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Byung-ho Park Signs With KBO’s KT Wiz

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First baseman Byung-ho Park has signed with the KT Wiz of the Korea Baseball Organization, the team announced. It’s a three-year deal that’ll pay him $2.5MM (h/t to Jeeho Yoo of Yonhap).

Park, 35, has spent the bulk of his professional career in South Korea. He broke in as an 18-year-old in 2005 and spent his first few seasons with the LG Twins. By 2011, he’d moved to the Nexen Heroes and quickly emerged as a middle-of-the-order masher. He posted an OPS above 1.000 in each season from 2013-15, blasting 50+ home runs in each of the latter two years of that run.

While that stretch marked the best few years of Park’s career, he’s better known in the United States for his stint with the Minnesota Twins. After the 2015 campaign, the Heroes made the right-handed hitter available to big league clubs via the posting system. At that time, the posting process involved blind bidding for the right to negotiate with the player. (The most recent CBA completely changed the system, and the posting fee is now determined as a percentage of the player’s contract).

The Twins won the bidding by paying a $12.85MM posting fee to the Heroes, giving them a month’s window of exclusive negotiation to hammer out a deal with Park. They eventually agreed upon a four-year, $12MM deal that brought the Twins’ total outlay just under $25MM in hopes of adding an impact bat to the lineup.

Unfortunately for Park and the Twins, that proved not to be the case. He struggled to a .191/.275/.409 line over 244 MLB plate appearances in 2016, punching out at an alarming 32.8% clip. The Twins outrighted him off the 40-man roster that offseason, and he spent the entire 2017 campaign in Triple-A. At the end of that second season, Park requested and was granted his release to return to his home country, with contemporary reports indicating he forewent some or all of his remaining guaranteed money from Minnesota to do so.

Park has spent the past four seasons with the Heroes, mashing over the first two years before enduring an offensive dip in each of the past two campaigns. He’s coming off a .229/.322/.433 showing that’s his least productive in the KBO in over a decade. He’ll now make the jump to his third KBO organization, leaving the Heroes to sign with the Wiz.

Byung-Ho Park Returns To KBO’s Nexen Heroes

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TODAY: Park says he does not “have any regrets” despite heading home with some “disappointment” after two years in affiliated ball, according to a report from Lee Hyeong-Seok and Kim Hyo-Kyung of Korea JoongAng Daily (h/t Dan Kurtz of MyKBO.net). The article seemingly suggests that Park will walk away from the remainder of his guaranteed money from the Twins, preferring to give up some earnings in order to make it back to the KBO, though it’s also still possible that the interested parties are hammering out the financial details.

YESTERDAY, 10:28pm: The details of Park’s return (such as his walking away from the remainder of his MLB contract) haven’t yet been finalized between the Heroes, the KBO and the Twins, Mike Berardino of the St. Paul Pioneer Press reports.  “It will be a while before it is all worked out,” a source with knowledge of the situation tells Berardino, though the Twins are expected to ultimately release Park.

10:02pm: Park will forfeit the remaining $6.5MM on his Twins contract in order to facilitate the move to KBO, as per a Naver Sports report (hat tip to Sung Min Kim of the River Ave Blues blog).

8:57pm: The Nexen Heroes of the KBO League have signed first baseman Byung-Ho Park to a one-year deal, Jeeho Yoo of Yonhap News reports (Twitter links).  Park will earn $1.4MM (or 1.5 billion South Korean won) in the contract.

According to Yoo, the Twins accommodated Park’s request to release him from the remaining two years on his original four-year, $12MM contract with the club in order for Park to return to his home country.  Unless some type of arrangement was worked out between the Twins and the Heroes, Minnesota is on the hook for all of the remaining $6.5MM on Park’s MLB contract — $3MM in each of the 2018 and 2019 seasons, plus a $500K buyout of a $6.5MM club option for 2020.

The transaction officially ends a disappointing tenure for Park in Major League Baseball.  The Twins paid $12.85MM to win negotiating rights with Park in December 2015 and then guaranteed him another $12MM with that four-year deal.  The result was a .191/.275/.409 slash line with 12 homers over 244 plate appearances in 2016, as Park had trouble making contact (80 strikeouts) and also battled a wrist injury that eventually required surgery.  Minnesota outrighted him off their 40-man roster last February and Park never again reached the bigs, hitting .253/.308/.415 over 455 PA at the Triple-A level last season.

