Korean star pitcher Ryu Hyun-Jin available for bidding, hires agent Scott Boras


MLB teams will be able to bid on the negotiating rights to Korean pitching star Ryu Hyun-Jin, according to Yoo Jee-Ho of the Yonhap News.

Hyun-Jin, a 25-year-old left-hander who’s been one of the Korea Baseball Organization’s best pitchers since 2006, will be “posted” by the Hanwha Eagles and has already hired agent Scott Boras to represent him.

Lots of players have come to MLB via the Japanese posting process, but the Korean version is slightly different. Jee-Ho describes how it works:

The KBO club can either accept or reject the highest bid amount following the auction. Once the non-negotiable bid is accepted, the interested MLB team will have the exclusive right to negotiate with the posted player. When the two sides agree on contract terms, the Eagles will then take the bid money as a transfer fee for the player. On the other hand, the Eagles may also reject any bid, in which case Ryu will remain with the KBO team next year.

In other words, it’s basically a silent auction with a reserve/minimum price that no one actually knows yet. Hyun-Jin has made it clear that he wants to pitch in America and could leave Korea as an outright free agent in 2014, so this is his team’s chance to get something in return.

Hyun-Jin was the first Korean player to win Rookie of the Year and MVP in the same season and has led the KBO in strikeouts five times. According to Jee-Ho he “can reach up to 93 miles per hour with his fastball, and major league scouts have said they like his command with his changeup and slider.”

Rangers release Bartolo Colon

Bartolo Colon
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Veteran right-hander Bartolo Colon was released from his minor league deal with the Rangers on Saturday, MLB.com’s TR Sullivan reports. Despite his strong showing in spring training, Colon wasn’t considered a lock to make the Opening Day rotation. This may not be the end of his time with the team, however — according to multiple reports, the Rangers have expressed their desire to restructure a minor league deal with the right-hander and could work out an arrangement to keep him on as bullpen and Triple-A depth this season.

Colon, 44, is preparing for his 21st year in the majors. He split his 2017 campaign with the Braves and Twins, posting a cumulative 7-14 record in 28 starts and finishing the season with a 6.48 ERA, 2.2 BB/9 and 5.6 SO/9 in 143 innings. While those numbers were some of the worst he’d seen since 2009, the veteran righty made a compelling case in camp this spring, holding batters to six earned runs, four home runs, two walks and 10 strikeouts in 18 innings.

The Rangers are expected to open the season with a rotation comprised of Cole Hamels, Doug Fister, Matt Moore, Mike Minor and Martin Perez. Perez is working his way back from an elbow injury in his non-throwing arm and is slated to miss his first start of the season, which would provide a brief window of opportunity for Colon when the Rangers hit the road in April.