Korean star Jung-hoo Lee will be released to MLB teams after the 2023 season

Korean star Jung-hoo Lee will be released to MLB teams after the 2023 season

There may be six weeks left in this offseason, but it’s never too early to start looking ahead. next off season, right? On Monday, the Kiwoom Heroes of the Korea Baseball Organization announced that they will announce reigning league MVP Jung-hoo Lee for MLB teams after the 2023 season. We ranked Lee as one of the top 10 KBO players to know in May 2020.

“After some internal discussions, we agreed to respect the player’s intention to play in Major League Baseball.” the Heroes said in a statement. “We will provide all the necessary support for the player.”

Lee, 24, slashed .349/.421/.575 with 23 home runs and just 32 strikeouts in a 144-game season in 2022. He was named Rookie of the Year in 2017 after becoming the first player in KBO history to jump in. the league straight from high school. Lee is primarily a center fielder and a career .342/.407/.495 hitter with more walks (334) than strikeouts (281) in six full KBO seasons.

“The team has supported me a lot since I was a rookie, and I was able to start dreaming about playing abroad because the team has helped me grow as a player.” Lee said in a statement. “First, I will concentrate on next season. I will put aside personal ambitions and try to help the team win the Korea Series.”

A left-handed hitter, Lee has uncanny bat-to-ball ability and is also starting to have some power. FanGraphs calls him a precocious talent and says “Lee wields one of the sweetest swings on the planet and is especially good at flattening his bat path to crush fastballs at the top of the zone.” You can also download and get releases like this:

Lee is nicknamed “Grandson of the Wind” because his father, Jong-beom Lee, was nicknamed “Son of the Wind” during his career as a KBO superstar in the 1990s and 2000s. The elder Lee still holds the record for single season in the KBO with 84 stolen bases. He is a former league MVP who was second on the KBO’s all-time stolen base list when he retired in 2011.

MLBThe current publishing agreement with the KBO is identical to the publishing agreement with Japan’s Nippon Professional Baseball. Once Kiwoom ships Lee, MLB teams will have 30 days to negotiate and sign him, and the team that signs Lee will pay Kiwoom a posting fee based on the size of the contract. Post Fee Structure:

  • Contract worth less than $25 million: 20 percent of the contract value
  • Contract worth 25 to 50 million dollars: $5 million plus 17.5 percent of the amount over $25 million
  • Contract worth more than 50 million dollars: $9.275 million plus 15 percent of the amount over $50 million

A hypothetical $100 million contract would come with a $16.775 million posting fee. Given Lee’s age (25 in August) and talent at a prime position, he figures to be highly sought after next offseason. The largest contract ever given to a Korean player making the jump to the MLB is the six-year, $36 million deal in Los Angeles Dodgers turned left Hyun-Jin Ryu in December 2012.

In 2020, Baseball America polled scouts about the level of talent in Asia, and the consensus was that KBO is roughly between Double-A and Triple-A. NPB in Japan is between Triple-A and MLB.

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