‘Tes-type’ re-signing 33.3% as an option… Kia’s successful contract… Foreign pitchers go beyond the new year?

December 19, 2023 | by

‘Tes-hyung’ continues his journey with the KIA Tigers for a third consecutive year. Kia successfully signed Socrates Brito to a new contract with an option for 33.3% of his total contract. This is sure to be an incentive for Socrates. With Socrates’ contract negotiations finalized, KIA is now expected to go “all-in” on signing foreign pitchers.

On December 18, KIA officially announced the re-signing of Socrates for a total of $1.2 million ($300,000 down payment, $500,000 annual salary, $400,000 option).

“I’m happy to be with the KIA Tigers next year,” Socrates said, “and I want to prepare well for next season with my teammates and give the Tigers’ fans a championship.”

Socrates signed with KIA ahead of the 2022 season. Socrates struggled mightily at the start of the 2022 season, but his bat came alive in the middle of the season and he had a successful debut season in the KBO with a .311 batting average, 160 hits, 17 home runs, 77 RBIs, a .354 on-base percentage, and a .494 slugging percentage in 127 games.

After the 2022 season, Socrates re-signed with the team for a total of $1.1 million ($300,000 signing bonus, $500,000 salary, $300,000 option).

His second season in the KBO in 2023 was also successful. In 142 games in 2023, Socrates hit .285 with 20 home runs, 96 RBI, 91 runs scored, and an OPS of 0.807. In particular, he led the team in four categories, including hits, home runs, runs scored, and RBIs, and showed great performance as a center fielder.

A KIA representative said, “In recent years, it has been difficult for new foreign hitters to quickly adapt to the KBO. In Socrates’ case, he has been playing for two years and is now a proven resource in the KBO. It is risky to change a foreign hitter, so we positively promoted the re-signing of Socrates.”

The most notable aspect of Socrates’ contract is the option value. Of the $1.2 million total, options are worth a whopping $400,000. In terms of guaranteed money, it’s a virtual freeze from last year.

In addition, Guillermo Heredia, who re-signed with SSG Landers, signed for a total of $1.5 million ($150,000 signing bonus, $1.15 million salary, $200,000 option). Heredia’s projected WAR in 2023 is 4.12, which is lower than Socrates’ 4.58 WAR, so the Kia deal is a good incentive for Socrates.

With the re-signing of Socrates, KIA is now expected to go “all-in” on signing a foreign pitcher. Of course, replacing two foreign pitchers is not an easy task. It is likely to be a protracted process that will extend beyond the end of the year and into the new year. To begin with, KIA, which has placed its existing foreign pitcher Thomas Pannoni on the disabled list, plans to move cautiously until it gets its hands on players of the desired quality. It will be interesting to see if the team is patient enough to get the players it wants this winter.



View all

view all