The San Diego Padres and right-hander Nick Martinez have agreed on a four-year, $20 million contract, sources told ESPN's Jeff Passan.
Martinez's deal includes opt-outs after his first and second year.
Martinez, 31, spent the past four seasons in Japan and starred for the Fukuoka SoftBank Hawks this year, posting a 1.62 ERA. He previously played four seasons in the major leagues, all with the Texas Rangers from 2014-17, and went 17-30 with a 4.77 ERA.
Martinez also won a silver medal while playing for Team USA in the Tokyo Olympics.