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David McKinnon Signs With KBO’s Samsung Lions

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Former Angels and Athletics corner infielder David MacKinnon has signed with the Samsung Lions of the Korea Baseball Organization, the team announced. Jee-ho Yoo of South Korea’s Yonhap News Agency tweets that MacKinnon is guaranteed $1MM on the deal — a $900K salary and $100K signing bonus.

MacKinnon, who turns 29 today, was a 32nd-round pick by the Angels in 2017 and made a brief big league debut in 2022, appearing in 22 games and taking 57 turns at the plate between Anaheim and Oakland. He posted a tepid .140/.228/.140 slash in that tiny sample, but MacKinnon has posted a hearty .294/.412/.464 slash in his minor league career — including a gaudy .318/.416/.585 output in his 2022 Triple-A run between the Angels and A’s organizations.

That minor league production led to interest from Japan last offseason, and MacKinnon spent the ’23 campaign playing for Nippon Professional Baseball’s Seibu Lions. He batted .259/.327/.401 and swatted 15 homers in 514 plate appearances there, and he’ll now jump to the KBO and continue to earn at a rate that vastly outpaces anything he’d earned as a late-round draft flier and career minor leaguer.

KBO’s KT Wiz Re-Sign Wes Benjamin

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Wes Benjamin re-signed with the KT Wiz of the Korea Baseball Organization yesterday, the team announced (h/t to Dan Kurtz of MyKBO). The left-hander will make $1.4MM.

Bejamin, 30, goes into his third season with the team. He initially joined the Wiz in May 2022. After posting a 2.70 ERA in 17 starts, he re-signed last offseason. Benjamin turned in a 3.54 ERA across 29 starts and 160 innings. He struck out 23% of opposing hitters against a 6.5% walk rate.

Prior to going to Korea, the former fifth-round pick pitched for the Rangers. He got into 21 games for Texas between 2020-21, allowing 6.80 earned runs per nine through 45 innings. Benjamin had signed a minor league deal with the White Sox for the ’22 campaign. He made seven starts for the Sox’s Triple-A affiliate before being granted his release to move to the KBO.

The Wiz also re-signed William Cuevas and brought back outfielder Mel Rojas Jr. last week. That trio takes their allotted three roster spots for foreign-born players to open the season.

KBO’s NC Dinos Sign Daniel Castano

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The NC Dinos of the Korea Baseball Organization have signed former Marlins lefty Daniel Castano to a one-year contract, the team announced (English-language link via Jee-ho Yoo of South Korea’s Yonhap News Agency). He’ll earn $650K in guaranteed money between his salary and signing bonus, and he can take home another $200K via incentives.

Castano, 29, came to the Marlins alongside future stars Sandy Alcantara and Zac Gallen (later flipped to Arizona for Jazz Chisholm Jr.) in the trade that sent Marcell Ozuna to St. Louis. He’s appeared in each of the past four seasons with Miami, logging a total of 88 2/3 innings. Along the way, the former 19th-round pick has posted a 4.47 earned run average with a 12.4% strikeout rate that’s roughly half the league average and a solid 7.9% walk rate.

Castano has appeared in parts of three Triple-A seasons with the Marlins and produced generally similar run-prevention numbers, albeit with a much better strikeout rate. In 174 innings with Miami’s top affiliate in Jacksonville, he’s logged a 4.24 ERA, 20.6% strikeout rate and 7.3% walk rate. He’s expected to work as a starter with the Dinos, per general manager Sun-nam Lim.

The Marlins outrighted Castano off the 40-man roster in September, and he became a free agent following the season. He’d likely have been in line for a minor league deal were he to sign with an MLB organization, at which point he’d have earned at a prorated deal not far north of the MLB minimum for any time spent in the big leagues. The $650K guarantee alone should top what he might’ve made under that scenario, and the incentives give him further earning potential.

