The LG Twins were unable to sign free agents Yoo Kang-nam and Chae Eun-sung after the end of last season due to salary cap reasons. Yoo Kang-nam signed a four-year, $8 billion deal with the Lotte Giants, and LG instead signed Park Dong-won for four years and $6.5 billion. That’s a savings of 1.5 billion won. Chae Eun-sung left for five years with the Hanwha Eagles for a total of 9 billion won, and LG didn’t sign any outside free agents to replace him. The team signed Oh Ji-hwan to a six-year, $12.4 billion multi-year contract.
The 2023 season, the first year of the salary cap in the KBO, did not exceed the salary cap threshold of 11.426 billion won, and LG won the regular season and Korean Series for the first time in 29 years.
This winter, LG faced the same problem. It is not easy to protect the salary cap. The salary cap threshold of 11.4268 billion won is valid for three years, meaning it must be met until the 2025 season. However, there are three house rabbits that must be protected. In addition, the 12.4 billion won for Oh Ji-hwan, who signed a contract after last season, will be added from the 2024 season. 카지노사이트넷 We need to win the championship and give the players a raise. There is a lot of money to spend, but there is only so much money to spend.
Will LG be able to keep the salary cap?
First, let’s look at the salaries. According to the KBO, LG only had 42 players on the roster. The list includes players who were released, four second-round draft picks, Jin Hae-soo, who was traded to Lotte, and Oh Ji-hwan, Im Chan-kyu, Ham Deok-ju, and Kim Min-sung, who are currently in the free agent market. The combined annual salary of the seven released players, including Seo Gun-chang and Jeong Ju-hyun, the four second-round draft picks, and the 12 traded players, including Jin Hae-soo, is about 1.1 billion won.
The 42 players on hold have a combined salary of about 5.6 billion won this year. If you subtract the salary of Lee Jung-yong, who will be enlisted on December 18, it will be around 5.4 billion won. From now on, we have to do a lot of addition. Some of the re-signings will be cut, but there are many players who need a raise. Right now, there are a number of players who can increase their salaries, including Hong Chang-ki, who is the second-best run-scorer, Shin Min-jae, who is the main second baseman, Moon Bo-kyung, who has batted .300 for two years in a row, and Yoo Young-chan, Baek Seung-hyun, Park Myung-geun, and Lee Ji-gang, who have played in the starting lineup. Add to that the average one-year contracts of Kim Hyun-soo, Park Dong-won, Park Hae-min, and Kim Jin-sung, who have signed free agent contracts, and the detailed contracts of Im Chan-kyu, Ham Deok-ju, and “fake” free agent Oh Ji-hwan, who has already agreed to a total of 12.4 billion won over six years, and the salary cap could be exceeded.
The first exceedance is not a big deal.
If you exceed the cap once, you only have to pay 50% of the excess as a sanction, meaning you only have to pay a fine. But if you go over twice in a row, you’ll have to pay 100% of the overage in penalties, and your next year’s first-round pick will drop nine spots, meaning you’ll lose your first-round pick. Punished for not drafting the best prospects. If you exceed the cap three times in a row, you’ll pay a penalty of 150% of the overage, and your next year’s first-round pick will drop nine spots.
So, even if LG exceeds the salary cap this season, they need to do the math so they don’t exceed it in 2025.
LG is not the only team facing salary cap issues. Some teams are hesitant to sign players who are currently on the free agent market. Since the salary cap will remain the same until 2025, 바카라사이트 it is likely to affect not only this free agency market, but also the free agency market in 2025. Several teams have already expressed their dissatisfaction with the salary cap and are calling for it to be adjusted or eliminated.