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Red Sox bid on Tsuyoshi Nishioka falls short

11.26.10 at 1:56 pm ET

According to a baseball source, the Red Sox placed a posting bid for Japanese shortstop Tsuyoshi Nishioka in the mid-$2 million range. However, the Sox were outbid by the Twins, who won the right to negotiate with the 26-year-old switch-hitter with a bid that was described by the Minneapolis Star-Tribune as $5 million and that Ken Rosenthal of FoxSports.com suggested (via Twitter) was “about $5.3 million.

The Twins’ bid will entitle them to have exclusive negotiating rights to Nishioka for 30 days. If they reach a contract agreement with the Japanese star, they will pay the Chiba Lotte Marines the posting fee that they bid. If they fail to reach an agreement with him, the Twins will owe the Marines nothing.

Nishioka hit .346 with a .423 OBP, .905 OPS, 206 hits and 121 runs for Chiba Lotte in 2010.

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