bonuses, salary escalators and exercised options.
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FILE - Tatsuya Imai wears Seibu Lions' jersey during a news conference in Tokorozawa, Saitama prefecture, Japan, on Dec. 9, 2016. (Kyodo News via AP, File)
NEW YORK (AP) — Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a row.
Tesla said that it delivered 1.64 million vehicles in 2025, down 9% from a year earlier.
Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker.
It's a stunning reversal for a car company whose rise once seemed unstoppable as it overtook traditional automakers with far more resources and helped make Musk the world's richest man. The sales drop came despite President Donald Trump's marketing effort early last year when he called a press conference to praise Musk as a “patriot” in front of Teslas lined up on the White House driveway, then announced he would be buying one, bucking presidential precedent to not endorse private company products.
For the fourth quarter, Tesla sales totaled 418,227, falling short of even the much reduced 440,000 target that analysts recently polled by FactSet had expected. Sales were hit hard by the expiration of a $7,500 tax credit for electric vehicle purchases that was phased out by the Trump administration at the end of September.
Tesla stock fell 2.6% to $438.07 on Friday.
Even with multiple issues buffeting the company, investors are betting that Tesla CEO Musk can deliver on his ambitions to make Tesla a leader in robotaxi services and get consumers to embrace humanoid robots that can perform basic tasks in homes and offices. Reflecting that optimism, the stock finished 2025 with a gain of approximately 11%.
The latest quarter was the first with sales of stripped-down versions of the Model Y and Model 3 that Musk unveiled in early October as part of an effort to revive sales. The new Model Y costs just under $40,000 while customers can buy the cheaper Model 3 for under $37,000. Those versions are expected to help Tesla compete with Chinese models in Europe and Asia.
For fourth-quarter earnings coming out in late January, analysts are expecting the company to post a 3% drop in sales and a nearly 40% drop in earnings per share, according to FactSet. Analysts expect the downward trend in sales and profits to eventually reverse itself as 2026 rolls along.
Musk said earlier last year that a “major rebound” in sales was underway, but investors were unruffled when that didn't pan out, choosing instead to focus on Musk's pivot to different parts of business. He has has been saying the future of the company lies with its driverless robotaxis service, its energy storage business and building robots for the home and factory — and much less with car sales.
Tesla started rolling out its robotaxi service in Austin in June, first with safety monitors in the cars to take over in case of trouble, then testing without them. The company hopes to roll out the service in several cities this year.
To do that successfully, it needs to take on rival Waymo, which has been operating autonomous taxis for years and has far more customers. It also will also have to contend with regulatory challenges. The company is under several federal safety investigations and other probes. In California, Tesla is at risk of temporarily losing its license to sell cars in the state after a judge there ruled it had misled customers about their safety.
“Regulatory is going to be a big issue,” said Wedbush Securities analyst Dan Ives, a well-known bull on the stock. “We're dealing with people's lives.”
Still, Ives said he expects Tesla's autonomous offerings will soon overcome any setbacks.
Musk has said he hopes software updates to his cars will enable hundreds of thousands of Tesla vehicles to operate autonomously with zero human intervention by the end of this year. The company is also planning to begin production of its AI-powered Cybercab with no steering wheel or pedals in 2026.
To keep Musk focused on the company, Tesla’s directors awarded Musk a potentially enormous new pay package that shareholders backed at the annual meeting in November.
Musk scored another huge windfall two weeks ago when the Delaware Supreme Court reversed a decision that deprived him of a $55 billion pay package that Tesla doled out in 2018.
This story has been corrected to show that BYD sold 2.26 million vehicles last year, not 2.26.
AP video journalist Mustakim Hasnath contributed to this report from London.
FILE - The Tesla logo is displayed at a Tesla dealership Thursday, Mar. 13, 2025, in Miami. (AP Photo/Lynne Sladky, File)
