The agreement was first reported Saturday by The Athletic, which also reported that Darvish can earn up to $150 million over the life of the contract.
Darvish had been one of the most coveted pitchers in this year’s free-agent market and also reportedly received a substantial offer last month from Chicago’s division rival, the Milwaukee Brewers. The Japanese right-hander also had been linked to the Rangers, Dodgers, Yankees, Twins and Astros this offseason.
Darvish was acquired by the Dodgers from Texas for three prospects just before last year’s trade deadline, supposedly the final piece needed to return a championship to baseball’s biggest-spending team.
But the 6-foot-5 right-hander only managed four outs in losing Game 7 to the Astros, becoming the second pitcher in World Series history with less than two innings pitched in two starts.
Darvish signed with Texas before the 2012 season and missed all of 2015 after elbow surgery. In 31 combined starts last season, he was 10-12 with a 3.86 ERA.