Former first-round pick who dominated in KBO drawing interest from MLB clubs

Right-hander Erick Fedde is drawing interest from major league clubs after spending 2023 with the NC Dinos of the Korea Baseball Organization, reports Jon Heyman of The New York Post.

Fedde, 31 in February, was once a highly-touted prospect, with the Nationals selecting him 18th overall in the 2014 draft. But he didn’t find much success in the big leagues, making 102 appearances for the Nats from 2017 to 2022 with a 5.41 earned run average.

As mentioned, he joined the Dinos this past year and the move to Korea could hardly have gone better for him. He threw 180 1/3 innings over his 30 starts with his ERA finishing at an even 2.00. He struck out 29.5% of batters faced while walking just 4.9% and also kept the ball on the ground at an incredible 70% clip. For reference, the MLB ground ball rate was 42.5% in 2023. The overall results were strong enough for him to win the Choi Dong-won Award, which is given to the best starting pitcher in the league each year, making it roughly the KBO equivalent of the Cy Young.

That figures to make Fedde an interesting wild card entry into the free agent pitching market this offseason, with MLBTR having given him an honorable mention in our recent Top 50 Free Agents post. The results for North American pitchers returning from a stint in Korea are mixed, with some recent examples ranging from Merrill Kelly to Chris Flexen to Josh Lindblom. Kelly has made 127 starts for the Diamondbacks over the past five years with a 3.80 ERA. Lindblom had great results in Korea but posted a 6.39 ERA in his 20 appearances for the Brewers. Flexen had a 3.66 ERA for the Mariners over 2021 and 2022 but was torched for an ERA of 6.86 in 2023.

Each pitcher is unique and precedent can only tell us so much about Fedde as an individual. Given his excellent 2023 campaign and status as a former top prospect, he should garner plenty of interest, particularly from the clubs priced out of the top of the market. Pitchers like Yoshinobu Yamamoto, Blake Snell, Aaron Nola and Jordan Montgomery seem positioned for nine-figure guarantees while sizeable eight-figure deals should be attainable by guys like Sonny Gray, Eduardo Rodriguez and Shota Imanaga.

Kelly got a two-year, $5.5M deal from Arizona going into 2019. A year later, Lindblom got $9.125M plus incentives over three years from the Brewers. Flexen got $4.75M over two years from the Mariners prior to 2021, plus a vesting option for 2023. Fedde may be able to top those figures through a combination of his superb season, his former prospect pedigree and inflation, but the guarantee still figures to be lighter than the top available arms.