According to a number of reports, the Rakuten Eagles have agreed to terms with Casey McGehee (30) and are awaiting results for his physical before making it official. According to unnamed MLB sources, his deal is likely worth around 1.5 million US dollars.
While the Yomiuri Giants were thought to be the front-runners, the Eagles may have been able to win McGehee over with more playing time and money. Rakuten is most likely hoping he can fill their hole at first base and will probably bat him fifth, immediately behind Andruw Jones.
UPDATE @ 8:10pm - According to Nikkan Sports, McGehee was literally a signature away from joining the Yomiuri Giants -- terms were agreed to and he had passed his physical. In the end, it seems money was not the issue, since the Giants were also reportedly offering him more than the Eagles. What the Giants could not promise that may have ultimately driven McGehee away to Rakuten, may have been their track-record of shuffling foreign players between Ichi-gun and Ni-gun fairly frequently. Source: Nikkan Sports 12/21/2012