Dodgers bid $25.7 million for South Korean lefty - 21 News Now, More Local News for Youngstown, Ohio -

Dodgers bid $25.7 million for South Korean lefty

Updated:

SEOUL, South Korea (AP) - The Los Angeles Dodgers have bid nearly $26 million for a chance to sign pitcher Ryu Hyun-jin.

The Hanwha Eagles of the Korea Baseball Organization said Saturday they have accepted a posting fee of $25.7 million for the 25-year-old left-hander. Major League Baseball later announced that the team was the Dodgers.

"We are thrilled to have this exciting opportunity," Dodgers general manager Ned Colletti said. "We have watched Ryu pitch for a long time and he is another option to consider as we look to improve our team in 2013 and beyond."

The Chicago Cubs and Texas Rangers were also among the clubs thought to be interested in Ryu.

Los Angeles now has 30 days to negotiate a minor league or major league contract with Ryu and his agent, Scott Boras.

Ryu was 98-52 with a 2.80 career ERA during seven seasons in South Korea. He pitched for his country on teams that won a gold medal at the Beijing Olympics in 2008 and reached the championship game of the 2009 World Baseball Classic.

The $25.7 million fee will be paid to the Eagles only if Ryu signs with the major league team.

The posting system brought Japanese stars Yu Darvish, Ichiro Suzuki and Daisuke Matsuzaka to the majors. Last winter, the Rangers gave Darvish a six-year contract guaranteeing him $56 million after submitting a record $51,703,411 posting bid to his former team, the Hokkaido Nippon Ham Fighters.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comMore>>

  • Police: Couple used dog to lure 2 Amish girls

    Police: Couple used dog to lure 2 Amish girls

    Thursday, August 21 2014 10:04 PM EDT2014-08-22 02:04:19 GMT
    A woman accused along with her boyfriend of abducting and sexually abusing two young Amish sisters is due in court for a preliminary hearing.More >>
    A northern New York couple used a dog to lure two Amish sisters from their family farm stand with a plan to turn them into slaves, an investigator said Thursday.More >>
  • State won't sell naming rights for Ohio Turnpike

    State won't sell naming rights for Ohio Turnpike

    Thursday, August 21 2014 9:30 PM EDT2014-08-22 01:30:13 GMT
    Ohio will pursue opportunities to collect revenue through sponsorships along the state turnpike but will not sell naming rights for the 241-mile toll road.More >>
    Ohio will pursue opportunities to collect revenue through sponsorships along the state turnpike but will not sell naming rights for the 241-mile toll road.
    More >>
  • Ohio State president meets with band leaders

    Ohio State president meets with band leaders

    Thursday, August 21 2014 9:23 PM EDT2014-08-22 01:23:42 GMT
    Courtesy:  NBC NewsCourtesy: NBC News
    Student and staff leaders of the Ohio State marching band have met with the university's president to share concerns over the firing of a popular band directorMore >>
    Student and staff leaders of the Ohio State marching band have met with the university's president to share concerns over the firing of a popular band directorMore >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms