Hisashi Iwakuma Re-Signs With Rakuten

Hisashi Iwakuma has re-signed with the Rakuten Golden Eagles for approximately $3.6MM, tweets Jason Coskrey of The Japan Times. He adds that the right-hander seems unwilling to discuss a move to MLB until he qualifies for international free agency, which will be after the 2011 season.

Iwakuma, 29, and the Athletics failed to reach an agreement on a contract after Oakland was the high bidder for his negotiating rights. The player was said to be seeking $12MM per season, but the A's were thinking along the lines of $3-5MM per season. Because no deal was reached, Rakuten did not receive the $19.1MM posting fee. Since Iwakuma will be a free agent next year, the team won't get any posting money then either.

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