Takehiko Orimo and Ryota Sakurai will move to the Rera Kamuy Hokkaido of the Japan Basketball Association-led new league, the club announced Friday.
Both Orimo and Sakurai failed to re-sign with their former club Toyota Alvark after last season and were put on the league's players transfer list on May 1.
Orimo, a 37-year-old guard/forward, is considered one of the best players of all time in Japan.
He helped Toyota, the team he has played on since the early 1990s, win three JBL Super League championships and won the MVP award in the 2001-02 season.
Orimo, a sharp shooter who has played twice in the FIBA World Championship (1998, 2006), is now on the provisional national team for this summer's Asian qualifier for next year's Beijing Olympics in Tokushima, along with a 24-year-old guard Sakurai, who established a name for himself during last year's world championship in Japan.
Rera Kamuy, one of the two new franchises in the new league, will hold a news conference with the two newly acquired players in Sapporo on Monday.
The league begins this fall after transforming its structure from the Japan Basketball League.