a couple of pages prior we, myself included made fun of ryu's apparent girth which got me to thinking... this isn't the first time we acquired a portly left-hander from a foreign land its just the other one came with much less fanfare or documented history... now if ryu can be somehow produce 3 years as good as any of fernando's first 6+ then this is/was a great signing imo ryumania? ^ you heard it here first
You do that. I will continue to call it what it is, a $61 million/6 year contract. I guess it's technically $31 million for year 1, and $30 million/5 years after that.
@Dodgers: Hyun-Jin Ryu's introductory press conference will be carried live on @FoxSportsWest #PrimeTicket. Tune in at 2pm: http://t.co/KKbA7gU1
more fernando parallels... ryu won mvp and rookie of the year in the same season in korea fernando won mvp and rookie of the year here in 1981
The cool part about it is that the deal can still be fine even if he is not a legit starter until next year (well kinda, let me do some math) The contract breakdown is: 5 mil signing bonus, 2 mil in 2013, around 4 mil in 2014, around 4 mil in 2015, 7 mil in 2016-2018 The posting fee was 25 mil, so averaging that out over 6 years (which is kinda bad economic sense given that it's a one time fee, but for the sake of his financial value it's not right to just ignore that), it comes out to a little more than 4, and then adding and spreading the signing bonus over 6 years and you get 5 mil average per 6 years. So basically, if you want to spread out the signing bonus and posting fee and average it out over the contract you get: 7 mil in 2013, 9 mil in 2014-2015, 12 mil in 2016-2018 Now, if in 2013 he is a lefty one inning reliever/long reliever and is succesful at it, 7 mil is an over pay for that but not HUGE in my opinion (again, a lot of it has to do with how good he is in that role). I'm just throwing out that the worst case scenario in terms of his role for 2013 isn't the end of the world and doesn't make the signing a shit signing. Now, if he doesn't fill in to at least back end by 2014, it becomes a bit scary. But if he becomes a #4 and maybe at the end of the deal a legit #3, this is a fucking great signing. (obviously I have zero clue to what he is going to be, and a #3 might be a reach for a realistic goal) And end ramble.
well dodger stadium is going to be full one way or the other. not only is this a good move for the staff but that signing fee will be paid back this year by koreans piling into the stadium like they did for chan ho.
Ryu's contract includes a $5 million signing bonus and up to $1 million a year in bonuses for innings pitched but does not have a no-trade clause. He will be introduced by the club Monday in a 2 p.m. PT news conference. http://losangeles.dodgers.mlb.com/n...1209&content_id=40590060&vkey=news_la&c_id=la
link to the live press conference! http://losangeles.dodgers.mlb.com/video/play.jsp?topic_id=16646644&c_id=LA&content_id=25523959
