posting system (KBO)
{{About|the player transfer system between MLB and KBO|the system between MLB and the NPB|Posting system}}
{{Update|inaccurate=yes|date=December 2023}}
File:Ryu Hyun-Jin.jpg was the first KBO player to enter MLB via the posting system.]]
The posting system is a baseball player transfer system that operates between Korea Baseball Organization (KBO) and the Major League Baseball (MLB). The system is based on the original posting system that was put in place between MLB and Nippon Professional Baseball (NPB) in 1998.
To be eligible for posting, a player must have first played at least seven years in the KBO.Adams, Steve. [https://www.mlbtraderumors.com/2018/07/mlb-kbo-korea-agree-new-posting-system.html "MLB, KBO Reportedly Agree To New Posting System,"] MLB Trade Rumors (July 12, 2018). Under this system, when a KBO player is "posted," MLB holds a four-day-long silent auction during which MLB teams can submit sealed bids in an attempt to win the exclusive rights to negotiate with the player for a period of 30 days. If the KBO team accepts the winning bid, then the player is free to negotiate with the highest-bidding MLB team. If the MLB team and the KBO player agree on contract terms before the 30-day period has expired, the KBO team receives the bid amount as a transfer fee, and the player is free to play in MLB. If the KBO team rejects the winning bid or if the MLB team cannot come to a contract agreement with the posted player, then no fee is paid, and the player's rights revert to his KBO team.
Up to the end of the 2014–15 posting period, eight KBO players had been posted using the system. Of these, two signed Major League contracts immediately, one signed a minor league contract, four bids were rejected by KBO teams, and one could not come to a contract agreement during the 30-day negotiation period. The eight players that have been acquired by MLB teams through the posting system are Choi Hyang-nam, Hyun-jin Ryu, Jung-ho Kang, Byung-ho Park, Kwang-hyun Kim, Ha-seong Kim, Jung-hoo Lee, and Woo-suk Go.
Postings
=Past postings=
Of the South Korean-born players who have played in MLB,{{cite web |title=Players by birthplace : South Korea Baseball Stats and Info |url=https://www.baseball-reference.com/bio/South-Korea_born.shtml |work=Baseball-Reference |publisher=Sports Reference LLC |access-date=May 18, 2015}} seven have entered the league using the posting system.
| class="wikitable sortable plainrowheaders"
|+ Successful postings |
| scope="col"|Player
!scope="col"|Posting date !scope="col"|KBO team !scope="col"|MLB team !scope="col"|Winning bid or posting fee !scope="col"|Date of contract !scope="col"|MLB contract !scope="col" class="unsortable"|Notes |
|---|
| scope="row"|{{sortname|Choi|Hyang-nam}}{{ref|pitcher|P}}
|{{dts|2009|1|22}} |$101 |{{dts|| |
|Minor league contract
|{{cite web|url=http://english.yonhapnews.co.kr/culturesports/2015/03/10/30/0702000000AEN20150310001000315F.html|title=Journeyman pitcher Choi Hyang-nam joins Austrian club|access-date=July 10, 2015|date=March 10, 2013|work=Yonhap News Agency}}
|-
!scope="row"|{{sortname|Ryu|Hyun-jin}}{{ref|pitcher|P}}
|{{dts|2012|11|1}}
|$25,737,737.33
|{{dts|2012|12|9}}
|6 year, $36 million
|-
!scope="row"|{{sortname|Kang|Jung-ho}}
|{{dts|2014|12|15}}
|$5,002,015
|{{dts|2015|1|16}}
|4 year, $11 million
|-
!scope="row"|{{sortname|Park|Byung-ho}}
|{{dts|2015|11|2}}
|$12,850,000
|{{dts|2015|12|1}}
|4 year, $12 million
|{{cite web|url=https://www.espn.com/mlb/story/_/id/14267806/minnesota-twins-sign-byung-ho-park|title=Byung Ho Park joins Twins|work=ESPN.com|date=December 1, 2015|access-date=December 1, 2015}}{{cite web|url=http://english.yonhapnews.co.kr/news/2017/11/27/41/0200000000AEN20171127005700315F.html|title=Ex-MVP Park Byung-ho returns to KBO after brief MLB stint|date=November 27, 2017|work=Yonhap News Agency}}
|-
!scope="row"|{{sortname|Kim|Kwang-hyun}}{{ref|pitcher|P}}
|{{dts|2019|12|6}}
|$1,600,000
|{{dts|2019|12|17}}
|2 year, $8 million
|-
!scope="row"|{{sortname|Kim|Ha-seong}}
|{{dts|2020|11|25}}
|$5,525,000
|{{dts|2020|12|31}}
|4 year, $28 million
|{{ cite web | url=https://www.heroesbaseball.co.kr/story/heroesNews/view.do?num=19843 | title=KBO에 김하성 MLB 포스팅 공시 요청 | work=KIWOOM HEROES | language=ko | date=November 25, 2020 | access-date=January 3, 2021 }}{{ cite web | url=https://www.mlb.com/padres/press-release/press-release-padres-sign-ha-seong-kim-to-four-year-contract | title=Padres sign Ha-Seong Kim to four-year contract | work=MLB.com | date=December 31, 2020 | access-date=January 3, 2021 }}
|-
!scope="row"|{{sortname|Lee|Jung-hoo}}
|{{dts|2023|12|4}}
|$18,825,000
|{{dts|2023|12|13}}
|6 year, $113 million
|-
!scope="row"|{{sortname|Go|Woo-suk}}{{ref|pitcher|P}}
|{{dts|2023|12|4}}
|$900,000
|{{dts|2024|01|3}}
|2 year, $4.5 million
|-
!scope="row"|Hyeseong Kim
|{{dts|2024|12|4}}
|$2,000,000
|{{dts|2025|01|3}}
|3 year, $12.5 million
|}
:{{note|pitcher|P}}This player is a pitcher.
