The LG Twins became the first club to pay a baseball development fund over the salary cap (annual salary total limit).
According to the total amount of the top 40 annual salary for each club in 2024 announced by the KBO Secretariat on the 18th, LG recorded 13.85 billion won, exceeding the upper limit of the competitive equal tax of 2.42 billion won.
Therefore, LG has to pay 1.21 billion won, half of the amount, to the Baseball Development Fund.
Since last year, the KBO has introduced salary cap and competitive equal tax system. In 2021 and 2022, 120 percent of the annual average of the top 40 players for each club was set as the upper limit, or 11.42 billion won, and all 10 clubs did not exceed this amount in the 2023 season when the system was first applied.
If the upper limit of the equal competition tax is exceeded, 50 percent of the excess will be paid to the baseball development fund, and 100 percent of the excess will be paid to the baseball development fund if it exceeds the upper limit of the equal competition tax. In addition, the number of first-round nominations for the next year will fall by nine notches.
If it exceeds three consecutive times, 150% of the excess will be paid to the baseball development fund, and the right to nominate in the first round of the following year will be lowered by nine levels.
Except for LG, other clubs did not exceed the upper limit of KRW 11.426.38 billion this year.
The KIA Tigers came in second with W11.249 billion and the Doosan Bears came in third with W11.19436 billion. Doosan spent the most with W11.181.75 billion in the 2023 season. 메이저놀이터
Samsung Lions ranked fourth to sixth with 11.18 billion won, Lotte Giants 11.15 billion won, and Hanwha Eagles 10.71 billion won.
7th to 10th place is kt wiz 10.51 billion won, SSG Landers 10.457 billion won, NC Dinos 9.47 billion won, and Kiwoom Heroes 5.67 billion won.
