SK, KGC, KT, and KOGAS all opt for cash compensation for departing free agents

All four professional basketball teams that lost key members of their roster to free agency have opted for cash instead of players as compensation.

“Seoul SK, Anyang KGC, Suwon KT, and Daegu KOGAS have opted for cash as compensation for player transfers,” the KBL announced on Monday.

The designation of compensatory players as 메이저사이트 a result of the contract is only applicable to transfers of players within the top 30 of the compensation hierarchy. Accordingly, the clubs that acquired the four players had until the 26th to submit a list of protected players, and the original clubs that received the list had until the 28th at 6pm to decide how to compensate them. In the end, all four clubs opted for cash.

KCC will pay SK 1.1 billion won, or 200 percent of Choi Jun-yong’s 2022-23 salary of 550 million won, KGC will pay KOGAS 600 million won, or 200 percent of Jung Hyo-geun’s 2022-23 salary of 300 million won, and Changwon LG will pay KT 1 billion won, or 200 percent of Yang Hong-seok’s 2022-23 salary of 500 million won.

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