Masahiro Tanaka finally appears to be on his way to the Major Leagues.

The Japanese right-hander's Nippon Professional Baseball club, the Rakuten Golden Eagles, reportedly revealed late Tuesday night that it will make him available to MLB teams through the posting system. Rakuten president Yozo Tachibana announced the decision, according to Dylan Hernandez of the Los Angeles Times.

Tanaka, who went 24-0 with a 1.27 ERA and led the Golden Eagles to the Japan Series title, is expected to set off a feeding frenzy. The right-hander has also starred in the World Baseball Classic, and he's gone 99-35 with a 2.30 ERA in seven seasons in Japan.

The news of his posting brought an end to a long saga that had taken up much of the offseason and forced interested clubs to wait for a resolution. First, MLB and NPB had to work out an agreement on a new system. Now, with the new rules, posting bids cannot exceed $20 million, which may widen the field of suitors for Tanaka. If multiple teams submit the maximum bid, which appears almost certain, all would have the chance to negotiate a deal with Tanaka.

Once the new system was agreed upon, there was a question of whether Rakuten would agree to let Tanaka go, since it likely would receive less money in the deal than it would have under the old rules.

Two years ago, Texas won the rights to negotiate with Yu Darvish by posting a bid worth $51.7 million. Without being posted, Tanaka wouldn't become a free agent outside of Japan until after the 2015 season, so the Golden Eagles could have elected to keep him for the upcoming season.