kt, you solved the last puzzle… FA contract with Park Byeong-ho for 3 years and 3 billion won

Professional baseball free agent Park Byeong-ho (left) shakes hands with KT Wiz’s CEO Nam Sang-bong after signing a 3-year free agent contract with KT Wiz for a total of 3 billion won at Suwon KT Wiz Park on the 29th. Provided by kt wiz

Professional baseball KT Wiz solved the final puzzle for the second consecutive year as they caught Byeong-ho Park (35), who hit 327 home runs in the KBO league.

On the 29th, kt announced that it had signed a 3 year contract with free agent Park Byeong-ho for a total of 3 billion won, including a down payment of 700 million won, annual salary of 2 billion won, and options 300 million won.

KT invested a total of 5.25 billion won, including 2.25 billion won to be paid to Kiwoom Heroes, Park Byung-ho’s original team.

As is well known, Park Byeong-ho joined the LG Twins with the first draft in 2005 and spent a long time as an unknown player.

After being traded to Nexen Heroes (now Kiwoom) in 2011, it was in full bloom.

He won the MVP award for two years in a row and the home run trophy for four years in a row, and signed a contract with the Minnesota Twins in 2016 to advance to the MLB.

Park Byeong-ho returned to the KBO League in 2018 and continued his role as a central hitter for Kiwoom.

Starting from the 2020 season, his skills dropped, such as recording a batting average in the early 20s, but he still showed off his slugging power by hitting more than 20 home runs in a season.

KT suffered a slump at the end of this year’s regular season due to a team batting slump.

kt won the combined championship after twists and turns, but after the season ended, team leader Yuhan-jun retired, leaving a gap in the batting line.

Accordingly, kt began to reinforce other lines, and signed a contract with Park Byeong-ho to fill the void.

“Park Byeong-ho is a player who worked hard for a month,” said Lee Sung-yong, KT general manager. “I’m happy to be with the best hitter.”

KT manager Lee Kang-cheol said, “Park Byeong-ho is a player who can fill Yuhan-jun’s vacancy.

Park Byeong-ho said, “I am grateful to the club for treating me well.” He said, “I came to kt, which is the winning team this season and is young and ambitious.

Meanwhile, Kiwoom has made more than 10 billion won in profits by utilizing Park Byeong-ho, the best long hitter in the KBO for the past 10 years.

In 2011, Kiwoom made a 2-2 trade with Park Byeong-ho, who played for the LG Twins, and Shim Soo-chang, instead of accepting Shim Soo-chang, and Seong-hyeon Kim and Seong-hyeon Kim in a 2-2 trade in 2011.

Park Byeong-ho grew up in Kiwoom, and in November 2015, he joined the Minnesota Twins of Major League Baseball (MLB) through the posting system (private competitive bidding).

At this time, the posting cost that Minnesota gave to Kiwoom as a condition of signing Park Byung-ho amounted to 12.85 million dollars (15.26 billion won).

Park Byeong-ho returned to Kiwoom in 2015, but this year he transferred to kt and gave 2.25 billion won in compensation to his former team again.

Kiwoom earned a total of 19.01 billion won from the recruitment and transfer of Park Byung-ho.

The total annual salary that Kiwoom gave to Park Byung-ho for nine seasons was 8,024 billion won.

Kiwoom made 10.98 billion won in profit by using Park Byeong-ho.


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