This is the LG Twins' 'major decision'.
Go Woo-seok, who signed a contract with the San Diego Padres on the 4th (Korean time), was guaranteed two years and a total of $4.5 million (5.85 billion won). His annual salary is $1.75 million (2.3 billion won) this year and $2.25 million (2.9 billion won) next season. A mutual option worth $3 million (KRW 3.9 billion) is included for the third year, and if the option is not activated, he receives $500,000 (buyout, KRW 650 million). Up to $7 million (KRW 9.1 billion) over 3 years.
Ko Woo-seok, who is not a free agent (FA), knocked on the door of Major League Baseball (MLB) through the posting system (private competitive bidding). Posting incurs costs and transfer fees according to the contract. According to the Korea-US Player Contract Agreement revised in 2018, if the guaranteed amount offered by an MLB club to a player is less than $25 million (KRW 32.5 billion), 20% of that amount is the posting fee. If the total guaranteed contract is between $25 million and $50 million (KRW 32.5 billion - KRW 65 billion), 20% ($5 million, KRW 6.5 billion) of $25 million and 17.5% for amounts over $25 million are added.
If the total guaranteed amount exceeds $50 million (KRW 65 billion), 20% of $25 million ($5 million), 17.5% of $25 to $50 million ($4.375 million, KRW 5.7 billion) of the amount exceeding $50 million The posting amount is calculated by adding up 15%.
Lee Jeong-hoo, who recently signed a six-year, $113 million (148 billion won) contract with the San Francisco Giants, has a posting fee of 24.7 billion won. However, Go Woo-seok’s posting cost is around $900,000 (1.2 billion won). There are additional costs depending on whether the option is exercised or not, but they are minimal. Go Woo-seok, who shared the 'posting fee for transfer' with the club prior to posting, was presented with contract terms that did not meet the standard, but strongly expressed his intention to challenge. After careful consideration, the club accepted the player's wishes and accepted the transfer. Although he has great symbolism as the team's signature closing pitcher, the team owner (Chairman Koo Gwang-mo) also readily agreed.
Go Woo-seok, who completed the contract, said, "I would like to thank LG for opening up the opportunity for me to have a great experience in MLB. I am also grateful to the San Diego team for allowing me to start a new challenge." He added, "I will come back with a new heart in a new place." "I've started now. I'll do my best to become a player who lives up to everyone's expectations with a good performance," he said.
General manager Cha Myeong-seok said, "Congratulations. Go Woo-seok is one of the best closing pitchers in the KBO League. I think he is competitive enough in MLB and will adapt well. I look forward to playing well as an MLB player representing our country with good results. Looking forward to a new challenge. “I support you,” he said.
Go Woo-seok is acknowledged by everyone as the best closing pitcher in the KBO League. He is called ‘Post Oh Seung-hwan’ and became the youngest individual to achieve 40 saves (24 years, 1 month, 21 days) in the league in the 2022 season, becoming the first individual relief king (42 saves). Last year, he suffered from minor injuries and showed ups and downs, but contributed to the combined championship. His season record is 3 wins, 8 losses, 15 saves, and an ERA of 3.68 (44 innings). His KBO league career records are 354 games, 19 wins, 26 losses, 139 saves, and an earned run average of 3.18.
for more info check this : 스포츠토토