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Korean star Hwang reportedly set to be posted

Korean third baseman Jae-gyun Hwang is expected to be posted by the Korean Baseball Organization's Lotte Giants on Wednesday, according to a report from Yahoo!'s Jeff Passan.

The 28-year-old Hwang has played nine seasons in the KBO, hitting 88 home runs and driving in 481 runs while batting .280.

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He hit .321 in 128 games in 2014, then clubbed 26 home runs and drove in 97 runs this past season.

Major League teams will have one week to submit their bid, and the Lotte Giants will be able to accept the highest bid or retain Hwang for the 2016 season. If a bid is accepted, the two sides would have 30 days to negotiate a contract.

According to MLB Trade Rumors, Hwang will be a true free agent next offseason (allowing him to pursue a Major League opportunity without the restrictions of the posting system), which could impact the Lotte Giants' decision to accept an MLB team's bid.

Joey Nowak is a reporter for MLB.com. Follow him on Twitter at @joeynowak.