If things go well for Castano in the KBO, he could position himself to re-sign for a guarantee closer to seven figures next year, and with enough success he could draw interest from Japan’s NPB or even on a return to the big leagues. He only just turned 29 in September, so he’s still young enough to make his way back to North American ball in a few years, depending how he fares overseas.

KBO’s KT Wiz Re-Sign William Cuevas

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The KT Wiz of the Korea Baseball Organization announced last week that they’ve re-signed righty William Cuevas and outfielder Mel Rojas Jr. for the 2024 season (h/t to Jeeho Yoo of Yonhap). Cuevas will make $1.5MM, while Rojas is set for a $900K salary.

Cuevas and Rojas are each KBO veterans. The former has some major league experience, pitching with the Red Sox and Tigers between 2016-18. Cuevas pitched in Korea from 2018-22 and signed a minor league deal with the Dodgers entering last season. After a couple months in Triple-A, he was granted his release to sign a new contract with the Wiz.

The 33-year-old was brilliant in his return to Korea. He worked to a 2.60 ERA over 18 starts in the season’s final four months. Cuevas struck out 21.7% of opponents while keeping his walks to a modest 5.2% clip. While he probably could’ve found another minor league opportunity, it’s no surprise he opts for the much stronger salary he’ll receive for what will be his sixth season as a member of the Wiz.

Rojas has been on MLB radars in past offseasons but hasn’t signed with a big league club since initially joining the Wiz during the 2017 season. He hit .321/.388/.594 over parts of four KBO seasons, winning the league’s MVP award in 2020. He spent the 2021-22 campaigns in Japan and played in the Mexican League last year.

KBO’s Kiwoom Heroes Re-Sign Ronnie Dawson

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The Kiwoom Heroes of the Korea Baseball Organization announced that they have re-signed outfielder Ronnie Dawson, as relayed and translated by Dan Kurtz of MyKBO.net. The outfielder will get a $550K salary with $50K of incentives also available.

Dawson, 29 in May, has four games of MLB experience, three with the 2021 Astros and one with the 2022 Reds. In April of 2023, he signed with the Lexington Counter Clocks of the Atlantic League and hit a solid .282/.363/.512 in 64 games for that club.

He was able to parlay that into a job with the Heroes in July, then got into 57 games for that club in the second half. He hit just three home runs but was hard to get out, as he slashed .336/.399/.454. He also stole nine bases while getting caught just twice and lined up defensively in center and left field.

Based on that performance, the Heroes will keep him around for 2024. If Dawson continues to perform well, he could earn himself continued opportunities in Korea or perhaps a jump to Japan or a return to North America down the line.

Felix Pena Re-Signs With KBO’s Hanwha Eagles

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The Hanwha Eagles of the Korea Baseball Organization have re-signed righty Félix Peña (h/t to Jeeho Yoo of Yonhap News). The former big leaguer will collect a $200K signing bonus and a $650K salary with an additional $200K available in incentives.

Peña has spent a year and a half in Korea. He first signed with the Eagles midway through the 2022 campaign. After posting a 3.72 ERA down the stretch, he re-signed on an $850K guarantee last winter. Peña was a durable rotation piece for the Eagles, taking the ball 32 times and tossing 177 1/3 innings. He worked to a 3.60 ERA despite a middling 19.6% strikeout rate.

The 6’2″ righty pitched for the Cubs and Angels over an MLB career that spanned 2016-21. His best season came with the Halos in 2018, when he turned in a 4.18 ERA over 92 2/3 innings. Peña has allowed 4.66 earned runs per nine over his 260 2/3 career big league frames. He’ll turn 34 in February.

White Sox, Erick Fedde Agree To Two-Year Contract

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The White Sox are in agreement with right-hander Erick Fedde on a two-year, $15MM contract, reports Jeff Passan of ESPN (X link). The deal is pending a physical. MLB.com’s Mark Feinsand reported last night that Fedde, a client of the Boras Corporation, was nearing a two-year pact and named the White Sox and Mets as finalists.

