Single Bungle Kiwoom, up to $46,127,015 Money Cushion! → Kang Jung-ho Park Byung-ho Kim Ha-sung Lee Jung-hoo Kim Hye-sung earned an average of 13 billion won
Jan 04, 2025
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The Los Angeles Dodgers officially announced on the 4th that they signed Kim Hye-sung. The Dodgers welcomed the announcement on their official SNS account, "'Welcome to the Dodgers, Kim Hye-sung.'"
Kim will receive up to 22 million U.S. dollars for five years. Three-year 12.5 million dollars is a guarantee contract. In 2028 and 2029, $9.5 million (about 14 billion won) for two years is a team option.
The money going back to Kiwoom is $2.5 million (about 3.7 billion won), 20% of the guaranteed amount of $12.5 million. If the Dodgers execute the two-year, $9.5 million option, an additional 15% of this money will go to Kiwoom. Kiwoom can receive up to $3.925 million (about 5.8 billion won). It is equivalent to Kiwoom's total salary in a season.
In the past, posting was a closed competitive bidding method. When you apply for a posting, the team that wants to recruit the player submits the bid amount. The team that submitted the highest amount entered negotiations with exclusive bargaining rights.
In the winter of 2014, the Pittsburgh Pirates posted 5,002,015 dollars for Kang Jung-ho. Pittsburgh later signed Kang Jung-ho for a total of $16 million for 4+1 years.
It was Park Byung-ho's turn in 2015. The Minnesota Twins acquired the top bidder status with $12.85 million. Minnesota signed Park Byung-ho for up to $18 million for 4+1 years.
Since then, the so-called transfer fee, the posting fee, has been elaborately calculated through the Korea-US contract agreement. The posting fee is automatically calculated according to the size of the player contract.
If the guaranteed amount is less than $25 million, 20% of the total amount must be paid to the original team. If you sign a four-year, $20 million contract, it's $5 million. Major League 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 fee is $5.875 million.
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Kim Ha-sung signed a four-year, $28 million contract with the San Diego Padres after the 2020 season. Kiwoom's share was $5.525 million. Last year, Kiwoom collected $18.825 million as Lee Jung-hoo succeeded in signing a six-year, $113 million megaton contract with the San Francisco Giants.
Kiwoom's posting revenue was $42,202,2015 before Kim Hye-sung. Kim Hye-sung can hug from a minimum of $2.5 million to a maximum of $3.925 million. Kiwoom can secure $44,702,015 and increase to $46,127,015.
Converting this to the current exchange rate can range from a minimum of 66 billion won to a maximum of about 67.9 billion won.
This article was translated by Naver AI translator.
