6 January 2024

Send Ko Woo-suk to San Diego to receive 1.2 billion LG, 600 million + α more

By pestfood.com

LG sent by Ko Woo-suk, do you have more money to receive?

Ko Woo-suk, who left the LG Twins to wear the San Diego Padres uniform.

Ko signed a two-year, $4.5 million contract with San Diego. Ko entered the U.S. through a posting system. Thus, LG’s original pitching team will receive compensation from San Diego.

Regulations are in place. A contract worth less than 25 million dollars is set at 20 percent of the total amount of the security money. Accordingly, LG secured 900,000 dollars. It is about 1.2 billion won in Korean won.

From LG’s point of view, it sends a player who has struggled to raise the player, but the amount is not satisfactory. So, before Ko tried to enter the U.S., he expressed his intention not to allow it unless a reasonable amount of money came out. However, LG respected Ko’s wish to go to the U.S. somehow. In a grand victory, it allowed Ko to go to San Diego.

However, with this transfer, LG has a way to receive an additional amount. Ko has included a three-year mutual option in his contract when his two-year contract ends. A mutual option is an option that is activated when both the club and the player agree. If both sides agree, Ko can receive an annual salary of 3 million dollars in his third year.

If so, is there any reward for LG to receive when this contract is executed? There is. Looking at the regulations, you can receive an additional transfer fee of 15% of the salary or bonus earned by a player according to the club, betting, or mutual option executed under the initial major league contract. Therefore, if Ko Woo-suk signs a $3 million extension, LG will receive an additional $450,000 (about 600 million won), 15% of the $3 million.

To this end, Ko added an option to receive a bonus of up to 2.4 million U.S. dollars over three years. This is an incentive based on the number of games played. If you finish the game at the end, you will get more money. It’s a little complicated, but if you fill 70 games this season, you will get a bonus of 100,000 dollars. However, in next year and 2026, 100,000 dollars will be added for every 40, 45, 50, and 55 games, which will result in a total bonus of 400,000 dollars. Under this clause, a maximum bonus of 900,000 dollars will be given for three years. 마카오카지노도메인

The annual salary increases depending on the number of games Ko Woo-suk finished. Finally, for every 15, 25, 35, and 45 games he or she will be paid 125,000 dollars in annual salary, a total of 500,000 dollars, in the next season. If the conditions are met this year, the annual salary in 2025 will rise from $2.25 million to $2.75 million, and the annual salary in 2026 will rise from $3 million to $3.5 million. This year’s performance will apply to both 2025 and 2026 annual salaries.