Cubs Lose Bid for South Korean Lefty Hyun-Jin Ryu – Wrigley Field 11/11/12

Posted on 11 November 2012 by Lou

The Cubs qualifying bid for South Korean lefty Hyun-Jin Ryu was not good enough as the Los Angeles Dodgers won the right to sign Ryu with a $25.75 million posting bid.  The Dodgers keep taking on more salary under Magic Johnson’s new ownership team now that the nasty McCourt divorce issue is behind the organization.  The Dodgers traded for Josh Beckett Adrian Gonzalez and Carl Crawford this season all of whom have hug contracts down the line.

In Ryu’s 1st professional season back in 2006 the lefty went 18-6 with a 2.23 ERA while racking up 205 strikeouts.  Ryu helped South Korea top Cuba in the championship game of the 2008 Beijing Olympics.  And despite a 9-9 record last season Ryu still had a sparkling 2.66 ERA with 210 strikeouts in 27 starts.

The Cubs are still in the free agent market for 2 starting pitchers.  Matt Garza Jeff Samardzija and Travis Wood are likely starters back in 2013 for the Cubs.

We’ll keep you posted if anything develops over the next few weeks as baseball meetings heat up pretty quickly this winter…

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