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Report: Dodgers Sign Hyun-Jin Ryu to Six-Year, $36 Million Contract

by Doug Kyed on Sun, Dec 9, 2012 at 6:17PM

The Dodgers seem to have no limit on their spending this offseason.

The team agreed to a six-year, $36 million contract with Hyun-Jin Ryu on Sunday, after winning his negotiation rights in November by submitting a $25.74 million posting fee, according to Jon Heyman of CBS Sports. Ryu will join Clayton Kershaw, Zack Greinke, Josh Beckett and Chad Billingsley in the Dodgers’ formidable rotation.

Ryu had a 2.66 ERA and 210 strikeouts in 182 2/3 innings for the Hanwha Eagles last season in the Korea Baseball Organization. He has a career 2.80 ERA in seven seasons, with a 1.15 WHIP.

The Dodgers’ payroll is now around $220 million going into the season. They signed Greinke to a six-year, $147 million contract on Saturday.