Park was reportedly still in the Twins’ plans for 2018, as he was even preparing to spend much of the offseason training at the team’s facilities.  Still, Park was signed before the Derek Falvey/Thad Levine regime took over in Minnesota, so it could be that the new front office just wanted to part ways with a player that no longer seemed to fit on the 25-man roster.  Joe Mauer is still entrenched at first base, and while the DH slot is currently slated to be filled by the uninspiring duo of Robbie Grossman and Kennys Vargas, the Twins are interested in Shohei Ohtani and are surely open to using the two-way star as a designated hitter when he isn’t on the mound.  Even if Ohtani can’t be signed, Miguel Sano may also be a candidate for more DH time as the slugger recovers from leg surgery.

Park now returns to the KBO League, where he posted superstar numbers over parts of nine seasons from 2005-15 (including four-plus years with Nexen Heroes).  Park hit .281/.387/.564 with 210 homers over 3271 PA in South Korea, an impressive enough showing to catch the eye of the Twins and other teams in the 2015-16 offseason when Park expressed interest in coming to North America.

AL Central Notes: Royals, Abreu, Park

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With Eric Hosmer, Lorenzo Cain, Mike Moustakas and Alcides Escobar all hitting free agency, this offseason will mark the end of an era in Royals history.  Sam Mellinger of the Kansas City Star looks back at those players’ most memorable moments with the team, and as you might expect, those moments line up with the Royals’ postseason runs in 2014 and 2015.  It’s unclear how many of the free agents, if any, will be back in K.C. next season; over 39% of respondents in a recent poll of MLBTR readers felt that Hosmer, Cain and Moustakas will all be playing elsewhere in 2018.  Still, there’s no question that the Royals and their fans enjoyed some wonderful memories with this core group or stars, highlighted by the 2015 World Series title.

Some more from around the AL Central…

  • The rebuilding White Sox face several pros and cons about potentially dealing Jose Abreu, CSN Chicago’s Dan Hayes writes.  Abreu’s trade value is high in the wake of an excellent season, and since he turns 31 in January and is only controlled through the 2019 season, it isn’t clear if he’ll be still around or still productive when the Sox are again contenders.  On the other hand, Abreu is a respected clubhouse mentor (an important role for such a young team) and he keeps in excellent shape, so he could ward off the usual decline that hits players as they get into their 30s.
  • 2017 has been a struggle for ByungHo Park, who spent the entire season in the minors.  While Park has yet to deliver on his four-year, $12MM contract, Twins chief baseball officer Derek Falvey tells Mike Berardino of the St. Paul Pioneer Press that “we have every expectation he’ll remain at this point” rather than explore a return to South Korean baseball.  In fact, Park will be spending much of the offseason in North America, working out at the Twins’ facilities.  The first baseman posted a .684 OPS over 244 plate appearances for the Twins in 2016, then hit .253/.308/.415 with 14 homers over 455 PA for Triple-A Rochester this season.  Despite these struggles and some injuries, Park has dealt with his situation “incredibly professionally,” Falvey said.

AL Notes: Park, Sabathia, Royals

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After an underwhelming start to his US career in 2016, Twins first baseman ByungHo Park has yet to appear in the Majors this season, Mike Berardino of the Pioneer Press notes. Park arrived in the US with fanfare but batted just .191 in his rookie season, and the 31-year-old is now hitting just .260/.318/.417 with just nine home runs over 368 plate appearances with Triple-A Rochester. Park’s friend and South Korean countryman Shin-Soo Choo says Park “really wants to do something here” in the United States. Choo’s comment came in what appears to have been a response to a question from Berardino about whether Park and the Twins might reach a deal on a buyout for the remainder of Park’s contract. Park is set to make $3MM in both 2018 and 2019, plus a $500K buyout or a $6.5MM option for 2020. Berardino quotes a scout, however, who notes that Park might not be able to make that kind of money were he to leave the US to return to the KBO. Here’s more from the American League.

