Ohtani’s Dodgers contract has $680 million deferred, lowering tax value to $46 million annually
1 year ago

Ohtani’s Dodgers contract has $680 million deferred, lowering tax value to $46 million annually

Associated Press  

NEW YORK — Shohei Ohtani will receive just $20 million of his $700 million contract with the Los Angeles Dodgers over the next 10 years, with $680 million payable from 2034-43 in an unusual structure that gives the team greater payroll flexibility in coming seasons. “I can say 100 percent that you, the Dodger organization and I share the same goal — to bring World Series parades to the streets of Los Angeles.” Ohtani’s contract, combined with those of Mookie Betts and Freddie Freeman, raises the Dodgers’ total of deferred money owed to the three to $857 million from 2033-44. “On behalf of the L.A. Dodgers and our fans everywhere, we welcome Shohei Ohtani to the Dodgers, the home of Jackie Robinson, Sandy Koufax and Hideo Nomo, three of the sport’s most legendary and pathbreaking players,” said Mark Walter, chairman of the Dodgers and Guggenheim Baseball. “Shohei is a once-in-a-generation talent and one of the most exciting professional athletes in the world.” Ohtani’s total dollars are 64% higher than baseball’s previous record, a $426.5 million, 12-year deal for Angels outfielder Mike Trout that began in 2019.

Tax Los Angeles Million Deal Ohtani Angels Shohei Ohtani Shohei Deferred Dodgers Contract Deferred Money  tax  680  dodgers  contract  payable  deferred  ohtanis  annually  deal  ohtani  payroll  shohei  million  angels  value  lowering

History of this topic

World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty
Trending News
3 days, 1 hour ago

World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty

Associated Press  

NEW YORK — The Los Angeles Dodgers topped a record nine teams owing Major League Baseball’s luxury tax this year with an unprecedented $103 million penalty, and the $97.1 million bill for the New York Mets raises their tax total under high-spending owner Steve Cohen to nearly $229 million. The Dodgers’ tax payroll of $353 million included $1,032,454 in non-cash …

The Yankees have moved on quickly after losing Juan Soto. Roki Sasaki could be next
5 days, 2 hours ago

The Yankees have moved on quickly after losing Juan Soto. Roki Sasaki could be next

Associated Press  

NEW YORK — In pivoting to Plan B after losing Juan Soto, Brian Cashman went after a familiar name in Cody Bellinger. Ultimately I did it because it’s a fit.” Bellinger could play outfield or first base depending on other moves the Yankees make. I feel like the winter’s to this point been a good one.” Bellinger is guaranteed $52.5 …

Juan Soto gets free luxury suite and up to 4 premium tickets for home games in $765M Mets deal
1 week, 5 days ago

Juan Soto gets free luxury suite and up to 4 premium tickets for home games in $765M Mets deal

Associated Press  

DALLAS — Juan Soto gets free use of a luxury suite and up to four premium tickets behind home plate for regular-season and postseason New York Mets home games as part of his record $765 million, 15-year contract that was finalized Wednesday. He is not only bringing staggering historical statistics with him but also a championship pedigree.” Soto’s suite will …

Los Angeles Dodgers finalize contracts with Michael Conforto and Blake Treinen
1 week, 6 days ago

Los Angeles Dodgers finalize contracts with Michael Conforto and Blake Treinen

Hindustan Times  

DALLAS — The Los Angeles Dodgers finalized a $17 million, one-year contract to add outfielder Michael Conforto on Tuesday along with a $22 million, two-year agreement to retain right-hander Blake Treinen. HT Image Conforto, a former first-round draft pick who turns 32 on March 1, hit.237 with 20 homers and 66 RBIs this year for San Francisco in the final …

Los Angeles Dodgers finalize contracts with Michael Conforto and Blake Treinen
Trending News
1 week, 6 days ago

Los Angeles Dodgers finalize contracts with Michael Conforto and Blake Treinen

Associated Press  

DALLAS — The Los Angeles Dodgers finalized a $17 million, one-year contract to add outfielder Michael Conforto on Tuesday along with a $22 million, two-year agreement to retain right-hander Blake Treinen. Conforto, a former first-round draft pick who turns 32 on March 1, hit.237 with 20 homers and 66 RBIs this year for San Francisco in the final season of …

Juan Soto Mets contract details: Steve Cohen’s $765 million for baseball’s best young hitter is worth it.
Trending News
2 weeks ago

Juan Soto Mets contract details: Steve Cohen’s $765 million for baseball’s best young hitter is worth it.

Slate  

The Washington Nationals tried. Soto’s 15-year, $765 million contract is the biggest in sports history, a touch more lucrative than the $760 million over 16 years that the Yankees offered, according to baseball insider Jon Heyman. The Nationals now look like comic losers for trying to secure the rest of his career for a paltry $440 million, about 55 percent …

Juan Soto agrees to record $765 million, 15-year contract with Mets, AP source says
2 weeks ago

Juan Soto agrees to record $765 million, 15-year contract with Mets, AP source says

Associated Press  

DALLAS — Star outfielder Juan Soto and the New York Mets agreed Sunday to a record $765 million, 15-year contract, a person familiar with the deal told The Associated Press, a deal that could escalate to $805 million and is believed to be the largest pact in team sports history. The deal, spurning the New York Yankees’ attempt to retain …

Inside Juan Soto landing the biggest contract in pro sports history from Steve Cohen’s Mets
Top News
2 weeks, 1 day ago

Inside Juan Soto landing the biggest contract in pro sports history from Steve Cohen’s Mets

