FOX Sports Exclusive
Sources: Cubs sign Japanese closer
The Chicago Cubs landed a new closer on Saturday, signing Japanese free-agent right-hander Kyuji Fujikawa to a two-year, $9.5 million contract, according to major-league sources.
Fujikawa, 32, agreed to a two-year contract with a vesting option for a third season, sources said.
Fujikawa spent 12 seasons with the Hanshin Tigers, recording 220 saves, 1.77 ERA and strikeout-to-walk ratio of better than 4-to-1.
He was 2-2 for Hanshin last season with a 1.32 ERA in 47 2/3 innings. He missed time with an adductor strain, and hasn't thrown 70 innings in a season since 2007.
Fujikawa will receive a signing bonus of $1 million and $4 million salaries in 2013 and '14. His vesting option will be valued at $5.5 million or $6 million based on games finished.
If his option does not vest, the Cubs will hold a club option at $5.5 million with a $500,000 buyout.
Rival executives involved in the bidding said early Saturday that they expected Fujikawa to sign with the Los Angeles Angels.
More Stories From Ken Rosenthal