Eugene Hoshiko/Associated Press
By SI Wire
November 11, 2014

The San Diego Padres posted a $2 million bid for South Korean pitcher Kim Kwang-Hyun, reports Fox Sports’ Ken Rosenthal.

According to the report, Kim’s team, SK Wyverns, wants $10 million and might not accept the Padres' offer. The highest bid for Kim's services receives 30-day, exclusive negotiating rights, according to MLB’s Alden Gonzalez.

According to posting rules, if a deal is completed with a player that is posted within 30 days, the Korea Baseball Organization will receive that posting amount. If no deal is reached, the player stays with the KBO. Major League teams had four days to submit bids from the date a player is posted. Kwang-Hyun was reportedly posted on Nov. 4.

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Kim, 26, went 13-9 with a 3.33 ERA and 1.48 WHIP in 167.2 innings last season for SK Wyverns.

- Scooby Axson

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