In the 2023 professional volleyball men’s free agent (FA) market, there was only one player, Na Gyeong-bok (KB Insurance), who changed his uniform.
The Korean Volleyball Federation (KOVO) announced the results of the men’s FA contract on the 19th.
Of the 16 players who qualified as free agents, 15 remained in the original team.
Only outside hitter Na Gyeong-bok, who is about to enlist, left Woori Card, where he played for 8 seasons after starting his professional life, and signed a contract with KB Insurance.
The terms of the contract between Na Kyung-bok and KB Insurance are a contract period of 3 years and a maximum total of 2.4 billion won (annual salary of 600 million won and options of 200 million won annually).
Since Na Kyung-bok enlists on the 24th and is scheduled to be discharged in October 2024, the contract with KB Insurance will start from the 2024-2025 season.
KB Insurance expects, “If Na Kyung-bok is selected as a national representative for the Hangzhou Asian Games, which opens in September this year, and wins a gold medal, she can join the team right away.”
Among the 2023 free agents, the player signed with the best conditions is Heo Soo-bong (Hyundai Capital), a young striker born in 1998.
Heo Soo-bong signed a contract with an annual salary of 800 million won without an option.
Na Gyeong-bok can receive up to 800 million won per year on average, but there are options depending on performance.
Hwang Kyung-min signed a contract with KB Insurance for a total compensation of 650 million won (500 million won in annual salary, 105 million won in options) and a maximum of 1.815 billion won for 3 years.
KB Insurance signed a contract with middle blocker Park Jin-woo for a total compensation of 360 million won (annual salary of 260 million won, an option of 100 million won) and Woo Sang-jo for a total of 90 million won (annual salary of 70 million won, an option of 20 million won), securing all three internal free agents and external free agents. One person was also recruited.
Korean Air, which won the combined championship for three consecutive seasons, also succeeded in ‘maintaining power’.
Korean Air signed a three-year contract with young apositive spiker Lim Dong-hyuk at an annual average of 500 million won (annual salary of 350 million won and an option of 150 million won).
Middle blocker Cho Jae-young earns an annual average of 460 million won (300 million won in annual salary, 106 million won in options), up to 1.218 billion won in 3 years, and setter Yoo Kwang-woo earns up to 756 million won in 3 years (annual salary of 170 million won, 106 million won in options). 82 million won option) each signed.
Woori Card, which missed Na Kyung-bok, won a total of 502 million won with setter Hwang Seung-bin (annual salary of 450 million won, an option of 52 million won), and a total of 452 million won with libero Oh Jae-seong (annual salary of 400 million won, an option of 52 million won) signed a one-year contract with 스포츠토토
OK Financial Group middle blocker Jin Sang-heon also chose to stay for a total of 200 million won (annual salary of 120 million won and an option of 80 million won).
KEPCO veteran Park Cheol-woo signed for 151 million won (annual salary of 120 million won, option of 31 million won).
Park Cheol-woo cut 549 million won from the total remuneration of 700 million won last season (550 million won in salary, 150 million won in options), but succeeded in signing his 5th free agent contract and achieved the most in the male division with Hyundai Capital Libero playing coach Yeo Oh-hyun. The FA contract was tied.
KEPCO also signed a one-year contract with middle blocker Jo Geun-ho for a total of 204 million won (annual salary of 150 million won and an option of 54 million won).
KB Insurance, which recruited Na Gyeong-bok, must submit a list of protected players (5 people) by noon on the 20th.
Woori Card is compensated by choosing between ‘200% of Na Gyeong-bok’s annual salary (450 million won) last season and one player other than the protected player’ or ‘300% of last season’s annual salary’.
The nomination of the reward player is until 6:00 pm on the 23rd.