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Choo Shin-soo reveals details of his $200,000-a-year MLB pension

Former Major League Baseball (MLB) player Choo Shin-soo has revealed details about the pension and welfare benefits he is entitled to as a former MLB player. On the July 10 episode of tvN STORY’s "What To Do with Leftovers," Choo appeared as a guest alongside fellow former MLB players Kim Byung-hyun and Oh Seung-hwan. The three former players discussed the size of MLB pensions and various…

Choo Shin-soo reveals details of his $200,000-a-year MLB pension

Former MLB player Choo Shin-soo recently opened up about his lucrative pension and the various benefits he receives as a retired player. During an appearance on tvN STORY's What To Do with Leftovers on July 10, Choo joined fellow former MLB players Kim Byung-hyun and Oh Seung-hwan to discuss the financial aspects of their careers.

Oh Seung-hwan shed light on the escalating nature of MLB pensions based on years of service, stating that Choo would be entitled to approximately 300 million won, equivalent to $220,000 per year. Choo confirmed that he would be receiving this pension for the rest of his life and further explained that, in the unfortunate event of his demise, the payments would be passed on to his wife. If both spouses were to pass away, the remaining benefits would then be distributed among their children.

Kim Byung-hyun, who anticipates receiving around 100 million won annually in pension benefits, playfully remarked that, despite being aware of Choo and Kim's substantial incomes, he still felt comparatively less wealthy in comparison. This light-hearted exchange was met with laughter from the group. Notably, Kim Byung-hyun is married to a gold medalist, which prompted a moment of amusement among the trio.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Read the original at koreatimes.co.kr →

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