Fedde returns to the majors after one season in South Korea. He’d signed a one-year, $1MM pact with the KBO’s NC Dinos last December. A few weeks earlier, Fedde had been non-tendered by the Nationals, with whom he’d spent his entire pro career up to that point. Within 12 months, he has dramatically raised his profile.

The 30-year-old righty turned in an excellent season for the Dinos. He pitched to a 2.00 ERA in 180 1/3 innings covering 30 starts. He struck out an excellent 29.5% of batters faced while walking under 5% of opposing hitters. As a result of that dominant showing, he was named the KBO’s Most Valuable Player.

Before his move to Korea, Fedde had a fairly nondescript run in Washington. The 6’4″ hurler was a first round draft choice in 2014. He received some Top 100 prospect attention as a potentially quick-moving college starter. Fedde got to the majors midway through the 2017 season but didn’t solidify himself in the rotation for a few years. He spent time on the injured list with shoulder inflammation during the 2018 campaign and bounced between the nation’s capital and Triple-A in ’19.

Fedde carved out a spot in the Nats rotation during the shortened 2020 campaign. He’d hold that role for the next three seasons, combining to log 310 2/3 innings over 67 appearances. The results weren’t great, as he posted a 5.42 ERA with a middling 18.1% strikeout rate. Rather than meet a projected $3.6MM arbitration salary last offseason, Washington moved on.

While surely a tough pill to swallow at the time, Fedde has come out ahead following the non-tender. This past August, he told the Washington Post’s Jesse Dougherty that he’d developed more horizontal action on his slider and tweaked the grip on his changeup as part of an overhauled approach in the pitching lab.

Between the repertoire adjustments and the dominance in a hitter-friendly KBO, Fedde secured the largest guarantee for a former affiliated pitcher returning from Korea. Each of Josh Lindblom, Merrill Kelly and Chris Flexen landed multi-year guarantees. Fedde is the first to cross the $10MM threshold, doing so rather handily.

The $7.5MM average annual value is a strong deal for the righty, although it could still turn out to be solid value for the Sox if Fedde can turn in league average results in the majors. Chicago is in desperate need of starting pitching. Dylan Cease had been the only pitcher on the roster who was clearly assured of a rotation spot and he’s widely expected to be traded. Fedde is almost certain to get a spot in the starting five, while Michael Kopech and trade pickup Michael Soroka have a decent chance at rotation roles. Jared Shuster, Jesse Scholtens and Touki Toussaint are also in the mix.

That’s still a lackluster group, particularly if the Sox wind up moving Cease. First-year general manager Chris Getz and his front office are likely to continue searching for starting pitching. The specific breakdown of Fedde’s contract has yet to be reported. If it’s distributed evenly, a $7.5MM salary would bring the Sox’s projected payroll (courtesy of Roster Resource) around $144MM. Getz has already suggested they’re not planning to approach their franchise-record spending mark, which topped $193MM, but they’re still more than $35MM shy of this year’s approximate $181MM Opening Day figure.

Image courtesy of USA Today Sports.

Jung Hoo Lee, Woo Suk Go Officially Posted

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11:30am: Lee and reliever Woo Suk Go have both been officially posted, per Alden González of ESPN. The posting window for each starts tomorrow at 7am Central and goes until 4pm on January 3. It was reported a few weeks ago that Go would likely be posted for MLB clubs.

2:12am: The Kiwoom Heroes of the KBO will post Jung Hoo Lee today, the team announced (as reported by Jeeho Yoo of Yonhap News). MLB clubs will have a 30-day window to negotiate with the South Korean star, beginning on Tuesday, December 5 at 7:00 am CT.

Lee is expected to sign a multi-year deal, with the MLBTR prediction coming in at five years and $50MM. In addition, the MLB team that signs him will owe the Heroes a posting fee, calculated as 20% of the first $25MM in his contract, 17.5% of the next $25MM, and 15% of any additional salary. Therefore, if Lee signs for $50MM exactly, his posting fee will total another $9.375MM. That’s no small number, but it’s hard to imagine it would scare off any serious contenders for his services.

