Ryu Hyun-jin and Park Dong-won Top List of Highest Paid Players in KBO League 2024

Ryu Hyun-jin appeared in Hanwha’s own Blue and White match on the 7th. /News 1

The average annual salary of Korean professional baseball players this season was found to exceed 150 million won. Ryu Hyun-jin (37) and LG catcher Park Dong-won (34), who played in MLB (American Professional Baseball) until last year and returned to his former team Hanwha this year, receive the highest annual salary at 2.5 billion won each.

The KBO (Korea Baseball Organization) announced on the 11th that the average annual salary of 513 players (excluding rookies and foreigners) for the 2024 season is 154.95 million won. This amount is about 5.8% higher than last year’s average of 146.48 million won, breaking the highest average annual salary ever. The 2022 season’s 152.59 million won was the highest average annual salary ever.

The highest paid people were Ryu Hyun-jin and Park Dong-won. Ryu Hyun-jin signed an eight-year contract worth 17 billion won with Hanwha last month after 11 years in the major league. In terms of total amount, it was the largest contract in KBO League history. Among them, it was found that he received 2.5 billion won in annual salary in the first year. Lee Dae-ho, who played for Lotte, tied the highest salary in 19 years recorded in the 2019 season.

Park Dong-won signed a four-year contract with LG for a total of 6.5 billion won ahead of last season. Among them, the contract deposit was 2 billion won, and the total annual salary was 4.5 billion won. He received 300 million won in the first year of the contract, but this year he received 2.5 billion won, an increase of 733%. It is interpreted that last year’s annual salary was set low due to the salary cap (cap on total annual salary of players) system.

Among other pitchers, KT Go Young-pyo (33) followed with 2 billion won, and Lotte Park Se-woong (29) followed Ryu Hyun-jin with 1.35 billion won. Among batters, Ja-wook Koo (31) of Samsung ranked second and third with 2 billion won, and Jae-hwan Kim (36) of Doosan ranked 2nd and 3rd with 1.5 billion won. Among foreign players (including contract deposit, calculated as ‘1 dollar = 1,100 won’), KT Benjamin (31) and Cuevas (34), SSG Heredia (33) and Doosan Alcantara (32) receive the most, 1.43 billion won. .

By team, last year’s Korean Series champion LG had the highest average salary. Excluding rookies and foreigners, the average annual salary is 190.09 million won. The total is 8.744 billion won, ranking 5th after Lotte (8.984 billion won), KT (8.86 billion won), SSG (8.829 billion won), and Hanwha (8.821 billion won), but the average is lower due to the difference in the number of players. Salary was the highest. LG also has the highest average annual salary increase rate of 30.1%.

2024-03-12 13:17:51

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