"Isn't that too expensive?" The other teams were also surprised. Why Hanwha was at the center of the soaring market price.

Nov 08, 2024

'Isn't that too expensive?' The other teams were also surprised. Why Hanwha was at the center of the soaring market price.
Eom Sang-baek who signed a contract with Hanwha. Photo = Hanwha Eagles



A few days ago, rumors began circulating specifically among baseball officials about the possibility of Um Sang-baek's transfer.

A club official said "We are not considering recruiting Um Sang-baek, but the amount seems to be more than expected. At first, it was said that it would be around 5 to 6 billion won, and I thought that the amount was high, but now I hear more than 7 billion won"I couldn't hide my surprise.

An official from club B also "I need a starting pitcher, so of course I'm interested, but it's too expensive. We can't disclose the amount we think, but honestly, I don't think we can ever match the amount that's being talked about right now."



And the actual amount was revealed. Hanwha Eagles officially announced the news of the contract with Um Sang-baek on the 8th, and the terms of the contract are up to 7.8 billion won for four years. The down payment received in a lump sum is 3.4 billion won, the total annual salary is 3.25 billion won, and the incentive is 1.15 billion won.

'Isn't that too expensive?' The other teams were also surprised. Why Hanwha was at the center of the soaring market price.
A semi-playoff game between the LG Twins and the KT Wiz at Jamsil Stadium on the 6th. KT Um Sang-baek is pitching hard. Jamsil = Reporter Park Jae-man pjm@sportschosun.com /2024.10.06/
Although the option includes other incentives, the maximum total amount of 7.8 billion won on a four-year basis is far more than baseball officials expected.



Furthermore, Hanwha even announced the recruitment of shortstop Shim Woo-joon as FA on the 7th, a day before. Shim Woo-joon's contract terms are up to 5 billion won for four years (4.2 billion won guaranteed and 800 million won incentive). The total amount spent on the two players in two days alone amounts to 12.8 billion won.

Coincidentally, both players from KT Wiz. In fact, it is not that KT, the original team, was also not willing to catch it. They've grown together since their debut, and they really wanted to catch them because they had a good performance this year. The more good the history, the better.



'Isn't that too expensive?' The other teams were also surprised. Why Hanwha was at the center of the soaring market price.
심우준. Photo = Hanwha Eagles
The amount offered by KT was by no means insufficient. However, the final amount offered by Hanwha while participating in the war was larger. Players naturally have no choice but to choose a team that appreciates their value higher. However, KT was also tongue-in-cheek when it saw the amount of money the contract was signed. "We have already given the maximum, and I don't think it was a short amount. However, the general atmosphere is that the market price is too high.

There is also an atmosphere of dissatisfaction among other clubs. This is because the market price itself has soared too much. Shim Woo-joon and Um Sang-baek are of course the main players in the first division that other teams can covet. However, he was not evaluated as an `S-class' player. However, it is widely believed that if the ransom is this high, not only the FA market but also the standard ransom of players who will be eligible for FA next year will increase significantly.

'Isn't that too expensive?' The other teams were also surprised. Why Hanwha was at the center of the soaring market price.
The KIA-Hanwha match held at Hanwha Life Eagles Park in Daejeon on the 27th. With Hanwha winning 8-0, head coach Kim Kyung-moon is giving high fives with the players. Daejeon = Reporter Jeong Jae-geun cjg@sportschosun.com /2024.9.27/
Of course, Hanwha has a good reason. Hanwha is thirsty for grades. When Ahn Chi-hong was caught at 7.2 billion won for 4+2 years last year, he proceeded with the contract despite being evaluated as "too expensive" and gave a super-special treatment of 17 billion won for 8 years when Ryu Hyun-jin, the team's franchise star, returned from Korea.

A year ago, he signed Chae Eun-sung to a contract worth 9 billion won, and Lee Tae-yang and Jang Si-hwan. He has continued to invest, and even Ryu Hyun-jin returned, but he failed to advance to the postseason this year.

Until now, Hanwha has a relative disadvantage as a local team compared to the metropolitan area team. On top of that, it is true that other team star players have been shrinking due to an atmosphere in which they are reluctant to transfer due to the lack of recent team performance. Some complained that they had no choice but to invest more because they would not move to Hanwha if they did not pay even a few billion won more.

'Isn't that too expensive?' The other teams were also surprised. Why Hanwha was at the center of the soaring market price.
The match between Hanwha and Lotte at Hanwha Life Eagles Park in Daejeon on the 22nd. The bases loaded with two outs in the seventh inning. An Chi-hong succeeds in turning the tables with a walk. Daejeon = Song Jeong-heon Reporter's songs@sportschosun.com/2024.09.22/
Moreover, for Hanwha, the 2025 season is a time to make a winning move. After Choi Won-ho resigned during this season, coach Kim Kyung-moon was recruited in a surprise move 'Winning Contractor', and from next season, he will have his first big season at the new stadium. Grades are essential to successfully spend the first season in the new stadium. It is a situation where we have no choice but to risk our lives to reinforce our best power.

There are complaints from other clubs, but this is nothing short of a victory for clubs. As some agencies recently monopolized the majority of FA players, clubs complain that `the market price has already been formed, not the appropriate price according to demand, and the player's ransom has risen through auction, but in the end, the clubs cannot achieve complete unity. At this point, it is virtually impossible to come up with fundamental measures against the soaring ransom of players.



youll@sportschosun.com