After all, Lee is widely considered one of the best position players available in free agency; he ranked 15th on the MLBTR Top 50 Free Agents list. While it can be difficult to predict how hitters from foreign leagues will adjust to MLB pitching, the young outfielder’s resume is impossible to ignore.

A five-time winner of the Golden Glove Award, given annually to the top overall player at each position, the 25-year-old has slashed .340/.407/.491 with 65 home runs and 69 stolen bases across seven seasons in the KBO. He plays all three outfield positions, including center field, but it is his hit tool that has already brought him so much success in his young career. Lee has never hit below .318 in a season, batting as high as .360 in his 2022 MVP campaign.

Even in an injury-shortened 2023 season, Lee posted an .860 OPS and a 139 wRC+ in 86 games. Some MLB suitors might be concerned by the ankle injury that cost him the final few months of the KBO calendar, but there is currently no reason to believe he won’t be ready for spring training. Thus, he will surely draw widespread interest over the next 30 days given his youth and consistently excellent performance throughout his professional career. As of mid-November, Jon Heyman of the New York Post reported that 20 different teams were keeping tabs on Lee. Those known to be interested include the Yankees, Giants, Padres, and Mets.

Free Agent Notes: Imanaga, Fedde, Barnes

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Left-hander Shota Imanaga was officially posted by the Yokohama BayStars of Japan’s Nippon Professional Baseball late last month, kicking off a 45-day window during which he’ll be eligible to sign with major league clubs. While Imanaga only just officially joined the ranks of MLB’s free agents days ago, he’s long been expected to be posted this offseason. That’s allowed Imanaga’s free agency to develop considerable buzz in recent months.

While he’s largely been overshadowed by NPB superstar Yoshinobu Yamamoto, who’s widely considered the top starting pitcher on this offseason’s market, Imanaga is an impressive pitcher in his own right who is expected to be a potential mid-rotation arm in the big leagues with a low-nineties fastball as part of a deep pitch mix that Brandon Tew of Sports Info Solutions recently profiled. MLBTR ranked Imanaga tenth (sixth among starting pitchers) on our annual top 50 free agents list and projected him for a five year, $85MM deal. ESPN’s Jeff Passan suggests that Imanaga’s market may be even stronger than expected, noting in a recent article that while teams were initially hopeful the southpaw could be had on a deal similar to the five-year, $75MM pact Kodai Senga landed last offseason, his final deal figures to exceed that, potentially to the point of approaching a $100MM guarantee.

Should Imanaga’s contract ultimately reach the $100MM range suggested by Passan, it would be a major win not only for Imanaga but also the BayStars. Imanaga’s free agency is subject to the MLB/NPB posting system, under which the team that signs the left-hander would owe the BayStars a posting fee worth as much as 20% of Imanaga’s total guarantee, with the percentage going down as the price of Imanaga’s contract goes up. If Imanaga were to sign for $100MM guaranteed, the BayStars would receive approximately $16.9MM, or just over $2MM more than they would receive if Imanaga signed an $85MM deal in line with MLBTR’s projections. The Cubs, Red Sox, and Mets have all been connected to Imanaga so far this offseason, though it’s certainly possible more teams are involved in the bidding for the 30-year-old’s services.

