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A's fail to sign Japan's Hisashi Iwakuma

Updated: December 6, 2010, 11:22 PM ET
Associated Press

OAKLAND, Calif. -- The Oakland Athletics failed to reach agreement on a contract with pitcher Hisashi Iwakuma during the allotted 30-day negotiating period that ended Monday, sending him back to his Japanese club.

It became apparent late last month the sides were far off in their negotiations and had all but ended discussions. The A's made the formal announcement Monday night.

Oakland won bidding rights to Iwakuma in early November and had 30 days to reach agreement on a contract. ...

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