The Cubs are one of several teams interested in Korean left-handed starter Kwang-hyun Kim, according to The Athletic’s Ken Rosenthal (subscription required).
Kim, 31, has pitched with SK Wyverns in the KBO League since 2007. The team posted him on Friday, meaning he’s free to negotiate with all 30 MLB clubs. Kim was also posted in 2014, but the system between MLB and KBO has changed since then.
When KBO teams posted their players prior to 2018, interested MLB teams submitted blind bids for the exclusive right to negotiate with the player. The highest bidding MLB team had 30 days to negotiate a contract with the player if the KBO team viewed the bid as reasonable.
If the KBO player agreed to a big-league contract, the KBO team pocketed the bid. If he and the MLB team didn’t come to terms, the MLB team received their bid back. The Padres submitted the highest bid for Kim in 2014 ($2 million) but the two sides didn’t agree to terms.
The new system — introduced in July 2018 — is much simpler: if a posted KBO player signs with an MLB team, his KBO team receives a transfer fee based on the size of his MLB contract. As was the case with the old system, players have 30 days to negotiate an MLB deal.
Got all that?
In 12 KBO seasons, Kim holds a 3.27 ERA in 298 games (276 starts) with 1,456 strikeouts in 1,673 2/3 innings. According to Sung Min Kim of the Lotte Giants (also KBO) R&D department, Kim’s repertoire includes a low-to-mid-90s fastball, an upper 80s slider with a sharp break and a slow curveball that averages 69 mph.
The KBO is a lower level of competition than MLB, but Kim could fill a hole on the Cubs’ pitching staff, whether that’s as a starter, reliever or both.
The Cubs have an opening in their rotation after not tendering Cole Hamels a qualifying offer (a one-year deal worth $17.8 million). That would’ve been very enticing for Hamels, but the Cubs payroll is already projected to be $219.8 million in 2020, not including any potential offseason acquisitions.
Hamels could return to the Cubs in free agency at a cheaper salary, but Tyler Chatwood is already under contract for 2020 at $13 million. Chatwood enjoyed a resurgent 2019 season as a reliever/occasional spot starter and has earned the right to compete for the No. 5 rotation spot next season, should Hamels sign elsewhere.
But with or without Chatwood in the bullpen, the Cubs will need to address their relief corps this offseason. The bullpen struggled to pitch in high leverage spots in 2019, and Steve Cishek, Derek Holland, Brandon Kintzler, Brandon Morrow and Pedro Strop are all free agents. And as things currently stand, Kyle Ryan is the only lefty reliever penciled into the 2020 Opening Day bullpen.
Kwang is experienced and would fill at least one need on the Cubs roster. The Cubs did their due diligence on him can't hurt.
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