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The posting system is a
baseball Baseball is a bat-and-ball sport played between two teams of nine players each, taking turns batting and fielding. The game occurs over the course of several plays, with each play generally beginning when a player on the fielding tea ...
player transfer system that operates between Korea Baseball Organization (KBO) and the
Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...
(MLB). The system is based on the original
posting system The is a baseball player transfer system that operates between Nippon Professional Baseball (NPB) and Major League Baseball (MLB). Despite the drafting of the United States – Japanese Player Contract Agreement, unveiled in 1967 to regulate ...
that was put in place between MLB and
Nippon Professional Baseball or NPB is the highest level of baseball in Japan. Locally, it is often called , meaning ''Professional Baseball''. Outside Japan, it is often just referred to as "Japanese baseball". The roots of the league can be traced back to the formation ...
(NPB) in 1998. To be eligible for posting, a player must have first played at least seven years in the KBO. Under this system, when a KBO player is "posted," MLB holds a four-day-long
silent auction An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...
during which MLB teams can submit sealed bids in an attempt to win the exclusive rights to negotiate with the player for a period of 30 days. If the KBO team accepts the winning bid, then the player is free to negotiate with the highest-bidding MLB team. If the MLB team and the KBO player agree on contract terms before the 30-day period has expired, the KBO team receives the bid amount as a transfer fee, and the player is free to play in MLB. If the KBO team rejects the winning bid or if the MLB team cannot come to a contract agreement with the posted player, then no fee is paid, and the player's rights revert to his KBO team. Up to the end of the 2014–15 posting period, eight KBO players had been posted using the system. Of these, two signed Major League contracts immediately, one signed a minor league contract, four bids were rejected by KBO teams, and one could not come to a contract agreement during the 30-day negotiation period. The four players that have been acquired by MLB teams through the posting system are Hyun-jin Ryu,
Jung-ho Kang Jung-ho Kang ( ko, 강정호; ; born April 5, 1987) is a South Korean professional baseball third baseman for the Kiwoom Heroes of the KBO League. He previously played in the KBO League for the Hyundai Unicorns and Nexen Heroes. He also playe ...
,
Byung-ho Park Byung-ho Park (; ; born July 10, 1986) is a South Korean professional baseball designated hitter and first baseman for the KT Wiz of the KBO League. He previously played for the LG Twins and Kiwoom Heroes, and Minnesota Twins of Major League Ba ...
, and
Ha-seong Kim Ha-seong Kim (born October 17, 1995) is a South Korean professional baseball shortstop for the San Diego Padres of Major League Baseball (MLB). Kim was drafted 41st overall by the Kiwoom Heroes, Nexen Heroes in the 2014 Korea Baseball Organiza ...
.


Past postings

Of the 15 South Korean-born players who have played in MLB, three have entered the league using the posting system. :This player is a
pitcher In baseball, the pitcher is the player who throws ("pitches") the baseball from the pitcher's mound toward the catcher to begin each play, with the goal of retiring a batter, who attempts to either make contact with the pitched ball or draw ...
.
:This player is a
pitcher In baseball, the pitcher is the player who throws ("pitches") the baseball from the pitcher's mound toward the catcher to begin each play, with the goal of retiring a batter, who attempts to either make contact with the pitched ball or draw ...
.


See also

*
Baseball in Korea Baseball is believed to have been introduced to Korea in 1905 by American missionaries during the Korean Empire, after which it gradually attained prominence. After the division of the Korean Peninsula into North Korea, backed by the Soviet Uni ...
*
Transfer Transfer may refer to: Arts and media * ''Transfer'' (2010 film), a German science-fiction movie directed by Damir Lukacevic and starring Zana Marjanović * ''Transfer'' (1966 film), a short film * ''Transfer'' (journal), in management studies ...
in
association football Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 players who primarily use their feet to propel the ball around a rectangular field called a pitch. The objective of the game is ...


Notes

{{reflist Major League Baseball labor relations KBO League History of baseball