The Doosan Bears of the Korea Baseball Organization announced Thursday that they’ve signed a trio of former Major Leaguers (English language link via Jee-ho Yoo of South Korea’s Yonhap News Agency). Right-hander Raul Alcantara, left-hander Brandon Waddell and outfielder Henry Ramos all signed one-year contracts for the 2024 campaign. Alcantara and Waddell are returning after pitching for the Bears in 2023 as well. They’ll be guaranteed $1.3MM and $1MM, respectively. Ramos, who spent the 2023 season with the Reds organization but played for the KBO’s KT Wiz in 2022, is entering his first season with the Bears and will be guaranteed $600K. All three players receive six-figure incentive packages that can boost their earnings as well: $200K for Alcantara, $130K for Waddell and $100K for Ramos.
The 31-year-old Alcantara has steadily raised his profile since heading overseas to sign with the KBO’s KT Wiz in 2019. This will be his sixth season in Asia; after spending the 2019 season with the Wiz and the 2020 season with the Bears, he spent the next two years with the Hanshin Tigers of Japan’s Nippon Professional Baseball. Alcantara returned to the Bears for the 2023 season and will now embark on his third season with them and fourth overall in the KBO.
Although he was never a top-100 prospect, Alcantara at one point landed as highly as fourth among Oakland farmhands on Baseball America’s ranking of their system. The A’s had acquired him and Josh Reddick from the Red Sox as part of the package sending Andrew Bailey to Boston. In parts of two big league seasons, he logged a 7.19 ERA in 46 1/3 frames.
Alcantara has found new life overseas, winning the KBO’s Choi Dong Won Award (their Cy Young equivalent) with the Bears in 2020 and parlaying that into his two-year run in NPB. Overall, he’s posted a 3.04 ERA in 563 1/3 innings, working out of the rotation between the Wiz and the Bears. The Tigers used him primarily out of the bullpen in NPB, where he logged a 3.96 ERA in 96 1/3 frames. It’s not the typical arc, but Alcantara has carved out a lucrative career for himself pitching in Asia’s top leagues; this new contract figures to push his career earnings between NPB and the KBO north of $5MM.
Similarly, Waddell was never a top-tier pitching prospect but is a former fifth-rounder out of Virginia who was once considered a fairly promising arm in the Pirates’ system. The now-29-year-old southpaw pitched in parts of two MLB seasons with four clubs (Pirates, Twins, Orioles, Cardinals), allowing eight runs in 12 2/3 innings.
Waddell has spent the past two seasons pitching overseas between the Bears and the Rakuten Monkeys of Taiwan’s Chinese Professional Baseball League. In 18 starts for the Bears this past season, he posted a pristine 2.49 ERA with a 23.4% strikeout rate, 7% walk rate and 70.4% grounder rate. Overall, Waddell owns a 3.30 ERA in 70 CPBL innings and a 2.92 ERA in 169 2/3 innings of KBO action. Now entering a third year pitching professionally in Asia, Waddell has established himself as a seven-figure pitcher and ought to continue garnering opportunities overseas, so long as he stays healthy. At 29 years old, he’s also still young enough for a potential MLB comeback if he continues to thrive in South Korea.
As for Ramos, he’ll head back to Korea after a brief 2023 big league run in Cincinnati. The 31-year-old outfielder (32 in April) appeared in 23 games as a Red and slashed .243/.349/.311 in 86 plate appearances. Ramos is a .226/.312/.306 hitter in 141 trips to the plate as a big leaguer, but he’s mashed at a .301/.362/.485 clip in parts of six Triple-A seasons, adding 55 home runs, 93 doubles, 11 triples and 27 steals over the life of 1700 plate appearances.
Ramos would have been looking at a minor league deal had he remained in North American ball, but he’ll now have the opportunity for everyday at-bats in a league where he’ll earn just shy of the MLB minimum over a full season — while also potentially positioning himself for a raise in the future.