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South Korean Star Sung-mun Song Joins MLB Posting System Now
URGENT UPDATE: South Korean infielder Sung-mun Song is officially entering the Major League Baseball (MLB) posting system, making him available for teams to sign starting Saturday, December 2, 2023, through December 21, 2023. Following a standout season with the Kiwoom Heroes, where he posted a career-high 26 home runs and 90 RBIs, Song is set to attract significant attention in the upcoming MLB offseason.
At just 29 years old, the left-handed hitter has established himself as a formidable player in South Korea’s KBO League. Over his nine-season career, which included stints with Nexen and Kiwoom, Song boasts a batting average of .284, alongside a total of 80 home runs and 454 RBIs.
This posting period, which lasts 30 days for South Korean players, allows MLB teams to negotiate contracts with Song. The financial implications of signing a player through the posting system are significant. Under the current agreement between MLB and the KBO League, the posting fee structure is as follows: 20% of the first $25 million of the contract, 17.5% of the next $25 million, and 15% for any amount exceeding $50 million. Additionally, teams must pay a supplemental fee of 15% on any earned bonuses and salary escalators.
Song’s impressive performance in the KBO not only makes him a key prospect but also raises expectations about his potential impact in the MLB. Teams will be closely monitoring his progress as they prepare for the upcoming season.
This announcement marks a significant moment for both Song and the MLB, as international talent continues to reshape the landscape of baseball in the United States. Fans and analysts alike are eager to see which team will secure this promising player, and how he will adapt to the challenges of major league play.
As the posting period unfolds, stay tuned for updates on Sung-mun Song’s future and the interest he garners from MLB teams.
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