Center fielder Jung Hoo Lee and the San Francisco Giants agreed Tuesday on a six-year, $113 million contract, sources told ESPN, the biggest outlay for an Asian-born hitter coming to Major League Baseball and a vital signing for a Giants team that had reeled in recent years from free agent travails.

Lee is a longtime star in the Korean Baseball Organization (KBO), regarded as royalty with father, Jong Beom Lee, regarded as the best all-around player in the KBO in the 1990s. Nicknamed "Grandson of the Wind" -- his father was called "Son of the Wind" -- Lee's guarantee exceeds the $90 million the Boston Red Sox gave Masataka Yoshida last year and includes an opt-out after the fourth season.

The New York Post was first to report the news.