In a Tweet by Jason Coskrey of the Japan Times, he says that Hisashi Iwakuma has re-signed with Rakuten for 300 million Yen (approximately $3.6198 USD) with a possibility for performance incentives.

On November 8, the Oakland Athletics won the exclusive rights to negotiate with Iwakuma by bidding approximately $19.1 million in a posting fee.  However the sides could not come to an agreement regarding a contract. Despite the unfortunate fall out of the negotiations, the A’s have made it clear to Iwakuma, according to the San Francisco Chronicle’s Susan Slusser, that they will have interest in him next year when he’s a free agent.

Iwakuma posted a 2.82 ERA over 201 innings this past season. That accomplishment marked Iwakuma’s fourth straight season with an ERA of 3.40 or lower.