“I met with agents Lim Chan-kyu and Ham Deok-ju,” Cha said on Wednesday, explaining the negotiation process. He also plans to meet with Kim Min-sung on Tuesday.
“I talked to CEO Lee Ye-rang, Lim Chan-kyu’s agent, to each other to finish it before Christmas,” Cha said. “I want to finish the contract before Christmas, not only Lim Chan-kyu but also Ham Deok-ju and Kim Min-sung.”
Cha continued to express his intention to sign contracts with three internal FA players, namely Lim Chan-kyu, Ham Deok-ju and Kim Min-sung, even before the FA market opened. The problem is salary cap. In the last FA market, LG failed to catch Yoo Kang-nam (a total of 8 billion won for four years) and Chae Eun-sung (a total of 9 billion won for five years) due to salary cap, and only caught Park Dong-won (a total of 6.5 billion won for four years). Since the salary cap is almost full, if the team catches three FA this time, chances are high that the salary cap will exceed 11.4 billion won (14.7 million dollars).
If it exceeds the limit for the first time, 50% of the excess will be paid as sanctions. If it exceeds the limit for the second time in a row, 100% of the excess will be paid as sanctions, and the right to nominate candidates for the first round of the following year will drop by nine notches. In other words, the right to nominate candidates for the first round will disappear. They cannot select the best prospects. If it exceeds the limit for the third time in a row, 150% of the excess will be paid as a fine, and the right to nominate candidates for the first round of the following year will drop by nine notches.
In other words, one excess is fine, but it should not be exceeded twice in a row. Therefore, even if the salary cap exceeds this time, it is impossible to sign a contract recklessly because we have to make sure not to exceed it next time.
Even so, the amount of contract can’t be reduced recklessly. After all, these players are “we” players who are essential to the team and must play for two consecutive seasons while wearing LG’s uniform. Cha believes that although we cannot give them much due to team circumstances, we should not hurt each other. So, we are trying to narrow the gap little by little.
Christmas is just a few days away. It can be said that the gap between the two teams has narrowed in terms of what Cha thinks of Christmas as the deadline. Will LG and FA be able to celebrate Merry Christmas and Happy New Year together? The only solution is to meet often and narrow the gap.