UPDATE: A’s also in the mix for Hisashi Iwakuma, Rangers may have bid too low

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2:04 PM: More intrigue from Rosenthal. He tells us that the Athletics also submitted a bid for Iwakuma and that the Rangers’ bid may have actually been too low. According to Rosenthal, the A’s would like to add Iwakuma in order to acquire a hitter from their surplus of starting pitching.

1:15 PM: According to Ken Rosenthal of FOXSports.com, the Rangers may have the highest bid for Japanese right-hander Hisashi Iwakuma. Last night, a Japanese media report suggested that the Mariners were the front-runners.

While we still have no official word about who has the highest bid, Rosenthal confirms that the Rangers did indeed make a bid and writes that it’s possible other AL West clubs are involved. Stay tuned.

10:21 AM: Still no confirmation that the Mariners actually have the highest bid for Iwakuma, but Larry Stone of the Seattle Times tells us that the Golden Eagles have until next Thursday to decide whether to accept the winning bid. If they do, the MLB team can begin negotiations with Iwakuma.

Friday, 11:00 PM: Patrick Newman of NPB Tracker tweets that the bidding for Japanese right-hander Hisashi Iwakuma has closed, with more than one team submitting a bid. According to MLB Trade Rumors, a report from Sports Hochi says that the Mariners are supposedly in the lead with a bid of $13 million.

Iwakuma’s team, the Tohoku Rakuten Golden Eagles, were hoping for a posting fee around $16-17 million and they reserve the right to reject the winning bid.

Many consider Ikakuma to be the second best pitcher in Japan behind Yu Darvish. The 29-year-old right-hander has a 2.82 ERA and 153/36 K/BB ratio over 201 innings this season. He earned the Pacific League MVP when he went 21-4 with a 1.87 ERA in 2008 and turned some heads stateside by posting a 1.35 ERA and 15/6 K/BB ratio over four games (three starts) in the World Baseball Classic last year.

Blue Jays place Aaron Sanchez on 10-day disabled list

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The Blue Jays placed right-hander Aaron Sanchez on the 10-day disabled list with a contusion in his right index finger, per a team announcement on Saturday. The assignment is retroactive to Friday. In a corresponding move, righty Marcus Stroman was activated from the DL (right shoulder fatigue) and will take the mound for the Blue Jays at 9:07 PM ET tonight.

Sanchez, 25, is in his fifth season with the club. He hasn’t looked his sharpest so far this year, going 3-5 in 15 starts with a career-worst 4.52 ERA, 5.1 BB/9 and 7.6 SO/9 through 79 2/3 innings. It’s not yet clear how long he’ll be sidelined, though he could miss as little as one turn in the rotation before returning to the roster in the next week or two.

Sanchez isn’t the only struggling starter in Toronto’s rotation, either. Per MLB.com’s Gregor Chisholm, the team placed southpaw Jaime Garcia on the DL (right shoulder tenderness) as well, with lefty reliever Tim Mayza scheduled to take his spot on the roster. In 13 starts this season, Garcia carried a 2-6 record, 6.16 ERA, 4.5 BB/9 and 8.2 SO/9 over 61 1/3 innings. Any further decisions pertaining to the rotation — including Tuesday’s starter against the Astros — have yet to be publicly addressed.