Jung Hoo Lee To Be Posted Today ...Middle East

The Kiwoom Heroes of the KBO will post Jung Hoo Lee today, the team announced (as reported by Jeeho Yoo of Yonhap News). MLB clubs will have a 30-day window to negotiate with the South Korean star, beginning on Tuesday, December 5 at 7:00 am CT. Lee is expected to sign a multi-year deal, with the MLBTR prediction coming in at five years and $50 million. In addition, the MLB team that signs him will owe the Heroes a posting fee, calculated as 20% of the first $25MM in his contract, 17.5% of the next $25MM, and 15% of any additional salary. Therefore, if Lee signs for $50 million exactly, his posting fee will total another $9.375 million. That’s no small number, but it’s hard to imagine it wou

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Last updated : 04 Dec 2023 clock 11:20 AM

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