Park agreed Tuesday to a four-year, $12 million contract with the Twins, who are looking to add power to their lineup around promising youngster Miguel Sano and veterans Trevor Plouffe and Brian Dozier.
The 29-year-old will get $2.75 million in each of the next two seasons and $3 million each in 2018 and ’19. The Twins have a $6.5 million option for 2020 with a $500,000 buyout.
On Nov. 9, Minnesota won the right to negotiate with Park for 30 days by placing a high bid of $12.85 million after he was posted by the Nexen Heroes under Major League Baseball’s agreement with the Korea Baseball Organization. The money was due only if Park signed with the Twins.
With Joe Mauer entrenched as the everyday first baseman, the Twins will likely use Park as a designated hitter most of the time. The Twins have said they plan to use Sano, who was primarily the DH during his rookie season, in the outfield next year.
This is the second time the Twins have landed a player by winning the right to negotiate with him through a posting fee. They signed Japanese infielder Tsuyoshi Nishioka in 2010, but he hit just .215 in 71 career games before going back to Japan.