All-time great free agent move, no reward players… “Choose all cash rewards”
- on May 28, 2023
In the professional basketball free agent (FA) market in 2023, where all-time great fish moved in a chain, not a single compensation player moved.
KBL said on the 28th, “In relation to the exercise of the nomination right for free agent compensation, Seoul SK, Anyang KGC, Suwon KT, and Daegu Korea Gas Corporation chose cash compensation for each player transfer.”안전놀이터
Accordingly, Jeonju KCC, which recruited Choi Jun-yong, will pay 1.1 billion won, or 200% of the 550 million won in compensation for the 2022-2023 season, to SK, the original team. KT, which recruited Moon Seong-gon, gave 1 billion won, or 200% of last season’s 500 million won, to KGC. KGC, which recruited Jung Hyo-geun, sent 600 million won, or 200% of last season’s 300 million won, to Korea Gas Corporation, and Changwon LG, which recruited Yang Hong-seok. compensates KT with 1 billion won, 200% of last season’s 500 million won compensation.
According to the KBL FA regulations, the original club that handed over a free agent within the 30th place in the previous season’s salary ranking to another club can choose ‘one compensation player + 50% of the recruited free agent’s compensation’ or ‘200% of the recruited free agent’s compensation’. If you decide to select a compensation player, you can choose from a list excluding the three protected players tied by the FA recruiting club (excluding free agents within the 30th place in compulsory compensation and new players).
In the free agency market, players within the 30th place in terms of compensation are Choi Jun-yong, who transferred from SK to KCC, Moon Seong-gon, who moved from KGC to KT, Yang Hong-seok, who transferred from KT to LG, and Jeong Hyo-geun, who transferred from Korea Gas Corporation to KGC.
Recruiting clubs submitted lists of protected players by the 26th, and the original clubs decided whether to exercise the right to nominate compensation by the 28th. However, instead of recruiting quasi-level players to reinforce their strength, the clubs chose compensation for reasons such as the salary cap.
SK recruited Oh Se-geun, a “big fish” who is over 35 years old and does not need compensation, from KGC and handed over Choi Jun-yong to KCC. In the end, he agreed to receive only compensation money from KCC without compensation players.
KT recruited Moon Seong-gon from KGC, but ended up paying only compensation money to KGC without a compensation player, and decided to receive only compensation money without a compensation player in exchange for Yang Hong-seok to LG.
KGC, which recruited Jeong Hyo-geun from Korea Gas Corporation after losing both Oh Se-geun and Moon Seong-gon, the backbone of the team, also pays only compensation money to Korea Gas Corporation, deciding not to receive a compensation player from KT, but only compensation.