Menu
People and Pop Culture

L.A. Dodgers Sign South Korean Pitcher Ryu Hyun-Jin To Seven-Year, $36M Deal

Left-handed pitcher RYU HYUN-JIN signed a six-year deal with the L.A. Dodgers, becoming the first Korean baseball player "to move directly from the Korea Baseball Organization to MLB," according to Moon Gwang-lip of the KOREA JOONGANG DAILY. The "deal for the seven-year veteran of the Hanhwa Eagles is worth $36M including a $5M signing bonus, making him the third-highest paid foreign pitcher in MLB acquired through the posting system, behind YU DARVISH and DAISUKE MATSUZAKA." The signing "was finalized with less than one minute before the deadline" (KOREA JOONGANG DAILY, 12/11). In Seoul, Kang Seung-woo wrote under his contract, if Ryu "pitches 750 or more innings over the first five years of the contract, he can opt out of the sixth year." He can also "make up to $1M a year in performance bonuses relating to innings pitched." During negotiations, Ryu’s agent SCOTT BORAS "projected his client as a No. 3 starter, but the pitcher is likely to fill the fourth spot on the rotation behind two Cy Young Award winners CLAYTON KERSHAW and ZACK GREINKE and JOSH BECKETT" (KOREA TIMES, 12/10). YONHAP reported "with this signing, the Eagles will take the $25.7M bid as a transfer fee for Ryu." Had Ryu "failed to sign a deal by the deadline, he would have been forced to return to the Eagles for '13 and would not have been eligible for posting until November next year." The contract talks between the Dodgers and Ryu "appeared to have hit a snag last week." The Dodgers had said that "Ryu once rejected their offer of a long-term contract." Boras "pressured the Dodgers that Ryu could play in Japan in '13 and test free agency later without going through posting" (YONHAP, 12/10).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/12/11/People-and-Pop-Culture/Ryu-Hyun-jin.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/12/11/People-and-Pop-Culture/Ryu-Hyun-jin.aspx

CLOSE