Lefty
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- Jul 4, 2002
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Looks like the Red Sox are going to sign BK for 10 million.
by Seong Jeon-hyeok ([email protected])
Red Sox pitcher Kim Byung-hyun, the “Korean nuclear submarine,” is on the verge of renewing his contract. As expected, he’ll sign a two-year deal worth US$10 million. Boston media reported that the Red Sox started salary negations with their major unsigned players on Tuesday, and Jeff Moorad, Kim’s agent, entered into talks on that day. His Korean agents also said that he will announce a deal sometime around Saturday.
For Kim, who got US$3.25 million last year, getting US$5 million a year carries with it great financial and symbolic meaning, because it would verify his status as a top Major League pitcher following Texas Rangers starter Park Chan-ho (who makes US$13 million a year on average). This is especially true when one considers how the player salary market has frozen: in the case of the Red Sox, only three pitchers -- Pedro Martinez (US$15.5 million a year), Curt Shilling (US$10 million a year) and Keith Foulke (US$6 million a year) -- make over US$5 million. On Tuesday, six-time Cy Young Award winner Roger Clemens reversed his intention to retire and signed a one-year deal with the Houston Astros worth US$5 million.
Kim also earns the right to become a free agent when his contract is up after two years. If his performance on the mound is satisfactory, he can set his eyes on a big money, multi-year contract like the one signed by Park. He stands a strong chance of joining Martinez, Shilling, Derek Lowe, and Tim Wakefield on the Red Sox’s starting rotation. In a fan poll taken over at the Internet Web site of cable sports news channel ESPN, Boston’s starting staff, including Kim, was ranked as the best in the Major Leagues alongside Oakland’s. Kim, who is currently visiting Japan, plans to return to the United States soon to begin conditioning.
by Seong Jeon-hyeok ([email protected])
Red Sox pitcher Kim Byung-hyun, the “Korean nuclear submarine,” is on the verge of renewing his contract. As expected, he’ll sign a two-year deal worth US$10 million. Boston media reported that the Red Sox started salary negations with their major unsigned players on Tuesday, and Jeff Moorad, Kim’s agent, entered into talks on that day. His Korean agents also said that he will announce a deal sometime around Saturday.
For Kim, who got US$3.25 million last year, getting US$5 million a year carries with it great financial and symbolic meaning, because it would verify his status as a top Major League pitcher following Texas Rangers starter Park Chan-ho (who makes US$13 million a year on average). This is especially true when one considers how the player salary market has frozen: in the case of the Red Sox, only three pitchers -- Pedro Martinez (US$15.5 million a year), Curt Shilling (US$10 million a year) and Keith Foulke (US$6 million a year) -- make over US$5 million. On Tuesday, six-time Cy Young Award winner Roger Clemens reversed his intention to retire and signed a one-year deal with the Houston Astros worth US$5 million.
Kim also earns the right to become a free agent when his contract is up after two years. If his performance on the mound is satisfactory, he can set his eyes on a big money, multi-year contract like the one signed by Park. He stands a strong chance of joining Martinez, Shilling, Derek Lowe, and Tim Wakefield on the Red Sox’s starting rotation. In a fan poll taken over at the Internet Web site of cable sports news channel ESPN, Boston’s starting staff, including Kim, was ranked as the best in the Major Leagues alongside Oakland’s. Kim, who is currently visiting Japan, plans to return to the United States soon to begin conditioning.