Jon Heyman of CBSSports.com reports that the Dodgers have signed Korean left-hander Hyun-Jin Ryu to a six-year, $36 million contract.
FOX Sports' Ken Rosenthal and Dylan Hernandez of the Los Angeles Times have confirmed the deal. The Dodgers won the negotiating rights to Ryu with a $25.74 million posting fee and expect him to be part of their starting rotation next season. Ryu will join a crowded pitching staff that includes Clayton Kershaw, Zack Greinke, Josh Beckett, and Chad Billingsley as starters. According to Yahoo's Jeff Passan, the Dodgers payroll is now higher than the GDP of at least four countries.