Skip to content

Dodgers bid $25.7 million to negotiate with Korean left-hander Ryu Hyun-Jin

Nov 10, 2012, 11:05 AM EDT

Ryu Hyun-Jin Getty Images

UPDATE: According to Ken Rosenthal of FOXSports.com, MLB has confirmed that the Dodgers had the winning bid of $25,737,737 and have secured exclusive negotiating rights for Ryu Hyun-Jin. They now have 30 days to work out a contract with Hyun-Jin’s agent, Scott Boras.

Given how much of an investment the Dodgers are likely to make here, it will be interesting to see whether this will take them out of the running for free agent starters like Zack Greinke, Anibal Sanchez or Hiroki Kuroda. Of course, they are spending money like it’s going out of style, so who knows.

9:29 PM, Friday: Evan Grant of the Dallas Morning News reports that the Rangers did not win the bidding. Meanwhile, Dan Connolly of the Baltimore Sun hears that the Orioles did not submit a bid.

8:59 PM: Still awaiting confirmation, but Buster Olney of ESPN.com hears that other teams suspect the Dodgers won the bidding. On a related note, Ken Rosenthal and Jon Paul Morosi of FOXSports.com were told that the Dodgers submitted an “aggressive bid.”

8:00 PM: Contrary to chatter and speculation on Twitter, Jon Heyman of CBSSports.com reports that the Cubs did not have the winning bid.

7:54 PM: Bidding for Korean left-hander Ryu Hyun-Jin came to a close yesterday at 5 p.m. ET. While it’s not clear who won exclusive negotiating rights, we do know the winning bid.

Jon Heyman of CBSSports.com reports that the top bid checked in at $25,737,737 and was accepted by Hyun-Jin’s team, the Hanwha Eagles.

Still waiting for confirmation on which team won, but the Cubs and Rangers both reportedly made bids. The team that submitted the winning bid will now have 30 days to work out a contract with Hyun-Jin. The 25-year-old southpaw is represented by Scott Boras, so negotiations won’t be easy. At this price, it’s clear the winning team views him as a starting pitcher. The Hanwha Eagles will not receive the posting fee unless a contract is eventually worked out.

Hyun-Jin checks in at 6-foot-2 and 215 pounds and has a 2.80 ERA over seven seasons in KBO. He’s not overpowering, generally sitting in the low-90s with his fastball, but he’s said to possess an excellent changeup.

Latest Posts
  1. Rockies take John Axford out of the closer’s role

    Jul 31, 2015, 11:55 PM EDT

    John Axford John Axford

    John Axford has allowed runs in five consecutive appearances, blowing four saves. He’s out as the Rockies’ closer for now.

  2. There IS crying in baseball. Wilmer Flores hit a walk-off home run!

    Jul 31, 2015, 11:27 PM EDT

    cD05ODdlNmNhY2MwMjRlZWQzNTJ Getty Images

    Wilmer Flores: your feel-good story of the year.

  3. The Orioles designated Bud Norris for assignment

    Jul 31, 2015, 11:20 PM EDT

    Bud Norris Bud Norris

    The Orioles designated struggling Orioles pitcher Bud Norris for assignment to make room for new outfielder Gerardo Parra on Friday.

  4. Mark Melancon owes Starling Marte a nice steak dinner

    Jul 31, 2015, 10:52 PM EDT

    Starling Marte Starling Marte

    Starling Marte’s defense prevented Mark Melancon from blowing a save and potentially taking a loss.

  5. Angels place C.J. Wilson on the disabled list with elbow inflammation

    Jul 31, 2015, 10:35 PM EDT

    C.J. Wilson Getty Images

    The Angels lose C.J. Wilson to an injury but are expected to get Jered Weaver back.

  6. The benches cleared in Friday’s Giants-Rangers game

    Jul 31, 2015, 9:53 PM EDT

    Madison Bumgarner Madison Bumgarner

    Madison Bumgarner was upset Delino DeShields was upset.

  7. Giants place Tim Hudson on the disabled list with a shoulder strain

    Jul 31, 2015, 9:35 PM EDT

    Tim Hudson Getty Images

    The Giants placed Tim Hudson on the disabled list, which created room on the roster for incoming pitcher Mike Leake.

  8. Pirates place A.J. Burnett on the disabled list with elbow inflammation

    Jul 31, 2015, 8:55 PM EDT

    A.J. Burnett A.J. Burnett

    A.J. Burnett hits the DL with an elbow issue. Recently-acquired pitcher J.A. Happ will take his spot in the rotation.

  9. Report: Padres asked Diamondbacks for Paul Goldschmidt in a Craig Kimbrel trade

    Jul 31, 2015, 8:28 PM EDT

    Paul Goldschmidt Paul Goldschmidt

    Diamondbacks GM Dave Stewart laughed when he recalled the Padres asking for Paul Goldschmidt in return in a potential trade involving Craig Kimbrel.

  10. Video: Kendrys Morales avoids tag at the plate with a nifty slide

    Jul 31, 2015, 7:49 PM EDT

    Kendrys Morales Kendrys Morales

    Kendrys Morales is more nimble than we give him credit for being.

  11. Yankees prospect Luis Severino’s next start will be his major league debut

    Jul 31, 2015, 7:20 PM EDT

    Luis Severino Getty Images

    Yankees pitching prospect Luis Severino will make his major league debut within the next week.

  12. Clayton Kershaw scratched from Friday’s start against the Angels

    Jul 31, 2015, 6:14 PM EDT

    Clayton Kershaw Clayton Kershaw

    Clayton Kershaw has been scratched from a start yet again due to a hip problem.

  13. The Winners and Losers at the Trade Deadline

    Jul 31, 2015, 5:37 PM EDT

    Cole Hamels Getty Images

    Yes, I realize it’s silly to do this an hour after the trade deadline, as time is required to see how this stuff truly shakes out. But what is the Internet for if not kneejerk reactions?

  14. Pirates acquire left-hander J.A. Happ from Mariners

    Jul 31, 2015, 4:33 PM EDT

    J.A. Happ AP

    J.A. Happ and Joe Blanton, reunited.

  15. Pirates pick up Michael Morse from the Dodgers for Jose Tabata

    Jul 31, 2015, 4:30 PM EDT

    Michael Morse Marlins Getty Images

    He was DFA’d by the Dodgers as soon as they got him but he may platoon at 1B for Pittsburgh.

  16. So, the Padres sure did a whole lot of nothin’, eh?

    Jul 31, 2015, 4:20 PM EDT

    San Diego Padres Logo

    People thought they’d make four or five trades. They ended up doing nothing.

  17. 2015 MLB Trade Deadline Tracker

    Jul 31, 2015, 4:15 PM EDT

    Detroit Tigers v Seattle Mariners Detroit Tigers v Seattle Mariners

    We’re recapping all of the deals as they come down.

  18. Report: Yoenis Cespedes heading to the New York Mets

    Jul 31, 2015, 3:59 PM EDT

    cespedes getty Getty Images

    The Mets add a big bat to their anemic offense. And they don’t have to part with Zack Wheeler to do it.

Top 10 MLB Player Searches
  1. C. Hamels (5466)
  2. C. Gomez (5047)
  3. T. Tulowitzki (4208)
  4. M. Trout (3920)
  5. J. Cueto (3906)
  1. D. Price (3473)
  2. A. Rodriguez (3435)
  3. Y. Cespedes (3343)
  4. T. Clippard (3221)
  5. J. Bruce (3209)