Cubs Among Teams to Submit Bid for Negotiating Rights to Hyun-jin Ryu

According to reports from the Tribune and the Sun-Times, the Cubs were among teams that submitted a bid for left-handed pitcher Hyun-jin Ryu prior to Thursday’s deadline. Teams had until 4:00pm CST to place a sealed bid for the rights to negotiate a contract with Hyun-jin Ryu.

The Hanwha Eagles of the Korean Baseball Organization posted Ryu and have four business days to decide if they will accept the highest bid. If the Eagles accept the bid, the winning team has 30 days to negotiate a contract with Hyun-jin Ryu, who is represented by Scott Boras.

The 25-year old southpaw has been compared to the Orioles Wei-Yin Chen according to the Tribune. Ryu throws a high 80s to low 90s fastball with a plus change-up.

The Rangers are reportedly one of the other teams to place a bid for Ryu and both the Phillies and Indians have been linked to Hyun-jin Ryu.

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