KBO Official Says League Is Mulling Abolishing Salary Cap On Foreign Players
Korea Baseball Organization Secretary General Yang Hae-young said that general managers in the top domestic baseball league "are considering abolishing the salary cap imposed on foreign players" after a series of offseason transactions raised questions about the rule's effectiveness, according to YONHAP. Yang said that general managers of the 10 clubs agreed "in principle" to get rid of the current cap of $300,000 during their meeting this week. Yang insisted, however, that no immediate change is forthcoming. Yang said, "The officials will try to come up with a series of alternatives, such as introducing a foreign player tryout or increasing the salary cap. We will all discuss them at a separate meeting [of the general managers] early next month." According to the KBO, the general managers "agreed that they should be more transparent about their foreign player contracts." Another potential alternative that was discussed "was to bring back the open tryout for foreign players" (YONHAP, 12/20).