| class="wikitable sortable plainrowheaders" cellpadding="0"
|+ Unsuccessful postings |
| scope="col" width=12%|Player
!scope="col"|Posting date !scope="col" width=10%|KBO team !scope="col" class="unsortable"|Result !scope="col" class="unsortable"|Notes |
|---|
| scope="row"|{{sortname|Lee|Sang-hoon|Lee Sang-hoon (baseball)}}{{ref|pitcher|P}}
|1998 |The LG Twins rejected the winning MLB team's highest bid of $600,000. |{{cite news|url=http://a.espncdn.com/mlb/news/1999/1223/250414.html|title= Red Sox sign Korean LHP Sang-Hoon Lee to a two-year deal|access-date=July 10, 2015|date=December 23, 1999|publisher=ESPN}} |
| scope="row"|{{sortname|Jin|Pil-jung}}{{ref|pitcher|P}}
|December 2002 |The Doosan Bears rejected the winning MLB team's highest bid of $25,000. |{{cite news|author=Kang Seung-woo|url=https://www.koreatimes.co.kr/www/sports/2018/08/600_119643.html|title=Eagles' Ryu on MLB radar|date=September 11, 2012|access-date=June 30, 2020|work=Korea Times}} |
| scope="row"|{{sortname|Lim|Chang-yong}}{{ref|pitcher|P}}
|December 2002 |The Samsung Lions rejected the winning MLB team's highest bid of $650,000. |
| scope="row"|{{sortname|Kim|Kwang-hyun}}{{ref|pitcher|P}}
|{{dts|2014|11|4}} |The San Diego Padres were awarded exclusive negotiating rights on November 11, 2014, after bidding $2 million. Contract negotiations ended without an agreement and Kim returned to the Wyverns. |{{cite magazine|url=https://www.si.com/mlb/2014/11/11/san-diego-padres-post-bid-kim-kwang-hyun|title=Report: Padres post $2 million bid for Korean pitcher Kim Kwang-hyun|access-date=July 10, 2015|magazine=Sports Illustrated|date=November 11, 2014}}{{cite news|url=http://www.koreaherald.com/view.php?ud=20141212000472|title=Kim Kwang-hyun fails to reach deal with San Diego Padres|access-date=July 10, 2015|date=December 12, 2014|publisher=Korean Herald}} |
| scope="row"|{{sortname|Yang|Hyeon-jong}}{{ref|pitcher|P}}
|{{dts|2014|11|17}} |The Kia Tigers rejected the winning MLB team's highest bid. It was reported that the Minnesota Twins or the Texas Rangers were possibly the highest bidders with a bid estimated at $1.5 million, though the exact details were never disclosed. |{{cite magazine|url=http://english.yonhapnews.co.kr/full/2014/11/26/2/1200000000AEN20141126005400315F.html|title=Kia Tigers reject bid for posted pitcher Yang Hyeon-jong |access-date=July 10, 2015|magazine=Sports Illustrated|date=November 26, 2014}} |
| scope="row"|{{sortname|Son|Ah-seop}}
|{{dts|2015|11|16}} | | |
| scope="row"|{{sortname|Hwang|Jae-gyun}}
|{{dts|2015|11|30}} |The Lotte Giants did not receive any bids. |
| scope="row"|{{sortname|Kim|Jae-hwan|Kim Jae-hwan (baseball)}}
|{{dts|2019|12|5}} | | |
| scope="row"|{{sortname|Na|Sung-bum}}
|{{dts|2020|12|10}} | | |
:{{note|pitcher|P}}This player is a pitcher.
See also
{{Portal|Baseball|South Korea}}