  • Prior to yesterday’s game, the Yankees placed lefty CC Sabathia on the DL with knee inflammation. To take his place on the active roster, they recalled righty Jordan Montgomery from Triple-A Scranton/Wilkes-Barre. Sabathia left his last start due to issues with his knee, so his DL placement doesn’t come as a surprise, but his situation has to be frustrating for the Yankees — Sabathia is in the midst of a solid season, with a 4.05 ERA, 7.0 K/9 and 3.3 BB/9 thus far. Montgomery is scheduled to start tomorrow against Boston.
  • The Royals swing at more of the pitches they see — 50.9% — than any team, and are on pace to swing at more pitches than any team since at least 2002, Rustin Dodd of the Kansas City Star writes. The approach hasn’t been particularly successful overall — the Royals are currently tied for 12th in the AL in runs scored. Of course, Kansas City’s freest swingers include Salvador Perez (58.5% swing percentage) and Mike Moustakas (56.9%), who are both in the midst of good seasons. “You don’t think we address that all the time?” says Royals manager Ned Yost. “Of course, we do. We talk about being more selective and getting better pitches. But again, these guys are who they are.”

AL Notes: Rays, Twins, Athletics

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The Rays are on the lookout for a right-handed bat, which would come in the form of either a shortstop or an outfielder, reports Marc Topkin of the Tampa Bay Times. Their preference is to to land an outfielder who has options and can back up center fielder Kevin Kiermaier, per Topkin, who lists Bryce Brentz, Peter Bourjos, Austin Jackson, Rob Refsnyder and Justin Ruggiano as possibilities. Former Ray Melvin Upton Jr. might be a candidate, too, if the Blue Jays dump him, Topkin writes.

Elsewhere on the Rays front, Jesus Sucre is likely to join the newly signed Derek Norris as one of their two catchers, according to Topkin. Tampa Bay still needs to add Norris and Sucre to its 40-man roster, which means the club could look to trade one of its other backstops, Curt Casali or Luke Maile (probably Casali), relays Topkin.

The latest on two other American League clubs:

  • The Twins optioned right-hander Jose Berrios to Triple-A Rochester on Saturday, thus eliminating him from the competition for the final spot in their rotation. The job will go to either Adalberto Mejia or Tyler Duffey, whom Berrios fell behind while he was with Team Puerto Rico for 18 days at the World Baseball Classic. Berrios only threw 6 2/3 innings during that nearly three-week span, which hurt his chances of beginning the season in Minnesota, but he doesn’t regret participating in the tournament. “Playing for Puerto Rico is an honor; it makes me proud,” Berrios told Mike Berardino of the Pioneer Press through an interpreter. “I know this is my team, it’s my job. This is who drafted me. This is who I’m going to make it with, but you don’t get to play for Puerto Rico every day or every year. That’s not how it is.” The 22-year-old Berrios, who has dominated in the minors, still seems likely to end up in the Twins’ rotation sometime in 2017. If that happens, the former premier prospect will try to bounce back from a rough rookie year in which he posted an 8.02 ERA, 7.56 K/9 and 5.4 BB/9 over 58 innings.
  • It came as a surprise when the Twins designated DH Byung Ho Park for assignment in February, but he ultimately remained with the organization after clearing waivers. Nearly two months later, he has the inside track on a big league roster spot on account of Kennys Vargas’ less-than-ideal spring, per Berardino. Vargas, who was also with Puerto Rico at the WBC, has gone just 1 for 15 with three walks during the Twins’ exhibition season. His situation worsened when he fouled a ball off his left foot Friday, and is now on crutches. Although initial X-rays were negative, the Twins will send Vargas for further testing, writes Berardino. “If he doesn’t play for a week, it’s going to have an impact,” manager Paul Molitor said of Vargas’ chances of earning a place with the Twins. “He just hasn’t had many at-bats.”
  • Righty Jesse Hahn looks like the odd man out in the Athletics’ rotation battle, observes Susan Slusser of the San Francisco Chronicle. Judging by the A’s pitching schedule, they appear poised to go with Andrew Triggs and Raul Alcantara for their final two starting spots, Slusser notes. Hahn was subpar at both the major league and Triple-A levels last season, and he hasn’t bounced back with a decent spring. The 27-year-old has yielded 15 earned runs on 25 hits in 15 1/3 innings.

