Cody Ponce Signs With KBO’s Hanwha Eagles

After a rough season in NPB, right-hander Cody Ponce is trying his luck in the KBO. The Hanwha Eagles announced that they have signed Ponce to join their pitching staff in 2025 (h/t to Dan Kurtz of MyKBO.net). His contract is a one-year deal worth $1MM in USD, and it includes a $200K signing bonus (per Jeeho Yoo of Yonhap News).

Ponce began his professional career in the Brewers organization, agreeing to a $1.108MM signing bonus as the 55th overall pick in the 2015 draft. While he was never a highly-regarded prospect, Baseball America ranked him at no. 9 in Milwaukee’s system entering the 2016 season and included him among the team’s top 30 in each of the next three years. His minor league numbers were typically solid if never especially inspiring; over 394 innings in the Brewers org from Rookie Ball to Double-A, he pitched to a 3.72 ERA and 3.62 FIP. He looked sharper after moving into a more regular relief role at Double-A Biloxi partway through the 2018 season, putting up a 3.29 ERA and 3.11 FIP in 82 IP.

The Brewers dealt Ponce to the Pirates in exchange for Jordan Lyles at the 2019 trade deadline. It was with Pittsburgh that the right-hander made his few big league appearances, pitching in 20 games from 2020-21. Over 55 1/3 innings, he allowed 34 runs (30 earned), good for a 5.86 ERA. He gave up 13 home runs and struck out just 19.6% of the batters he faced. While his 4.38 SIERA was a little more promising than the rest of his numbers, he failed to impress the Pirates brass. At the end of the 2021 season, the team granted him his release to pursue an opportunity in Japan.

Ponce spent the 2022 and ’23 seasons with the Hokkaido Nippon-Ham Fighters. He looked solid with the Fighters, pitching to a 3.35 ERA over 83 1/3 innings in 2022 and a 3.66 ERA over 51 2/3 innings in 2023. However, things took a turn for the worse after he signed with the Tohoku Rakuten Golden Eagles for the 2024 campaign. Across 67 innings, he put up an ugly 6.72 ERA. His 3.50 strikeout-to-walk ratio was actually significantly better than it was in his first two NPB seasons, and his home run rate was only slightly higher than the league average. Nevertheless, he struggled badly to keep hitters off the bases and runs off the board. On the bright side, his numbers were much better with the club’s farm team in the Eastern League, with whom he pitched to a 2.25 ERA in another 60 innings of work.

As he heads from one Eagles club to another, Ponce will hope for better results on balls in play in his age-31 season. If he can perform more like he did in his first two NPB seasons, he has the skills to be a productive arm for the Hanwha Eagles in 2025.