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KBO’s SSG Landers Re-Sign Roenis Elias, Guillermo Heredia

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The SSG Landers of the Korean Baseball Organization have re-signed left-hander Roenis Elias and outfielder Guillermo Heredia, per Jeeho Yoo of Yonhap News. The report goes on to note that Elias signed for a $1MM salary while Heredia signed for $1.5MM.

A veteran of seven MLB seasons, Elias began his career as a starting pitcher with the Mariners back in 2014. After missing much of the 2016 and ’17 seasons due to injury, Elias later transitioned to the bullpen. He found success in that role with both the Mariners and Nationals, pitching to a 3.30 ERA across 71 appearances from 2018-19. Unfortunately for Elias, Tommy John surgery in early 2021 would derail his newfound relief career somewhat. He pitched just 7 2/3 innings in the majors following his surgery.

Elias began starting again during the 2022-23 offseason, and initially signed on with the Cubs on a minor league deal that winter. After making four starts with the club at the Triple-A level, he was picked up by the Landers for the remainder of the 2023 campaign. He did fairly well in his return to starting, with a 3.70 ERA in 131 1/3 innings for SSG last season that placed him in the middle of the club’s rotation behind fellow former big leaguers Kwang Hyun Kim and Kirk McCarty. He figures to continue in that role with the Landers in 2024, his age-35 campaign.

Heredia joined the Mariners back in 2016 after defecting from Cuba and spent seven seasons in the majors as a fourth outfielder, slashing .231/.310/.346 while playing solid defense across all three outfield spots for the Rays, Pirates, Mets, and Braves as well as the Mariners. Heredia was non-tendered by the Braves following the 2022 campaign and signed with the Landers shortly thereafter. Heredia excelled in an everyday role with SSG this past season, slashing .324/.385/.461 while hitting 12 home runs, a career-best for him at any level of professional baseball. Heredia figures to continue in his role as the Landers’ everyday left field in 2024 while also seeing occasional time in center.

Victor Reyes Signs With KBO’s Lotte Giants

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8:38pm: According to Jeeho Yoo of Yonhap News, Reyes is set to make $950K in 2024. Yoo also notes that the Giants have re-signed former Twins left-hander Charlie Barnes to a one-year, $1.35MM contract. Barnes, 28, pitched 38 innings in the majors for Minnesota back in 2021 and posted a 3.28 ERA across 30 starts with Lotte this past season.

7:49pm: Former big league outfielder Victor Reyes has signed a deal with the Korea Baseball Organization’s Lotte Giants, per Jon Heyman of the New York Post. The terms of the deal are not currently known.

Reyes, 29, signed with the Braves out of Venezuela back in 2012. After three seasons with Atlanta, Reyes was swapped to the Diamondbacks in 2015 before getting selected as the first pick of the Rule 5 draft in 2017 by the Tigers. He made his big league debut in 2018 with 100 appearances largely as a bench bate and late-inning defensive replacement, sticking on the roster long enough to become a permanent member of the Tigers organization. Though Reyes never secured a full time role in Detroit, the switch hitter performed fairly well in a fourth outfield role, slashing .274/.306/.398 (91 wRC+) from 2019-22 while playing strong outfield defense and going 24-for-32 on the basepaths.

Reyes became a minor league free agent following the 2022 season and eventually joined the White Sox on a minor league deal. He performed well across 128 games at the Triple-A level, slashing .279/.330/.462 across 546 trips to the plate while clubbing 50 extra base hits including 20 home runs. While Reyes ultimately never made it into a big league game with Chicago last season, the improved power potential he flashed in the minors has seemingly earned him attention overseas, leading to this deal with the Giants.

Stateside players who haven’t managed to stick in the big leagues often head overseas in hopes of making their way back to the big leagues later on while making more than they would be able to on a typical minor league contract. Eric Thames and Darin Ruf are among the hitters who revitalized their big league careers with a sojourn to Korea, and most recently right-hander Erick Fedde won the KBO’s MVP award this past season and subsequently earned himself a two-year, $15MM guarantee with the White Sox earlier this winter. Reyes will surely hope to follow in the footsteps of those players as he continues his professional career on the other side of the world.

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.

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