Update #2 (9:45 PM EST): It’s a three-year deal, per Jon Heyman of CBS Sports.
Update (8:19 PM EST): Joel Sherman of the New York Post is reporting that the two sides aren’t in agreement yet, but it is believed that the two sides will indeed reach an agreement.
Jim Bowden of ESPN and Sirius XM is reporting that the Dodgers and starter Hisashi Iwakuma have come to an agreement on a contract. There was a run on starting pitching in free agency and the Dodgers came up empty — watching Zack Greinke sign with the division rival Diamondbacks — so they reportedly pushed for Iwakuma on Saturday night and reached a conclusion on Sunday.
The Mariners and Giants were both reportedly in the mix for Iwakuma. The right-hander declined the Mariners’ $15.8 million qualifying offer, which means the Mariners will get draft pick compensation and the Dodgers will forfeit their first-round draft pick. They will, however, get two picks back as Greinke and Howie Hendrick each declined the club’s $15.8 million qualifying offers.
Iwakuma suffered a strained lat muscle during the first half of this past season, and he made only 20 starts as a result. He posted a 3.54 ERA with a 1.064 WHIP and a 111/21 K/BB ratio over 129 2/3 innings.
Details of the contract are not yet known but we will pass them along as soon as they are made available.