Posted: Saturday November 10, 2012 2:12 AM

MLB team bids $25.7 million for South Korean lefty

Decrease font Decrease font
Enlarge font Enlarge font

SEOUL, South Korea (AP) - A team in South Korea says one Major League Baseball club has bid nearly $26 million for a chance to sign pitcher Ryu Hyun-jin.

The Hanwha Eagles of the Korea Baseball Organization said Saturday they have accepted a posting fee of $25.7 million for the 25-year-old left-hander. The big league team that submitted the winning bid was not revealed.

The Chicago Cubs, Los Angeles Dodgers and Texas Rangers were among the clubs though to be interested in Ryu.

The winning bidder now has 30 days to negotiate a contract with Ryu, who was 98-52 with a 2.80 career ERA during seven seasons in South Korea. He pitched for his country on teams that won a gold medal at the Beijing Olympics in 2008 and reached the championship game of the 2009 World Baseball Classic.

 
SI.com
Hot Topics: NBA Playoffs NHL Playoffs Golden State Warriors Bryce Harper Paul Pierce Masai Ujiri
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Read our privacy guidelines, your California privacy rights, and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint