Athletics To Sign Hiroyuki Nakajima

5:05pm: Nakajima receives a two-year deal worth $6.5MM and a club option for a third year at $5.5MM, according to Susan Slusser of the San Francisco Chronicle. The deal contains "numerous incentives and escalators," according to Slusser (Twitter links).

4:45pm: The Athletics have agreed to sign shortstop Hiroyuki Nakajima, Jon Heyman of reports (on Twitter). Ken Rosenthal and Jon Paul Morosi of FOX Sports first reported the sides were nearing a deal (Twitter links). Nakajima, a free agent, also had offers to return to Japan, according to the FOX Sports writers. The A's have announced that a news conference will take place tomorrow.

When Nakajima was available via the posting system last winter, the Yankees submitted the winning bid. However, the sides did not reach a deal, and instead Nakajima returned to the Seibu Lions on a one-year, $3.64MM contract.

Nakajima, 30, posted a .311/.382/.451 batting line for the Lions in 2012. The right-handed hitter has a similar career mark of .310/.381/.474. He'll replace Stephen Drew as the Athletics' starting shortstop in 2013. Drew recently agreed to terms with the Red Sox on a one-year contract.

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