SUNDAY, 10:00pm: Iwakuma's agent Don Nomura tweeted about the Athletics winning the bidding, it appears.
SATURDAY, 1:48pm: Rosenthal writes that the A's "are believed to have made a strong push" for Iwakuma. He speculates that if the Brewers are willing to part with Casey McGehee, they could potentially match up for a trade with Oakland given their need for pitching.
1:07pm: Rosenthal says that the Athletics also bid on Iwakuma (Twitter link) with the idea trading one of the excess starters for a bat if they landed him. The FoxSports.com scribe adds that the Rangers may have bid too low.
12:11pm: FoxSports.com's Ken Rosenthal tweets that the Rangers may be the high bidder for Japanese righty Hisashi Iwakuma. Last night we heard that the Mariners were the favorite to land him. In a second tweet, Rosenthal says that Texas definitely submitted a bid, but there's no guarantee that the Rakuten Golden Eagles will accept the high bid. They were seeking $16MM-17MM in the posting process.
The Rangers had tremendous success bringing Colby Lewis over from Japan last year, so it makes sense that they'd explore that avenue again. Iwakuma is widely considered to be the second best starting pitcher in Japan behind Yu Darvish.
The bidding closed last night, and reports out of Japan indicated that Seattle submitted a bid of $13MM. Iwakuma was also said to prefer the West Coast.