More free agent notes from around the league…

  • Former Nationals top prospect Erick Fedde is among the most interesting free agents on the market this offseason after a dominant season with the NC Dinos of the Korea Baseball Organization. Previous reports have indicated that Fedde, who sports a career 5.41 ERA across six seasons in the majors but altered his repertoire before dominating to the tune of a 2.00 ERA across 30 starts with the Dinos this year, has garnered interest from both the Dinos and MLB clubs. Su-eun Jeon of Baseball Korea (h/t Dan Kurtz of MyKBO) adds additional clarity to those reports, noting that Fedde has received interest from two MLB teams and a team in Japan’s NPB in addition to the offer he’s received to return to the Dinos. While it’s possible that Fedde could look to return to stateside ball this offseason, it’s worth noting that no former big leaguer returning from the KBO has secured a guarantee of even $10MM in the majors. That could lead Fedde to bet on himself by either remaining with the Dinos in hopes of a similarly dominant season in 2024 to further bolster his case for a more significant pact, or even consider a move to Japan in order to face NPB’s stiffer competition.
  • Fedde isn’t the only American-born player of note who could look to return to the majors this offseason, as MLB Network’s Jon Morosi suggests left-hander Charlie Barnes is expected to garner MLB interest in free agency this offseason. Barnes, 28, was a fourth-round pick by the Twins in the 2017 draft and made nine appearances with the big league club in 2021. He struggled to a 5.92 ERA and 5.06 FIP in 38 innings of work for Minnesota across nine appearances. He’s spent the two years since then pitching for the KBO’s Lotte Giants, with a combined 3.46 ERA in 61 starts. Looking just at his 2023 season, Barnes struck out 20% of batters faced with a 3.28 ERA in 170 1/3 innings of work. In addition to the aforementioned MLB interest, Morosi suggests that the Giants are expected to have strong interest in retaining Barnes, who served as the ace of their staff this season.

MLB Tenders Status Check On KBO Reliever Deok Ju Ham

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Major League Baseball has tendered a status check with the Korea Baseball Organization on left-handed reliever Deok Ju Ham, reports Jee-ho Yoo of South Korea’s Yonhap News Agency. The status check is a formal procedure when big league clubs are showing interest in a KBO player. Ham is a true unrestricted free agent due to the fact that he’s already accrued more than nine years of service time in the KBO. As such, he can sign with any team — KBO, MLB, NPB or otherwise — without requiring a transfer via the posting system.

Ham, 29 in January, was a key bullpen arm for the KBO champion LG Twins this past season, pitching to an outstanding 1.62 earned run average with a 26.6% strikeout rate, 9.9% walk rate and 59.8% ground-ball rate in 55 2/3 innings. Injuries limited his innings and effectiveness in 2021-22, but overall Ham possesses a strong track record. Dating back to 2018, he sports a 3.04 ERA with a 23.4% strikeout rate. He’s walked an unsightly 12% of his opponents over that span, but a good portion of those command struggles came during his injury-shortened 2021-22 campaigns (when he dealt with elbow troubles and frequent blister issues, per Yoo). In his past two full, healthy seasons (2020 and 2023), Ham posted walk rates of 8.8% and 9.9%. Those are still sub-par marks but not quite as alarming as walk rates he posted while batting injuries.

The status check from MLB to KBO is a clear indicator that Ham has drawn at least some level of interest from one or more MLB clubs, though the extent of that interest isn’t clear — nor is the identity of the team(s) in question. Status checks on KBO players do not always portend a deal with a big league club, either. It’s possible Ham ultimately prefers to stay in South Korea and/or simply finds more lucrative deals in his current setting.

Yoo notes that Ham features four pitches — four-seamer, slider, curveball, changeup — the best of which is his changeup. That explains Ham’s reverse splits in 2023, as the changeup gives him a weapon to neutralize opposite-handed opponents. Ham is not a hard-thrower, however, and relies more on a deceptive delivery than overpowering stuff.

Because Ham is a true free agent, there’s no set negotiation window with MLB clubs and thus no good way of knowing when he might decide between testing the MLB waters or returning to the KBO (be it with the Twins or a new team in free agency). Given his track record and his excellent platform year with the eventual Korean Series champions, Ham should have offers to remain in South Korea if MLB teams don’t make any compelling offers.

The offseason market for left-handed relievers includes a handful of solid veterans beyond top dog Josh Hader, who could establish a new benchmark for bullpen contracts this winter. Aroldis Chapman, Matt Moore, Wandy Peralta, Brent Suter, Will Smith and star NPB left-hander Yuki Matsui are among the non-Hader options available. One point in Ham’s favor is that he’s considerably younger than most of the other free agents; Matsui is heading into his age-28 season, but the most established lefties on this winter’s market are all in their mid-to-late 30s.

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