Originally written on NESN.com  |  Last updated 10/30/14
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 bid was not revealed. The Chicago Cub and Texas Rangers were also among the clubs thought to be interested in Ryu. Los Angeles now has 30 days to negotiate a minor league or major league contract with Ryu, who was 98-52 with a 2.80 career ERA during seven seasons in South Korea. He pitched for his country on teams that won a gold medal at the Beijing Olympics in 2008 and reached the championship game of the 2009 World Baseball Classic. The $25.7 million fee will be paid to the Eagles only if Ryu signs with the major league team. The posting system brought Japanese stars Yu Darvish, Ichiro Suzuki and Daisuke Matsuzaka to the majors. Last winter, the Rangers gave Darvish a six-year contract guaranteeing him $56 million after submitting a record $51,703,411 posting bid to his former team, the Hokkaido Nippon Ham Fighters.
MORE FROM YARDBARKER

FSU’s Egan reported Williams girlfriend's Facebook to cops

Cowboys VP: Tony Romo “very questionable” for Week 9

Report: Warriors sign Klay Thompson to $70M extension

Cubs oust manager Renteria, setting stage for Maddon

Officially official: Michigan's Dave Brandon has resigned

RG3 won't 'try to be a normal quarterback' on Sunday

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Dez Bryant, Joseph Randle reportedly argue before practice

DeAngelo Hall re-tore Achilles tendon while making pizza

Madison Bumgarner was once roommates with Russell Wilson

Report: Dave Brandon to resign as Michigan's Athletic Director

Wild's Vanek linked to alleged money laundering scheme

Jets fans start 'Fire John Idzik' website

Carlos Boozer shows up to arena in Halloween costume

Auburn at Ole Miss: Five things you need to know

WATCH: Goran Dragic punks Suns teammates with baby dino

WATCH: Johnny Manziel cusses out referees at Cavs opener

Dirk Nowitzki, Monta Ellis, Chandler Parsons are 'Run DMC'

Analysis: Alex Gordon wouldn't have scored on Game 7 error

Game of the week: Broncos vs. Patriots

November games that will shape the College Football Playoff

WATCH: Flyers equip. manager pulls prank with fake snake

Simi Valley team recreates Sandlot photo for Halloween

Ranking the Top 10 quarterbacks in the NFL

WATCH: Vanilla Ice rocked the halftime show at T'Wolves game

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Game of the week: Broncos vs. Patriots

Baseball team recreates Sandlot pic

Top 10 QBs in the NFL

McDonald unlikely to face D.V. charge

Welker feels like 'weak link' in offense

Cavs intro for LeBron was wild

Greg Hardy won't play this season

Michael Jordan rips Obama's golf game

Torii Hunter in radio ad opposing gay marriage

Curt Schilling praises Bumgarner

GALLERY: Best of sports pumpkins

Top storyline for each Week 9 game

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.