Skip to main content

Report: Padres post $2 million bid for Korean pitcher Kim Kwang-hyun

  • Author:
  • Publish date:

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.

• CORCORAN: NL West Hot Stove Preview

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

© 2024 ABG-SI LLC. SPORTS ILLUSTRATED IS A REGISTERED TRADEMARK OF ABG-SI LLC. - All Rights Reserved. The content on this site is for entertainment and educational purposes only. All betting content is intended for an audience ages 21+. All advice, including picks and predictions, is based on individual commentators’ opinions and not that of Minute Media or its related brands. All picks and predictions are suggestions only. No one should expect to make money from the picks and predictions discussed on this website. For more information, please read our Legal Disclaimer. Gambling content intended for 21+. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.