"Kim Hye-sung is unlikely to make a mega deal" → Kiwoom can still '7 billion won"

Dec 05, 2024

The Kiwoom-KIA match held at Kia Champions Field in Gwangju on the 6th. Kim Hye-sung, who met at cleaning time after the 5th inning, is encouraging Kim Do-young. Gwangju = Reporter Jeong Jae-geun cjg@sportschosun.com /2024.9.6/

The match between SSG Landers and Kiwoom Heroes at SSG Landers Field in Incheon on the 30th. Kiwoom second baseman Kim Hye-sung is defending. Incheon = Reporter Park Jae-man pjm@sportschosun.com /2024.09.30/

Kim Hye-sung knocks the big league with posting. The U.S. media coolly predicted that a 'megaton class' contract would be difficult. Still, his former team, Kiwoom Heroes, is expected to take nearly 7 billion won in transfer fees and sit on the cushion of money.

KBO officially announced on the 4th that it has requested the MLB Secretariat to post Kim Hye-sung to 30 MLB clubs at the request of the Kiwoom Heroes club.

The official Major League website MLB.com posted on the 5th 'Korean star Kim Hye-sung started posting. Negotiations will take place for 30 days,' the report said.

Kim Hye-sung can freely negotiate with 30 major league clubs for 30 days. From 8:00 a.m. on the 5th to 5:00 p.m. on January 3rd next year, Eastern Standard Time in the United States. The time difference from Korea is 14 hours. It is until 7 a.m. on January 4th in Korean time.

It's not the FA, it's the transfer fee. However, the transfer fee is not negotiable. The Korea-U.S. player contract agreement sets the calculation method. It is proportional to the total amount of player contracts.

If it is less than $25 million, 20% of the total amount must be paid to Kiwoom. If you sign a four-year, $20 million contract, Kiwoom will earn $5 million. Major League Baseball clubs spend a total of $25 million.

If it exceeds $25 million, the ratio will be reduced. 17.5% applies to sections over $25 million and under $50 million. For example, if the total is $30 million, 20% ($5 million) will be applied up to $25 million and 17.5% ($875,000) will be applied only to $5 million in excess. So the posting cost is $5.875 million.

Only 15% of the $50 million excess range applies.

The 2024 KBO Awards held at Lotte Hotel World on the 26th, Kiwoom Kim Hye-sung, the second baseman's defense award, is congratulated by general manager Ko Hyung-wook. Jamsil = Reporter Heo Sang-wook wook@sportschosun.com /2024.11.26/

Kiwoom Kim Hye-sung, the second baseman's defense award, is speaking at the 2024 KBO Awards held at Lotte Hotel World on the 26th. Jamsil = Reporter Heo Sang-wook wook@sportschosun.com /2024.11.26/

Major League Trade Rumors (MTR)', a media specializing in the Major League transfer market, predicted Kim Hye-sung's ransom of $24 million (about 34 billion won) for three years.

At this rate, Kiwoom will take $4.8 million (about 6.8 billion won), 20% of the $24 million. It is slightly less than 7 billion won.

However, Kim Hye-sung is 26 years old and very young. If a four- to five-year long-term contract is signed beyond MTR's expectations, the share of Kiwoom will also jump.

Kiwoom has so far sent as many as four players to the Major League, earning tens of billions of won in transfer fees. Kang Jung-ho's 5 million, 2015 (about 7.1 billion won), Park Byung-ho's 12.85 million dollars (about 18.2 billion won), Kim Ha-sung's 5.525 million dollars (about 7.8 billion won) and Lee Jung-hoo's 18.825 million dollars (about 26.6 billion won) are about 59.7 billion won.

This article was translated by Naver AI translator.

"Kim Hye-sung is unlikely to make a mega deal" → Kiwoom can still '7 billion won"

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