Ryu Hyun-Jin

Dodgers sign Korean lefty Hyun-Jin Ryu for $36 million

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For all of the bluster, there was never really any doubt this would get done: the Dodgers signed Korean left-hander Hyun-Jin Ryu just before the Sunday afternoon deadline.

CBSSports.com’s Jon Heyman reports that it’s a six-year, $36 million contract that includes an opt out after five years if Ryu tops a certain number of innings.

The Dodgers bid $25.7 million for Ryu’s rights last month after he was posted by his team in Korea. He went 9-9 with a 2.66 ERA and 210 strikeouts in 182 2/3 innings for Hanwha last season.

The 25-year-old Ryu can’t necessarily be penciled into a rotation that’s set to include Clayton Kershaw, Zack Greinke and Josh Beckett, with Chad Billingsley and Ted Lilly coming back from injuries. The team also has Chris Capuano and Aaron Harang available as starters, but with a payroll set to come in around $250 million, those guys are expendable.

Ryu could open the year in the pen and then move into the rotation later, or it’s possible he’ll be needed right away if either Billingsley or Lilly requires additional rehab time. Given that Ryu hasn’t thrown 200 innings in a season since 2007, it might be for the best if he spends the first month or so working in relief.

Here’s some Korean footage of Ryu striking out 13 batters in a game:

Your 2016 Winter Meetings Wrapup

national-harbor
Gaylord National Resort
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OXON HILL, MD — The 2016 Winter Meetings are over.  As usual, there was still no shortage of excitement this year. More trades than we’ve seen in the past even if there are still a lot of free agents on the market. Whatever the case, it should make the rest of December a bit less sleepy than it normally is.

Let’s look back at what went down here at National Harbor this week:

Well, that certainly was a lot! I hope our coverage was useful for you as baseball buzzed through its most frantic week of the offseason. And I hope you continue coming back here to keep abreast of everything happening in Major League Baseball.

Now, get me to an airport and back home.

Eighteen players selected in the Rule 5 Draft

rule-5
MLB
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OXON HILL, MD — The Rule 5 Draft just went down here at National Harbor. As always, it was the last event of the Winter Meetings. As usual, you likely don’t know most of the players selected in the Draft, even if a couple may make a splash one day in the future.

In all, 18 players were taken in the Major League phase of the Rule 5. Here they are, with the name of the team which selected them:

Round 1
1. Twins:  Miguel Diaz, RHP, Brewers
2. Reds: Luis Torrens, C, Yankees
3. Padres: Allen Cordoba, SS, Cardinals
4. Rays: Kevin Gadea, Mariners
5. Braves: Armando Rivero, RHP, Cubs
6. D-backs: Tyler Jones, RHP, Yankees
7. Brewers: Caleb Smith, LHP, Yankees
8. Angels  Justin Haley,RHP, Red Sox
9. White Sox:  Dylan Covey, RHP, A’s
10. Pirates: Tyler Webb, LHP, Yankees
11. Tigers: Daniel Stumpf, LHP, Royals
12. Orioles: Aneury Tavarez, 2B, Red Sox
13. Blue Jays: Glenn Sparkman, RHP, Royals
14. Red Sox: Josh Rutledge, INF, Rockies
15. Indians: Holby Miller, LHP, Phillies
16. Rangers: Michael Hauschild, RHP, Astros

Round 2
17. Reds:  Stuart Turner, C, Twins
18. Orioles:  Anthony Santander, OF, Indians

For a breakdown of most of these guys and their big league prospects, check this story out at Baseball America. Like I said, you don’t know most of these guys. And, while there have been some notable exceptions in Rule 5 Draft history, most won’t make a splash in the big leagues.

Each player cost their selecting team $100,000. Each player must remain on the 25-man roster of his new club for the entire season or, at the very least, on the disabled list. If he is removed from the 25-man, the team which selected him has to offer him back to his old team for a nominal fee. Sort of like a stocking fee when you return a mattress or something. Many of these guys, of course, will not be returned and, instead, will be stashed on the DL with phantom injuries.

Aren’t transactions grand?