[Official] 'Staying with Hyundai Capital' — Heo Soo-bong's Shocking Contract: 800 million won salary, 500 million won option, 'Highest in History'

*This content was translated by AI.

Native star hitter Heo Soo-bong (28), who chose to stay with his team instead of moving as a free agent (FA), has signed a groundbreaking deal with Hyundai Capital totaling 1.3 billion won in compensation. This marks the highest-ever contract in men's volleyball history.

According to the men's FA contract results announced by the Korea Volleyball Federation (KOVO) on the 26th, Heo Soo-bong signed with Hyundai Capital for a salary of 800 million won plus a 500 million won option, totaling 1.3 billion won.

This surpasses the previous record held by Hwang Taek-ui (30), who signed with KB Insurance last year for a total of 1.2 billion won (900 million won salary plus 300 million won option), setting the highest-ever salary in men's volleyball history.

Heo Soo-bong appeared in 35 regular-season games this season, scoring 538 points, ranking first among domestic players in scoring and ninth overall. He also ranked second in overall attack (53.4%), third in open attack (44.5%), and second in back-row attack (58.6%). He was also the regular-season Most Valuable Player (MVP) who led Hyundai Capital to a treble (double crown) in the previous 2024-2025 season.

Naturally, several teams sought to sign Heo Soo-bong, but he had already leaned heavily toward staying with Hyundai Capital. Eventually, it was officially announced that he signed with Hyundai Capital just one week after the FA market opened. At that time, the contract details were not disclosed, but Heo Soo-bong's new salary, previously shrouded in secrecy, was revealed through KOVO's announcement. Hyundai Capital will continue its partnership with Heo Soo-bong through this groundbreaking, highest-ever contract.

Not only Heo Soo-bong, but Hyundai Capital will also continue its partnership with starting setter Hwang Seung-bin. The total compensation is 600 million won, consisting of a 400 million won salary and a 200 million won option.

Champion Korean Air will continue its partnership with Jo Jae-young for a total compensation of 270 million won (200 million won salary plus 70 million won option) and with Yu Gwang-woo for 250 million won (170 million won salary plus 0.8 billion won option).

Additionally, Woori Card re-signed Lee Sang-hyun for a total of 620 million won, Park Jin-woo and Oh Jae-seong for 422 million won, and Kim Young-jun for 342 million won, securing all four internal FA players.

In other cases, KEPCO's Ha Seung-woo remained with his original team for a total of 300 million won, OK Savings Bank's Park Chang-seong for 550 million won, and Jeong Seong-hyun for 250 million won. Samsung Fire & Marine Insurance's Kim Woo-jin signed a re-contract for a total of 390 million won, and Lee Sang-wook for 360 million won.

Kim Do-hoon, who left KB Insurance for OK Savings Bank, signed for a total of 250 million won. Jang Ji-won, who moved from KEPCO to KB Insurance, signed for 300 million won, and Lee Min-gyu, who moved from OK Savings Bank to KEPCO, signed for 600 million won.

Meanwhile, Lee Kang-won, Kim Jae-hwi, and Kim Kwang-guk failed to find a team by the deadline.

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*This content was translated by AI.