Dodgers lose out on Hisashi Iwakuma, who re-signs with the Seattle Mariners. Update.

Seattle Mariners general manager Jerry Dipoto announced tonight — at a company party, no less — that Hisashi Iwakuma will re-sign with the only major league team he’s ever pitched for:

The Dodgers and Iwakuma agreed to terms on a three-year contract that was pending a physical. Something changed after the Dodgers reviewed the physical, however, and the Mariners apparently wasted little time swooping in.

Iwakuma’s contract is guaranteed for one year, with vesting options for 2017 and 2018.

Update: The Dodgers lost yet another of their starting pitcher targets but still have time to get someone else.

Report: Dodgers ‘postpone’ Iwakuma signing following results of physical.

The Dodgers have ‘postponed’ their contract with pitcher Hisashi Iwakuma after reviewing the results of his physical, according to the Japanese news agency Asahi Shimbun.

It’s been more than a week (at least nine days to our knowledge) since Iwakuma and the Dodgers agreed to terms on a three-year, $45 million contract. The contract was believed to be contingent on just the physical, so it makes sense that the physical is the cause for the delay.

Meanwhile, the Dodgers are still active on the trade front:

Odorizzi, a 25-year-old right-hander, went 9-9 with a 3.35 ERA (118 ERA+) in 2015. He was eighth in the 2014 American League Rookie of the Year voting.

The two acquisitions aren’t mutually exclusive. In theory, the Dodgers could still find a way to sign Iwakuma and trade for Odorizzi.

The sequence could be important. If Odorizzi were to join a rotation that already includes Clayton Kershaw, Brett Anderson, Alex Wood, Hyun-Jin Ryu and, at some point late in 2016, Brandon McCarthy, it’s one less reason for the Dodgers to extend themselves to sign an injured pitcher.

Dodgers nab five minor leaguers at Rule 5 draft.

NASHVILLE — The Dodgers passed on their only pick at the major league portion of the Rule 5 draft Thursday, then selected five minor leaguers: Felipe Gonzalez, Julio Morban, Alexander Burgos, Logan Bawcom and Micah Gibbs.

The notable name is Bawcom, a pitcher whom the Dodgers drafted in 2010 out of UT-Arlington and later packaged to Seattle in the Brandon League trade. The 27-year-old right-hander spent the past two seasons with the Mariners’ Triple-A affiliate.

As executives filed out of the Gaylord Opryland Hotel on Thursday, the Dodgers officially leave having made one other transaction: a one-year contract with second baseman Chase Utley.

Other than a proposed trade for Aroldis Chapman that was placed on the back burner under bizarre circumstances, it was a fairly quiet Winter Meetings. The Dodgers’ 3-year contract with pitcher Hisashi Iwakuma is pending a physical and could be announced in the next 48 hours.

Report: Hisashi Iwakuma to sign for three years, $45 million.

The Dodgers and free agent pitcher Hisashi Iwakuma were still discussing financial terms of a potential deal Sunday night. Monday morning, Jon Heyman of CBSsports.com reported that the total package could be worth $45 million:

At $15 million a year, that’s a much more affordable contract than the one Zack Greinke signed with the Diamondbacks, or the one Jeff Samardzija signed with the Giants. The Dodgers pursued both pitchers before ultimately falling short.
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Dodgers pursuing Hisashi Iwakuma; contract reportedly done, not done. Update.

Hisashi Iwakuma

Pitcher Hisashi Iwakuma went 9-5 with a 3.54 earned-run average in 2015 for the Seattle Mariners. He turns 35 in April. (Getty Images)

NASHVILLE — The Dodgers are reportedly the front-runners to sign right-handed pitcher Hisashi Iwakuma, though reports were conflicted Sunday night as to how close the two sides were to a contract.

Update (6:45 p.m. PT): Jon Heyman of CBSsports.com is reporting that the Dodgers and Iwakuma have agreed to a three-year contract:

Continue reading “Dodgers pursuing Hisashi Iwakuma; contract reportedly done, not done. Update.” »