According to multiple sources, the Pittsburgh Pirates did not submit the winning bid for first baseman Byung-ho Park. The Nexen Heroes received a $12.85M bid for the posting fee last week from an unknown team. Early reports in the morning from CJ Nitkowski, who has ties in Korea, claimed that the Pirates won the rights to negotiate with Park, but that report was quickly shot down by numerous industry sources, with Buster Olney first breaking the news to Pirates' fans.
https://twitter.com/Buster_ESPN/status/663705570025828352
Jon Heyman also confirmed the news shortly afterwards.
https://twitter.com/JonHeymanCBS/status/663708726025670656
The winning team will be announced later today.