KBL Finalizes Compensation Rules for Players Returning After Failing to Secure FA Deals Abroad

*This content was translated by AI.

The KBL (Korean Basketball League) held an extraordinary general meeting and board of directors meeting, finalizing regulations on club ownership changes and the return of players who had gone abroad as free agents (FA).

On the 28th at 8 a.m., the KBL announced it convened its 32nd term's first extraordinary general meeting and first board of directors meeting at the KBL Center in Seoul Gangnam-gu.

During the extraordinary general meeting, an agenda item to change the ownership of Daegu Korea Gas Corporation to Hong Ui-rak was processed, and the appointment of Ham Chang-sik, head coach of Anyang Jung-gwanjang, as a KBL director was approved.

The board decided to maintain the current FA negotiation procedures. Regulations were revised to require compensation based on the publicly disclosed salary ranking at the time of the failed FA deal if a player who did not sign an FA contract joins a foreign league and later returns to the KBL to sign with another team. However, players without any history of going abroad will be exempt from compensation after three years have passed.

Additionally, through the board meeting on this day, the KBL finalized the game rules, tournament operation guidelines, and uniform regulations for the 2026-2027 season.

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*This content was translated by AI.