Agreement verified: San Francisco Giants just reached a $108 Million signing agreement.

Agreement verified: San Francisco Giants just reached a $108 Million signing agreement.

SF Giants ink Korean center fielder to $113 million contract: report

Jung-Hoo Lee and the Giants are reportedly in agreement on a six-year, $113M free-agent contract

A day after Shohei Ohtani’s contract with the Dodgers became official, the San Francisco Giants reportedly made their first major move of the offseason.

SF Giants ink Korean center fielder to $113 million contract: report

Adding a young, contact-hitting center fielder from Korea, the Giants came to agreement with Jung-Hoo Lee on Tuesday, according to multiple reports.

The contract, first reported by Jon Heyman of the New York Post, reportedly includes an opt-out clause after four years and not been officially announced by the club. During a conference call with reporters, president of baseball operations Farhan Zaidi also declined to confirm the deal, throwing some snark toward the same reporter to said “Arson Judge” appeared to signing with them last offseason.

“Who reported that, Jon Heyman? Well, I’ll say this,” Zaidi said. “He’s got a better chance of being accurate of he actually spelled the guy’s name correctly.

“But, as you guys know, we don’t comment on any deals until they’re finalized.”

The scale of the deal, with an additional $19.275 million posting fee going to Lee’s KBO club, the Kiwoom Heroes, doubling most projections, signified not only the Giants’ need but the popularity of Lee’s services as a 25-year-old left-handed hitter with the capability to play center field.

SF Giants ink Korean center fielder to $113 million contract: report

While the Giants missed out on their top target when Ohtani signed a 10-year, $700 million deal with their division rivals, Lee helps address their stated goals of becoming younger and more athletic, while improving an outfield group that was among the majors’ worst last season.

In seven KBO seasons, Lee batted .340/.407/.491 while earning the Golden Glove, awarded to the top player at his position, each of the past three years. However, Lee missed most of the 2023 season after suffering an ankle injury, only returning for the Heroes’ final game, where general manager Pete Putila happened to be spotted.

In addition to playing a capable center field, Lee has used his elite contact skills to become one of the top hitters in the KBO. However the transition from KBO pitching to the major leagues is considered more challenging than coming from Japan, and only one position player, Lee’s former Heroes teammate Ha-Seong Kim, has successfully become a major-league regular.

“It’s definitely a jump, but it’s one that we think some players can make,” Putila said at the Winter Meetings.

The Giants’ interest in Lee has long been known, with Putila confirming his trip to watch his KBO farewell. Their outfielders last season ranked 27th in Wins Above Replacement, according to Baseball-Reference, ahead of only the White Sox, A’s and Yankees.

Already under contract are last year’s free agent signings, Michael Conforto and Mitch Haniger; platoon stalwarts Mike Yastrzemski and Austin Slater; as well as up-and-coming prospects Luis Matos and Wade Meckler, neither of whom seized a starting role in cups of coffee last season.

“We’ve talked about shortstop and center field as our two priorities,” Zaidi said. “At both of those spots we have in-house options. We could certainly have Yaz out in center field, although we’ve talked about the impact he can bring defensively in right. And then at shortstop, we’ve talked a lot about Marco Luciano and wanting him to take that job and run with it. But it’s still a goal of ours to bring in some competition at that spot.”

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