Twins sign Korean slugger Byung-ho Park to four-year contract

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With a week remaining in their exclusive negotiating window to sign Byung-ho Park the Twins have agreed to a deal with the Korean slugger. Ken Rosenthal of FOXSports.com reports that it’s a four-year, $12 million contract, on top of which the Twins will pay Park’s old team a $12.85 million posting fee for those negotiating rights.

Four years and a total commitment of $24.85 million is certainly a sizable investment, but it’s significantly less than most projections had the Twins spending to get Park under contract.

Last offseason the Pirates bid $5 million to negotiate with Korean shortstop Jung Ho Kang and then signed him to a four-year, $11 million deal. His success in MLB raised the level of interest in Park, who posted similarly spectacular numbers in Korean, but in the end the price tag wasn’t significantly higher. Based on reports from Korea, it sounds like the Twins low-balled him in negotiations and Park basically just accepted it because he wants to play in MLB.

Three weeks ago I wrote a lengthy breakdown of how Park could fit into the Twins’ plans when they secured the high bid, but the short version is that he’ll slot into the lineup as the starting designated hitter and look to prove that his exceptional production in Korean can carry over to MLB. Park hit .343 with 53 homers, 146 RBIs, and a 1.150 OPS in 140 games for Nexen this past season and has topped a 1.000 OPS in each of the past three years.

Royals fire manager Mike Matheny after 65-97 end to season

Minnesota Twis v Kansas City Royals
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KANSAS CITY, Mo. – Manager Mike Matheny and pitching coach Cal Eldred were fired by the Kansas Cty Royals on Wednesday night, shortly after the struggling franchise finished the season 65-97 with a listless 9-2 loss to the Cleveland Guardians.

The Royals had exercised their option on Matheny’s contract for 2023 during spring training, when the club hoped it was turning the corner from also-ran to contender again. But plagued by poor pitching, struggles from young position players and failed experiments with veterans, the Royals were largely out of playoff contention by the middle of summer.

The disappointing product led owner John Sherman last month to fire longtime front office executive Dayton Moore, the architect of back-to-back American League champions and the 2015 World Series title team. Moore was replaced by one of his longtime understudies, J.J. Picollo, who made the decision to fire Matheny hours after the season ended.

Matheny became the fifth big league manager to be fired this year.

Philadelphia’s Joe Girardi was replaced on June 3 by Rob Thomson, who engineered a miraculous turnaround to get the Phillies into the playoffs as a wild-card team. The Angels replaced Joe Maddon with Phil Nevin four days later, Toronto’s Charlie Montoyo was succeeded by John Schneider on July 13 and the Rangers’ Chris Woodward by Tony Beasley on Aug. 15.

In addition, Miami’s Don Mattingly said late last month that he will not return next season.