Found November 11, 2012 on
The MLB has confirmed that the Dodgers won the bidding on the rights for Korean left-hander Hyun Jin Ryu, just as Mike Petriello said yesterday, despite ESPN refusing to credit him.
Since Scott Boras is his agent, Boras won’t care about the posting fee and will look to gouge the Dodgers for as much as possible, and his PR campaign has already started.
Dylan Hernandez spoke with him and the quotes by Boras gave insight into why I previously said this is just the start of things.
Ryu Hyun-jin could immediately be a No. 3 starter in a major league rotation, according to his agent.
“He’s ready to pitch in the big leagues right now,” Scott Boras said. “He’s not a developmental project.”
Translation: “He can help you from Opening Day, so pay him more money.”
“We have to strategically plan out his career,” Boras said.
Among the considerations: compensation and when Ryu can become a free agent.
Because Ryu is only 25, he could sign a shorter contract that would allow him to enter the free-agent market while still in the prime of his career. Or he could remain in Korea for two more seasons, after which he would be a free agent and wouldn’t be subjected to the posting system.
“Is it a good business decision to make the jump now or wait for free agency?” Boras asked.
Translation: “Here is our leverage angle, so pay him lots of money otherwise we’re taking our ball and going home.”
More Boras: “If he doesn’t sign, the posting fee will dramatically increase next year.”
— Dylan Hernandez (@dylanohernandez) November 10, 2012
Translation: “Here’s more leverage foundation! Plus a vague monetary threat!”
I’m not sure I understand this logic though, because technically he would lose leverage due to being a year closer to out-and-out free agency. But hey, he has to say whatever he can to give his client bargaining chips in a situation where he has little to none, especially given the Dodgers finances and rotation situation.
Ryu Hyun-jin wants to be a starter in the major leagues, according to Boras.
— Dylan Hernandez (@dylanohernandez) November 10, 2012
Translation: “He will throw a lot of innings, so pay him more money.”
This makes sense though, since he’s a starter and always has been.
I’ve observed people arguing over whether or not he’s a starter or a reliever, but I don’t see this as up for debate. Even if you think he has reliever stuff, as Keith Law does, nobody would be so dumb to drop $25.7 million on rights if they saw him as a situational lefty. He’ll start in the MLB if signed, and rightly so.
All in all, nothing out of the ordinary here, though I do have concerns that he wants #3 starter type money, as apparently those types feel they can demand six years and $90 million in this market.
BEST OF MAXIM
The Los Angeles Dodgers were the winning bidders for left handed pitcher Hyun-Jin Ryu. The Dodgers submitted a bid of $25.7 million which was accepted by the Hanwha Eagles. The Dodgers will have thirty days to work out a contract with Ryn.
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The Dodgers have won the rights to Korean lefty pitcher Hyun Jin Ryu with a bid of $25.7 million, according to Mike Petriello
Earlier today, I linked to a summary of thoughts on Hyun Jin Ryu, which ranged from perfering him as a reliever to comparisons to David Wells, though the latter was primarily on the basis of his body type.
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The Dodgers were rumored to be interested in Hyun-Jin Ryu, and that rumor turned out to be true. The team posted $25.7 million for the exclusive negotiating rights for the Korean lefty. The sides now have 30 days to agree to a major or minor-league deal.
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The Los Angeles Dodgers are the big winners in the bidding for South Korean pitcher Hyun-Jin Ryu, as was rumored last night. Los Angeles' winning bid was $25,737,737.33, the highest bid ever for a South Korean player. The 25-year old Ryu won a gold medal in the 2008 Olympics with South Korea, and was a member of their 2009 World Baseball Classic runner-up team.
The Los Angeles Dodgers and their new ownership have not been shy about spending money. Since the new group took over the team, they have spent a lot in international free agency and trades. Now, they have spent another $25.7 million just to negotiate a contract with Korean lefty Ryu Hyun-Jin.
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The Los Angeles Dodgers submitted the winning bid to negotiate with Korean pitching star Hyun-Jin Ryu, and now have 30 days to work out a deal for the left handed pitcher. The winning bid by the Dodgers was believed to have been for $25.7 million.
The bid was accepted by the Hanwha Eagles, who are Ryu’s current team. The Dodgers can either sign him within the next 30 days, or...
SEOUL, South Korea — The Los Angeles Dodgers have bid nearly $26 million for a chance to sign pitcher Ryu Hyun-jin.
The Hanwha Eagles of the Korea Baseball Organization said Saturday they have accepted a posting fee of $25.7 million for the 25-year-old left-hander. Major League Baseball later announced that the team was the Dodgers. The big league team that submitted the winning...
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