Fresh from their six-year, $147 million agreement with Zack Greinke, the Los Angeles Dodgers on Sunday signed another starting pitcher – South Korean left-hander Ryu Hyun-jin.
Ryu's contract is for $36 million over six seasons. If he pitches 750 or more innings over the first five years of the contract, he can opt out of the sixth year. He received a $5 million signing bonus and can earn up to $1 million annually in performance bonuses.
The Dodgers earned the negotiating rights for Ryu with a $25.7 million bid and had 30 days to come to an agreement. The deadline was 2 p.m. PT on Sunday. Agent Scott Boras represents Ryu.
Over seven seasons pitching for the Hanwha Eagles of the Korean Baseball Organization, Ryu, 25, was 98-52 with a 2.80 ERA. He led the league in strikeouts five times and in ERA twice.
[Related: MLB free-agent tracker]
In the days leading to his signing of Greinke and Ryu, Dodgers general manager Ned Colletti received many inquiries regarding the availability of Harang and Capuano, and could trade one of them before the start of spring training. Billingsley suffered an elbow injury near the end of last season, leaving the club only cautiously optimistic that he will be healthy enough to pitch through 2013.
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