Monday, February 26, 2007

Signing Bonuses...

With the recent downward spiral in sign-on bonuses for Taiwanese HS kids joining MLB clubs, I was surprised when the Anaheim Angels inked the top Korean HS kid - Young-Il Jung with a $1 million sign on bonus. Baseball America then promptly named the kid the #4 prospect in the entire system. Granted, the kid is talented - (maxes out at 93 mph), however I'm not quite sure if pure physical talent is the only reason why the Angels shelled out so much $$$ for his services.

Cracking the Korean market is tough, as Shin-Soo Choo and Jae-Kuk Ryu are two of the more recent successful kids to make the jump to the US from HS. If you combine the past string of Korean HS kids who didn't pan out in the US with the fact that the KBO does a good job of holding on to young domestic talent, you can see why the signings from Korea have been more infrequent recently. With that said, the Angels were probably able to steal Jung away from the KBO by inking their 2006 first round draft pick - Hank Conger who is Korean-American. Also it doesn't hurt that Southern Cal has a huge Korean-American population who come out in full force to support their roots - ie the World Baseball Classic, World Cup appearances, Chan Ho Park when he was a Dodger. Hopefully we continue to see more signings from South Korea in the future.

With that said, the last HS kid from Taiwan to receive a 7 figure sign-on bonus was Ching-Lung Lo in 2001 ($1.4 million). Lo's upside as a 16 year old and the fact that he stood 6'4" and threw in the low 90's justified his sign-on bonus. The only other 2 HS kids from Taiwan to receive more were Chin-Hui Tsao with $2.2 million in 1999 and Hong-Chih Kuo with $1.25 million also in 1999. The next kid down the list is Chia-An Huang who was signed for $710,000 in 2004. Huang's reputation as an 18 year old mirror the same descriptions for Young-Il Jung - a top young power right handed pitcher.

Let's take a look at the signing bonuses for all the Taiwanese kids in MLB organizations:
1)*Chin-Hui Tsao $2.2 million 1999
2)Chien-Ming Wang $1.9 million 2000
3)*Ching-Lung Lo $1.4 million 2001
4)*Hong-Chih Kuo $1.25 million 1999
5)*Chia-An Huang $710,000 2004
6)Chin-Feng Chen $680,000 1999
7)*Chi-Hung Cheng $400,000 2003
8)*Chih-Hsien Chiang $375,000 2005
9)Sung-Wei Tseng $300,000 2006
10)Po-Yu Lin $250,000 2006
11)Po-Hsuan Keng $220,000 2004
12)Yung-Chi Chen $200,000 2003
13)Kuo-Hui Lo $155,000 2005
14)Sheng-An Kuo $150,000 2007
15)*Ching-Lung Hu $150,000 2003
16)*Chen-En Hong $120,000 2006
17)*Wang-Wei Lin $120,000 2006
18)*Chih-Hsiang Huang $100,000 2006
19)TJ Yeh $80,000 2005
20)*Chao-Kuan Wu $71,000 2002
21)Yen-Feng Lin $60,000 2005
22)*Wang-Yi Lin $58,000 2005
23)Kevin Huang $50,000 2000
* signed out of HS

What does this tell us? Well, for one it's obvious that there's a big drop-off in talent after all the big names signed in 1999 - 2001. After 2001, the top HS pitcher to come out of Taiwan (and to the US) has been Chia- An Huang. The top hitting HS prospect to come out of Taiwan (and to the US) has been Chih-Hsien Chiang. As good as these 2 kids are, the current trend has seen a shift of the most talented Taiwanese HS kids going to HS in Japan and receiving hefty signing bonuses.

Cases in point:
1)Chih-Chia Chang $1 million 2002
2)*Chung-Shou Yang $750,000 2005
3)Wei-Yin Chen $850,000 - comprehensive package including incentives 2004
4)Chien-Ming Chiang $700,000 - comprehensive package including incentives 2005
5)Yao-Hsun Yang $346,000 2005
6)*Ping Yen-Lee $335,000 2006
7)*Yi-Hao Lin $100,000 2006 - the Giants got a steal of a deal here!
*signed out of HS/junior high

The post 2001 signings have seen MLB take a chance on "developing players" out of Taiwan while the NPB has shown an interest in players that are polished and ready - top young prospects like those listed above and the cream of the crop in the CPBL:

1)En-Yu Lin $430,000 2006
2)Si-Yo Wu $344,000 2006

Hopefully we'll see where C.H. Lin and H.H. Kuo stand pretty soon.

***All data obtained from various media outlets and sources - so the $ may vary slightly.

ESPN has a pretty good article on baseball in Asia.


Anonymous said...

The NT will come to Holland again for a tournament.
This time in Rotterdam where they will be competing with Cuba, Japan, Holland and USA for the World Port Tournament.

Nellie said...

there is no trend of going to the NPB.

Since 2005 there have been 5 who signed with NPB teams, 11 with MLB orgs.

The NPB bonuses are dropping just like in the MLB.

The average signing bonus for the NPB is $583K. The average for MLB organizations is $478K. That's not a big difference.

The drop-off in talent you cite is real and very disturbing. When I was in Taiwan last month, my college-aged cousin told me that basketball is more popular than baseball among kids under his age.

When I walked on the basketball court where I attended first grade, the basketball courts were all full, yet I only saw one kid throwing a baseball, and it was with his dad.

That's troubling because Taiwan can never develop basketball talent the way it does baseball.

Govt intervention?

TTT said...

The NPB trend I was referring to was regarding top young junior high talent going to Japan recently with Chung-Shou Yang - who many would argue is the top young hitting prospect from Taiwan and Yi-Hao Lin - one of the best young arms (for his age) we've seen in quite some time.
Based on potential and tools, I'd put Yang and Lin up there with Tsao, Kuo, CF Chen when they were that age.
It gives the NPB first dibs on some of the most talented amateur talent available.
I agree with you that basketball has def. superceeded baseball in popularity among the kids of today. The NBA does a great job marketing in Taiwan and it's a spectator friendly sport. I wish the kids of today would just compare the career paths of Hsin-An Chen and Chien-Ming Wang to see which sport has the brightest future in store for them. However, I don't blame the kids as I personally preferred to play basketball over baseball as well. Too bad we don't see any 2-sport HS athletes like we do here in the US.

Anonymous said...

thats sad, since Taiwan has traditionally been a baseball country. Our kids are more likely to be able to make it somewhere with baseball than b-ball. Hopefully, more Taiwanese players like Wang Chien Ming will do good in the MLB and baseball will catch on more with the younger generation.

TTT said...

Thanks for the update Cor, please keep us posted and feel free to share any pics that you take!

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