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Salary cap usage of Korea Baseball Organization (KBO) league teams in South Korea in 2023 (in billion South Korean won)

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Source

Release date

April 2024

Region

South Korea

Survey time period

2023

Supplementary notes

Figures have been rounded. 

1,000 South Korean won equals 0.73 U.S. dollars or 0.67 euros as of November 2024.

Citation formats

Salary cap usage of KBO league teams South Korea 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 21, 2024

In 2023, Doosan had the highest salary cap among the ten Korea Baseball Organization (KBO) teams in South Korea, reaching approximately billion South Korean won. In addition, the 2023 season marked the first year of the salary cap's implementation, representing an important step in improving the league's competitiveness.

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