Thursday afternoon, the Orioles agreed to terms with South Korean pitcher Suk-Min Yoon on a multi-year deal, according to Jon Heyman of CBS Sports. The news came a day after reports came down that A.J. Burnett had signed with the Philadelphia Phillies on a one year deal.
Yoon, the 27-year old right hander, will earn a guaranteed $5.575 million over three years. His incentives include $1.25 million based on games started, and should he reach that plateau, his base salary for the next two years increases as well. All-in-all, Yoon’s deal is potentially worth $13.075 million.
The 2011 MVP of the KBO also has language in his contract that prohibits him from being demoted to the minor leagues and also makes him a free agent after the three years is finished. Most Major League players need six years of service time before being considered free agents.
The deal is also pending a physical. In Baltimore’s case, that wording becomes more than just an addendum at the end of an announcement. The Orioles have already voided the contracts offered to reliever Grant Balfour and outfielder Tyler Colvin due to physicals that failed to meet expectations.