Central Notes: Quintana, Guerra, Perkins, Park, Williams

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The Pirates, Astros and Braves are among multiple teams still showing interest in White Sox lefty Jose Quintana, Yahoo Sports’ Jeff Passan reports.  Pittsburgh and Houston have been widely linked to Quintana on the rumor mill all winter long, while connections between Quintana and the Braves have been largely quiet since December, when Atlanta reportedly balked at Chicago’s very high asking price for the southpaw.  Several evaluators tell Passan that the Braves aren’t a great trade fit for the Sox, as while Atlanta’s farm system is very deep, its top prospects (Dansby Swanson, Ozzie Albies and Kevin Maitan) are all middle infielders, and Chicago already has Tim Anderson and Yoan Moncada slated as their up-the-middle combo of the future.  In short, not much has really changed on the Quintana front, as the Sox are in no rush to make a deal unless someone meets their price.  “The White Sox have dispatched more scouts than usual” to minor league camps, Passan writes, in a sign of due diligence should a good trade offer suddenly emerge.

Here’s more from both the NL and AL Central…

  • Also from Passan’s piece, two sources believe that after Quintana, the Brewers’ Junior Guerra is the best starter available on the trade market.  Guerra received a bit of trade buzz at the trade deadline and back in November, though there wasn’t much chatter about the righty.  Guerra came out of nowhere to post a 2.81 ERA, 7.4 K/9 and 2.33 K/BB rate as a 31-year-old rookie last season.  Despite his rather advanced age, his good performance and five remaining years of team control make him an interesting trade chip for Milwaukee.
  • Glen Perkins will meet with Twins trainers and coaches later this week to determine the next step of his rehab from shoulder surgery, Mike Berardino of the St. Paul Pioneer Press reports, and a 60-day DL stint is a possibility.  Perkins would have to give his consent to be placed on the disabled list, as per the rules of the collective bargaining agreement.  That placement would allow Minnesota to open up a 40-man roster spot for another player, though Perkins wouldn’t be able to return until June 1 at the earliest.  The veteran lefty has been limited to 20-pitch bullpen sessions every four days during Spring Training, and will start the season on at least the 10-day DL, though he is hopeful of being able to pitch much earlier than June 1.
  • Byung Ho Park was outrighted off the Twins’ 40-man roster last month, but the first baseman is trying to work himself back into the club’s immediate plans with a big Spring Training, MLB.com’s Rhett Bollinger writes.  Park has recovered from a wrist injury that hampered him during his rookie season, and he also seems generally more relaxed now that he is more used to MLB pitching.  According to South Korean reporters who followed Park in the KBO League, Bollinger writes that Park similarly put a lot of pressure on himself early in his career before settling in and becoming a major star for Nexen Heroes.  Since Kennys Vargas has one more option year remaining, Minnesota has the flexibility to send Vargas to Triple-A if Park impresses enough to win the DH job.
  • White Sox VP and former general manager Ken Williams has “not been this excited about the White Sox’ future in a long, long time,” he told media (including Daryl Van Schouwen of the Chicago Sun-Times).  Williams was resistant to GM Rick Hahn’s idea for a rebuild, though he noted that “a lot of us around here needed this kind of jolt” brought on by the franchise’s youth movement.  “To talk to Rick about the possibilities trade-wise we may have out there in the future, free agency, international signing wise…we’re in full-go mode. And it’s exciting,” Williams said.

Byung Ho Park Clears Waivers, Outrighted To Triple-A

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First baseman/designated hitter Byung Ho Park has cleared waivers and been outrighted off the Twins’ 40-man roster, reports La Velle E. Neal III of the Minneapolis Star Tribune. The team has since announced the move. Park will be in camp with the Twins as a non-roster invitee in Spring Training.

Park was somewhat surprisingly designated for assignment last week in order to clear a spot on the 40-man roster for right-hander Matt Belisle, who signed as a free agent. However, the guaranteed $9.25MM remaining on Park’s contract allowed him to pass through waivers unclaimed, and he’ll now remain with the Twins and vie for a job in camp or early this season after getting in some work with the Twins’ Triple-A affiliate in Rochester.

