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Posted
RT @JonHeymanCBS: #cubs said to have bid aggressively on Ryu but they did not win the bid at $25.7M

http://cdn3.sbnation.com/imported_assets/1024070/e25edbf0fddc_medium.gif

Posted
This is getting ridiculous

 

Not the first time there's been confusion and lots of wrong info after a posting.

Posted
The 737's in the bid number lead me to believe Texas won the bidding. It's a Texas area code.

 

Possibly. They did funky stuff in Yu Darvish's bid, including Nolan Ryan's 34 and Darvish's 11 in the dollar value.

Posted

I hate to do this, but:

 

This is a reasonable opinion to have:

 

At $26 million just for the posting fee, I'm glad we missed out.

 

This is a statement of fact that you, or anybody else at this point, cannot possibly know to be true:

 

He is not worth $26M + whatever he signs for.

 

If they sign him for 5/$25 mil plus the $26 mil posting fee and he puts up even 2 WAR/year, it's basically a break even deal.

Posted

SI is saying we won now?

 

http://tracking.si.com/2012/11/10/cubs-win-rights-to-negotiate-with-korean-pitcher-ryu-hyun-jin/?eref=twitter_feed

The Cubs have reportedly won the bidding to negotiate with South Korean pitcher Ryu Hyun-Jin.

 

CBSSports.com Insider Jon Heyman confirms the Hanwha Eagles accepted a winning bid of $25,737,737.33 for negotiation rights.

 

The Cubs now have exclusive rights to negotiate with Ryu who is represented by Scott Boras. If a deal cannot be reached in 30 days, no money would change hands and Ryu would remain property of the Eagles.

 

Ryu, a 6-foot-2, 215-pound lefthander, was 9-9 with a 2.66 ERA and 210 strikeouts in 182 2/3 innings.

Posted
SI is saying we won now?

 

http://tracking.si.com/2012/11/10/cubs-win-rights-to-negotiate-with-korean-pitcher-ryu-hyun-jin/?eref=twitter_feed

The Cubs have reportedly won the bidding to negotiate with South Korean pitcher Ryu Hyun-Jin.

 

CBSSports.com Insider Jon Heyman confirms the Hanwha Eagles accepted a winning bid of $25,737,737.33 for negotiation rights.

 

The Cubs now have exclusive rights to negotiate with Ryu who is represented by Scott Boras. If a deal cannot be reached in 30 days, no money would change hands and Ryu would remain property of the Eagles.

 

Ryu, a 6-foot-2, 215-pound lefthander, was 9-9 with a 2.66 ERA and 210 strikeouts in 182 2/3 innings.

 

http://www.cbssports.com/mlb/blog/eye-on-baseball/20908412/reports-cubs-win-bidding-for-korean-lefty

 

The report they are linking to and basing that entry on...

 

The Hanwha Eagles accepted a winning bid of $25,737,737.33 for negotiation rights to Korean left-hander Ryu Hyun-Jin, CBSSports.com Insider Jon Heyman confirms. The Korean team had posted the 25-year-old lefty after the season. The bids were due at 5 p.m. on Thursday.

 

Although there were reports the Cubs won the bidding, that's not accurate, according to Heyman. The Cubs did bid on Ryu, but were not the winning team.

 

Whichever team did win the bidding rights now has exclusive rights to negotiate with Ryu. He is represented by Scott Boras.

Posted
I hate to do this, but:

 

This is a reasonable opinion to have:

 

At $26 million just for the posting fee, I'm glad we missed out.

 

This is a statement of fact that you, or anybody else at this point, cannot possibly know to be true:

 

It is a statement of fact, but I'm pretty sure I'm the only person in the world who can know it to be true.

Posted
:(

 

Gordon Wittenmyer ‏@GDubCub

 

Sources confirm Cubs NOT team with winning bid for Korean pitcher Ryu.

 

I could honestly go either way on this.

Posted (edited)

 

If they sign him for 5/$25 mil plus the $26 mil posting fee and he puts up even 2 WAR/year, it's basically a break even deal.

 

There's not even a remote guarantee that he'll put up a 10 WAR career, much less in 5 years, though. That might be generous for a "floor" projection.

Edited by David
Posted
I hate to do this, but:

 

This is a reasonable opinion to have:

 

At $26 million just for the posting fee, I'm glad we missed out.

 

This is a statement of fact that you, or anybody else at this point, cannot possibly know to be true:

 

It is a statement of fact, but I'm pretty sure I'm the only person in the world who can know it to be true.

 

Either you're trolling or you read that wrong. That was for the comment below it.

Posted

 

If they sign him for 5/$25 mil plus the $26 mil posting fee and he puts up even 2 WAR/year, it's basically a break even deal.

 

There's not even a remote guarantee that he'll put up a 10 WAR career, much less in 5 years, though. That might be generous for a "floor" projection.

Posted

 

If they sign him for 5/$25 mil plus the $26 mil posting fee and he puts up even 2 WAR/year, it's basically a break even deal.

 

There's not even a remote guarantee that he'll put up a 10 WAR career, much less in 5 years, though. That might be generous for a "floor" projection.

 

That doesn't really change anything about what I said. You made that point for a reason...to illustrate how he could, even with that posting fee, end up a reasonable investment without being that great, right?

 

even if he does get 5/25, which seems low, it'd have to be considered a pretty good outcome for him to average 2 WAR/year over that deal. farrrrrrrrrr from worst case.

Posted
My first thought was the bid was way too high, so it would make sense if the Dodgers were the ones responsible. Though a middle of the rotation starter does not seem like a need for them. I find it interesting (concerning?) that in one of the scouting reports CaliforniaRaisin posted, it said he doesn't use his changeup much. I was under the impression that was his best and most important pitch.

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