If it's 500 million, there's a huge difference of 6.1 billion, 5.6 billion Kim Hye-sung's compensation. What's accurate
Jan 05, 2025
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Kim Hye-sung is going to the LA Dodgers in the U.S. Major League Baseball.
Kim Hye-sung signed a contract with the Dodgers on the early morning of the 4th (Korea time), just before the posting deadline, with a total of up to $22 million for 3+2 years.
The 5th major leaguer from Kiwoom was born. It's a slope. It's also important to get compensation. The original team will receive compensation for advancing to the Major League through posting in accordance with the Korea-U.S. player contract agreement. Kiwoom sent Lee Jung-hoo to the San Francisco Giants last year and received an astronomical amount of money of $18.825 million and about 27.7 billion won as compensation.
Therefore, he is also interested in the amount of compensation he receives by sending Kim Hye-sung. However, the calculation method is different here and there. This is because the contract is so complicated.
Kim Hye-sung is a three-year guarantee contract. The total is 12.5 million dollars. The annual salary for this year is $2.5 million and the annual salary for the second and third years is $3.75 million, respectively, with a Cyning bonus of $1 million. There is a buyout. $1.5 million has been set aside. This is money given as a consolation prize if the Dodgers do not execute the two-year option.
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For now, Kiwoom will receive compensation for the three-year guarantee within a year. There is a mixed interpretation here. The buyout should also be interpreted as receiving 20% of the $12.5 million as a guarantee amount, or 20% of the $11 million on a five-year basis because the buyout is not received when the contract is extended. If this happens, the total amount of compensation will be $4.15 million and $3.85 million, considering that it runs for all five years. It is a big difference of about 6.1 billion won and about 5.6 billion won.
This will only be known if the contract between Kim Hye-sung and the Dodgers arrives in KBO through the MLB Secretariat. However, the player agreement agreement stipulates that the option buyout linked to the first option in the player contract is added to the 'total guarantee contract amount'. Therefore, regardless of whether the option is executed or not, the initial compensation will be set at $2.5 million, or 20% of $12.5 million. This first guarantee contract compensation must be received by Kiwoom within a year.
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This article was translated by Naver AI translator.