The 30-year-old Park was a superstar in the Korea Baseball Organization prior to being posted by the Nexen Heroes, and the Twins secured exclusive negotiation rights with him in December 2015 by submitting a blind bid of $12.85MM. Minnesota and Park’s representatives at Octagon worked out a four-year, $12MM contract that came with a fifth-year club option, and Park was penciled in as Minnesota’s primary DH heading into the 2016 campaign.

Park rallied after a slow first week and was hitting .257/.339/.578 with nine homers through his first 124 plate appearances. Strikeouts were a problem for Park from the get-go, however, and his production fell off the table before a June demotion to Triple-A. With Rochester, Park was eventually sidelined by a wrist injury that ultimately required surgical repair. The slugger wouldn’t blame his struggles in the Majors on the injury, though it’s certainly possible that Park’s ailing wrist/hand contributed to his .191/.275/.409 slash in the Majors.

Twins Designate Byung Ho Park For Assignment

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FEB. 8: Park has been placed on waivers, per Mike Berardino of the St. Paul Pioneer Press (on Twitter), so he won’t be traded.

FEB. 3, 1:17pm: La Velle E. Neal III of the Minneapolis Star Tribune tweets that the expectation is that Park will clear waivers due to the remaining salary on his contract and report to Spring Training as a non-roster invite. Mike Berardino of the St. Paul Pioneer Press writes that there’s no plan from Park’s camp to return to Korea.

11:11am: In a fairly surprising move, the Twins announced that they’ve designated first baseman Byung Ho Park for assignment in order to clear a spot on the 40-man roster for right-hander Matt Belisle, whose one-year deal with the team is now official.

Park’s DFA comes just one year into a four-year, $12MM contract signed with Minnesota last winter (which came on top of a $12.85MM posting fee paid by the Twins to acquire negotiation rights with the former KBO slugger). He’s still guaranteed $9.25MM over the life of the next three seasons, so there’s a good chance that Park will clear waivers if the Twins go that route. At that point, he’s be able to work on his swing in Triple-A and potentially return at some point in 2017.

The 30-year-old Park arrived in Minnesota with lofty expectations after blasting a combined 105 home runs in his final two KBO seasons. While Park’s power was as advertised — he homered 12 times and posted a .219 ISO in 244 plate appearances — strikeouts also proved to be a problem, as he punched out in 32.8 percent of his plate appearances.

Overall, Park posted a disappointing .191/.275/.409 batting line with the Twins, although it’s certainly worth noting that he ultimately proved to have a wrist injury that required surgical repair. And, Park did bat .257/.339/.578 with nine homers through his first 124 plate appearances in Minnesota (albeit with 38 strikeouts) in addition to showing well in a number of Statcast categories, including exit velocity and barreled balls (as recently examined by Fangraphs’ Travis Sawchik).

The Twins could also explore trade scenarios involving Park. While he’s unlikely to carry significant value given his poor debut season, a team looking to acquire a right-handed bat at first base/DH could consider Park a reasonable roll of the dice. He’s controlled for three years at what figures to be a comparable price to the one Mike Napoli will command in free agency, so there’s certainly a degree of financial upside present, as one can only assume that the cost of acquisition would be low at this juncture.

Further expounding upon that point, the Twins themselves have been a rumored landing spot for Napoli in recent weeks, and jettisoning Park from the 40-man roster creates one potential avenue of adding a more veteran right-handed bat to the picture in Minnesota.

AL Notes: Twins, Park, Orioles, Logan

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Correcting a previous report, FOX Sports’ Ken Rosenthal tweets that the Twins will not release designated hitter/first baseman Byung Ho Park if they’re unable to trade him. Park has been in limbo since Minnesota designated him for assignment last Friday and looks poised to head to camp as a non-roster invitee. The Twins owe the 30-year-old $9.25MM through the 2019 season.

