Players’ association to decide free agency changesThe Korea Professional Baseball Players Association (Kpbpa) said it will hold a press conference this afternoon, after reviewing proposals made by the Korea Baseball Organization (KBO).
The KBO recently proposed putting a cap on the length and the value of free agent contracts - four years at a maximum of 8 billion won (US$7.2 million) total - and also shortening the length of service required before a player can become a free agent.
Presently, there are no limits to the length or value of contracts that teams can sign their free agents to, and recent offseasons have produced massive deals worth more than 10 billion won in total value. In terms of service time, high school graduates must play nine full seasons to be eligible for free agency, while players who join the KBO after college must play eight full seasons before they can enter the open market.
The KBO is also seeking to divide free agents into three different classes based on their salaries over the five most recent seasons.