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

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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.”

Tanner Scheppers leaves Cactus League game with lower core injury

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Rangers’ bullpen candidate Tanner Scheppers left Friday’s Cactus League game with pain in his “lower half,” according to reports by Evan Grant of the Dallas Morning News. The specifics of the right-hander’s injury have yet to be determined, but he was accompanied by the athletic trainer when he exited the game and is scheduled to undergo an MRI on Saturday.

Scheppers, 30, has a long history of elbow and knee injuries. He missed all but 8 2/3 innings of the 2016 season after undergoing a procedure to repair torn articular cartilage in his left knee. While he appeared healthy enough through his first seven appearances this spring, he failed to impress with three runs, five walks and six strikeouts over 7 2/3 innings with the club.

Should Scheppers find himself on the disabled list for another lengthy stay, MLB.com’s T.R. Sullivan speculates that his absence could clear some room in the bullpen for Rule 5 draft pick and fellow righty Mike Hauschild. Hauschild, 27, has dealt seven runs, five walks and 15 strikeouts through 17 1/3 innings in camp.

Report: Jose Ramirez close to four-year extension with Indians

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Yahoo Sports’ Jeff Passan reports that third baseman Jose Ramirez is finalizing a four-year extension with the Indians. The deal is said to be worth north of $30 million, and may crest $50 million if all options are exercised. While the extension won’t take effect until the 2018 season, it guarantees Ramirez a $26 million sum with two options worth $11 and $13 million and will give the Indians control of the infielder through the 2023 season.

Ramirez, 24, is entering his fifth season in the Indians’ organization. He posted career-high numbers during his first full season in the majors, slashing .312/.363/.461 with 11 home runs, 22 stolen bases and 4.8 fWAR in 2016. He’s projected to have a strong follow-up season at the plate and will likely see some time at second base as Jason Kipnis works his way back from a shoulder injury.

Although 2016 only showcased the beginning of Ramirez’s success with the club, FanRag Sports’ Jon Heyman says it’s a standard move for Cleveland to “sign their stars early,” and indicates that Ramirez was rumored to want the deal. Jeff Todd of MLB Trade Rumors adds that the extension will keep Ramirez under club control through three arbitration-eligible years and one year of potential free agency.