Now here’s the latest out of Baltimore, courtesy of Roch Kubatko of MASNsports.com:

  • Orioles general manager Dan Duquette informed Kubatko he’s “looking for some more depth” to add to the team’s bullpen, and he’s not going to discriminate based on handedness. Baltimore was eyeing lefty Boone Logan before he agreed to a deal with the Indians last week, Duquette confirmed, but it seems he was well out of the club’s price range. The Orioles would prefer signing someone to a minor league deal, per Kubatko, who notes that one reason they haven’t re-upped free agent right-hander Tommy Hunter is because he’s seeking a major league pact.
  • Free agent outfielder Nolan Reimold has spent nearly his entire career with the Orioles since they selected him in the second round of the 2005 draft, but they haven’t shown any interest in re-signing him, according to Kubatko. The right-handed-hitting Reimold, 33, has fared respectably at the plate in his career (.246/.323/.422 in 1,556 trips), though he registered a disappointing .222/.300/.365 line in 227 PAs last season to perhaps conclude his O’s tenure. Behind lefty-swinging corner outfielders Seth Smith and Hyun Soo Kim, the Reimold-less Orioles have a righty-hitting reserve in Joey Rickard, who handled southpaws over a small sample size as a rookie in 2016 (.313/.367/.494 in 90 PAs).
  • The Orioles’ signing of infielder Robert Andino to a minor league deal Monday may have closed the book on free agent Paul Janish’s time with the organization, Duquette told Kubatko. “We’ve been looking for a veteran shortstop and I’m not sure Paul Janish is going to come back to the O’s,” said Duquette. “So we had been talking to Janish and some others and then Andino reached out to us through Adam Jones. And he let Buck (Showalter) know that he was looking for a job and wanted to come back. So, we followed up with his agent.” The defensively adept Janish, who elected free agency after the Orioles outrighted him in October, totaled a combined 71 plate appearances with the team from 2015-16.

Rosenthal’s Latest: Carter, Dodgers, Rays, Romo, Park

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Here’s the latest hot stove buzz from FOX Sports’ Ken Rosenthal…

  • The Dodgers checked in on free agent slugger Chris Carter, though Rosenthal has some doubts that the fit would work for either side.  Carter might want too significant a salary for the Dodgers’ liking, as the team is already well over the luxury tax threshold.  From Carter’s perspective, he’d likely want more playing time than L.A. could offer him as a part-time first baseman (spelling Adrian Gonzalez against lefty pitching) and receiving an occasional start in left field.
  • The Rays were the mystery team who submitted the highest bid for Sergio Romo’s services.  Previous reports indicated that the Rays were in the mix for Romo and that the reliever declined a higher offer to stay on the west coast and sign with the Dodgers for a one-year, $3MM deal.  With Romo off the board, the Rays are seemingly still in the hunt for another arm to join their bullpen.
  • The Rays earn $20MM per year on their current TV contract, which expires after the 2018 season.  Club owner Stuart Sternberg recently said negotiations were taking place about a new deal, though nothing was close to fruition.
  • Rosenthal’s column takes a broader look at the Rays’ offseason, noting that the team is trying to both save money and stay competitive at the same time.  Tampa could even project as an under-the-radar playoff contender if they catch a few breaks, such as better health from key players.  Had the club received good offers for Chris Archer or Kevin Kiermaier this winter, however, the Rays would’ve embarked on a full rebuilding process, and they could still take that route next offseason or at the July trade deadline if this year’s roster doesn’t play up to expectations.
  • The Twins will release Byung Ho Park if they can’t find a trade partner for the recently-designated first baseman (update: Rosenthal has since corrected this).  Minnesota’s decision to DFA Park was already rather unexpected, and it would be even more surprising if the club cut ties entirely, especially since earlier reports had the Twins intending to keep Park in the minors if he cleared waivers.  The Twins would be on the hook for the remaining $9.75MM owed to Park through the 2019 season if they released him.  Continuing the Tampa-centric theme, Rosenthal reports that the Rays are looking to add a right-handed bat and have Park on their list of targets.  Rather than work out a trade, the Rays could wait to see if the Twins do release Park, in which case Tampa Bay could just sign him as a free agent.  The Rays would then only owe Park a minimum salary while Minnesota covers the rest of the $9.75MM.
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