San Diego Padres Win Right to Negotiate with LHP Kwang-hyun Kim
The Padres won the right to negotiate with South Korean lefty Kwang-hyun Kim. The Friars won the bidding with a mere $2 million, and perhaps more surprisingly Kim’s KBO team, the SK Wyverns, accepted this modest amount. The Wyverns had hoping for a winning bid around $10 million.
The modest amount of the winning bid suggests that MLB clubs aren’t any more convinced of Kim’s possible future major league success than I am. At any rate, it’s an extremely low-risk move by the Padres, since my guess is Pads won’t offer him a deal better than a two-year deal with a team option for a third year at about $4 million guaranteed, and it could be as little as $3 million guaranteed. $ 5 or 6 million isn’t chump change, but it would be a great deal for the Padres if Kim establishes himself as a legitimate major league pitcher in the next two years.
Kim could probably get the same guaranteed money from a Japanese team, but everything I’ve read indicates that Kim wants to try his luck in MLB.