The Yankees will receive $1 million from the Tohoku Rakuten Golden Eagles of the Pacific League. Matt Sosnick, Rasner's agent, said they approached the Yankees about the possibility of a deal.
"There's a lot more money to be made doing that for him at this point in his career," Sosnick said Sunday.
Rasner went 5-10 with a 5.40 ERA in 24 games and 20 starts for the Yankees last season. He is 9-15 with a 5.00 ERA in 41 games over four major league seasons.