The BayStars will announce on Monday whether they will offer left- hander Takumi Nasuno along with other players or Nasuno with a monetary compensation as part of the deal.
Yokohama also will be hoping to lure Nippon Ham Fighters slugger Terrmel Sledge to the club as he finishes a two-year deal with the Pacific League champion and is unlikely to return next year.
The BayStars are also considering the acquisition of Lotte catcher Tasuku Hashimoto, who appears likely to declare himself a free agent, according to the sources.
The moves are all part of the team's plan to beef up the BayStars' roster with an aim of leading them out of last place. Yomiuri Giants pitching coach Takao Obana is set to be offered the manager's post.
Shimizu figures to make 280 million yen in the second year of his contract next year -- up 40 million yen from this season.
It is unusual to have multiyear deal in trade but the BayStars have agreed to pick up Shimizu's salary as they are desperately trying to add depth to their starting rotation. Shimizu went 6-7 with a 4.42 ERA in 23 games this past season.