LG of professional baseball ranks first in total annual salary of top 40 players in 2024...The winning team, KIA, is in second place

LG of professional baseball ranks first in total annual salary of top 40 players in 2024...The winning team, KIA, is in second place

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Porro Baseball LG ranked first among the 10 clubs in the total salary of the top 40 players this year.

LG ranked first with 13.856 billion won in the total salary of the top 40 players for each club announced by the Korea Baseball Organization (KBO) today (18th), while KIA, the winner, ranked second with 11.24 billion won.

Following LG and KIA, Doosan paid KRW 11.19436 billion, Samsung paid KRW 11.18 billion, Lotte paid KRW 11.15 billion, Hanwha paid KRW 10.7 billion 10.46 million, KT paid KRW 10.51 billion, SSG paid KRW 10.457 billion, NC paid KRW 9.47 billion, Kiwoom paid KRW 5.67 billion this year.

The KBO has introduced a competitive equal tax system since 2023 for the purpose of upgrading the league's power and continuous development. The competitive equal tax cap for this season is KRW 11.426.38 billion, which is 120% of the average amount of the top 40 players' salaries for each club from 2021 to 2022.

As a result, LG exceeded the upper limit of the competitive equal tax of KRW 2,429.78 million, and paid KRW 1,214.89 million, or 50% of the amount, to the Baseball Development Fund.

If the upper limit of the competitive equal tax is exceeded, 50% of the excess must be paid to the baseball development fund. 온라인바카라

If it exceeds two consecutive times, 100% of the excess must be paid to the Baseball Development Fund, and the nomination rights for the first round of the following year will be reduced by nine levels. If it exceeds three consecutive times, 150% of the excess must be paid to the Baseball Development Fund, and the nomination rights for the first round of the following year will be lowered by nine levels.