Ryu signed an eight-year, $12.4 million contract Wednesday with the Hanwha Eagles of the Korea Baseball Organization, Jee-ho Yoo of the Yonhap News Agency reports.
Ryu will turn 37 years old in March, and after signing a long-term deal overseas, his time in the majors is almost assuredly over. Assuming Ryu's deal doesn't contain an early out clause that would allow him to explore opportunities in North America, he'll finish his MLB career with a 3.27 ERA and 1.18 WHIP across 11 seasons spent with the Dodgers and Blue Jays.