Lee Jung-hoo’s big night! Kiumdo Jackpot! Earned 5 years’ salary for the squad all at once!
Lee Jung-hoo is finally reaching his dream stage. He will start a new life in the major leagues with the San Francisco Giants.
On the 13th (KST), local media in the United States reported that Lee signed a six-year, $113 million contract with San Francisco. It’s a huge deal, worth about 14.83 billion won in Korean won.
Lee’s move to the major leagues came early. Lee, who is eligible for the postseason after this season, announced his major league challenge to the Kiwoom organization before the season. The club was eager to help him reach the major leagues because he had the skills and star power to do so.
He knew he was going to make it, but he didn’t expect it to be this big. Initially, a four-year, $50-70 million contract seemed likely. However, the San Francisco Giants, who had shown tremendous interest in Lee, led the bidding, with the San Diego Padres joining the fray. The Toronto Blue Jays and Chicago Cubs, who missed out on Shohei Ohtani (Los Angeles Dodgers), also jumped in late. Lee’s agent was Scott “The Devil” Boras. His contract was extended to six years and his price tag skyrocketed. The inclusion of an opt-out after four years was a very favorable deal for Lee. 월카지노
The final winner was San Francisco. The Giants had a scout visit the Gauchos SkyDome every single day of the season to watch Keum play. General manager Pete Putilla was even on hand for the final game of the season to watch Lee take his final bow to the home fans.
Kiwoom is all smiles. Once posted, the club that takes the player must pay a set amount of compensation to the original team, Kiwoom. Under the current posting system, if the total value of the contract is $25 million or less, the club receives 20 percent of the guaranteed amount. Between $25 million and $50 million, they receive $5 million, which is 20% of the $25 million minimum threshold, and 17.5% of the guaranteed amount above $25 million. If the total exceeds $501 million, they receive $9.37 million in coverage up to $50 million, plus an additional 15% of the amount of coverage above $50 million.