New York Times  

By Patrick Mooney, Will Sammon, Brendan Kuty and Ken Rosenthal Juan Soto laughed when a friend asked where he was going. In this person’s view, Soto was either going to take the money of Mets owner Steve Cohen, or simply use the Mets to drive up the price ahead of his return to the Yankees. “Juan Soto wants ownership that …

In landmark deal with the Mets, Juan Soto gets what he’s wanted all along
2 weeks, 2 days ago

In landmark deal with the Mets, Juan Soto gets what he’s wanted all along

New York Times  

DALLAS – When the news first broke, some people thought Juan Soto was nuts. Soto’s 15-year, $765 million agreement with the New York Mets includes no deferrals and carries a $51 million average annual value, according to sources briefed on the contract. “So it’s kind of a ghost contract.” Soto, seen at All-Star Media Day in 2022 with agent Scott …

Dodgers announce 5-year contract with LHP Blake Snell
3 weeks, 2 days ago

Dodgers announce 5-year contract with LHP Blake Snell

Associated Press  

LOS ANGELES — Blake Snell and the Los Angeles Dodgers have finalized a $182 million, five-year contract. Snell gets a $52 million signing bonus, payable on Jan. 20, and annual salaries of $26 million, of which $13 million each year will be deferred. Snell joins Shohei Ohtani and Yoshinobu Yamamoto atop Los Angeles’ rotation. Because he turned down a qualifying …

Letters to Sports: Rich get richer as Dodgers sign another star pitcher
3 weeks, 3 days ago

Letters to Sports: Rich get richer as Dodgers sign another star pitcher

LA Times  

It’s a brilliant idea, the eight-man starting rotation. At six innings per game, that’s no more than 120 innings through the regular season, leaving the top five fresh for October, a rested bullpen, and Walker taking the ball when it matters most. Peter Maradudin Seattle :: In 1963, when the Dodgers swept the Yankees in the World Series, every player …

Blake Snell and Dodgers agree to $182 million, 5-year contract, AP source says
Trending News
3 weeks, 5 days ago

Blake Snell and Dodgers agree to $182 million, 5-year contract, AP source says

Associated Press  

Less than a month after winning the World Series, the Los Angeles Dodgers are spending big again to add one of baseball’s best pitchers to their star-studded roster. Blake Snell and the Dodgers agreed to a $182 million, five-year contract, according to a person with direct knowledge of the negotiations. Snell would join two-way star Shohei Ohtani and fellow Japanese …

Column: Dodgers’ pursuit of Blake Snell shows how Shohei Ohtani is a change agent
Trending News
3 weeks, 6 days ago

Column: Dodgers’ pursuit of Blake Snell shows how Shohei Ohtani is a change agent

LA Times  

Blake Snell pitches for the Giants in a game last season against the Milwaukee Brewers in San Francisco. The financial considerations that previously kept the Dodgers from pushing all-in on an annual basis suddenly feel as if they’re behind them, and the defending World Series champions now have a legitimate front-line starter in Snell to complement a historically dangerous lineup …

Juan Soto could decide on his next team before or during baseball’s winter meetings
3 weeks, 6 days ago

Juan Soto could decide on his next team before or during baseball’s winter meetings

Associated Press  

NEW YORK — Juan Soto appears on a timetable to decide on where to sign either before or during baseball’s winter meetings in Dallas, which run from Dec. 8-12. Soto is likely to seek a record contract, topping Shohei Ohtani’s $700 million, 10-year agreement with the Los Angeles Dodgers last December. For instance, Ohtani’s contract is valued at $46.1 million …

Catcher Jacob Stallings agrees to a $2.5M, 1-year deal with the Colorado Rockies
1 month ago

Catcher Jacob Stallings agrees to a $2.5M, 1-year deal with the Colorado Rockies

Associated Press  

DENVER — Catcher Jacob Stallings and the Colorado Rockies agreed to a $2.5 million, one-year contract on Wednesday. The deal carries a $2 million salary for next season, along with a $2 million mutual option for 2026 that includes a $500,000 base buyout. The 34-year-old Stallings set full-season career highs with Colorado last season when he hit.263 with nine homers …

Dodgers Dugout: Which free agents should the Dodgers bring back?
1 month, 1 week ago

Dodgers Dugout: Which free agents should the Dodgers bring back?

LA Times  

Hi, and welcome to another edition of Dodgers Dugout. Free agents Walker Buehler Jack Flaherty Kiké Hernández Teoscar Hernández Joe Kelly Clayton Kershaw Blake Treinen Retired Daniel Hudson Kevin Kiermaier Signed for next season We will list the player, what they will get next season and length of contract Austin Barnes, $3.5 million, signed through 2025 Mookie Betts, $30.4 million, …

Projecting MLB free agent contracts for Juan Soto, Corbin Burnes and other top players
1 month, 2 weeks ago

Projecting MLB free agent contracts for Juan Soto, Corbin Burnes and other top players

New York Times  

When Michael Bluth charged his own brother, Gob, for a Bluth frozen banana in a season one episode of “Arrested Development,” his mother Lucille chided him. Player Signed Ages fWAR1 fWAR3 fWAR5 Years Total 2024 AAV Blake Snell 2024 31-32 4.1 9.8 14.5 2 62.0 31.0 James Shields 2015 33-36 3.2 11.4 17.9 4 75.0 24.9 Blake Snell 2025 32 …

Dodgers Overcome 5-Run Deficit with Spectacular Plays, Rally for World Series Title
Trending News
1 month, 3 weeks ago

Dodgers Overcome 5-Run Deficit with Spectacular Plays, Rally for World Series Title

Associated Press  

The Los Angeles Dodgers clinched their second World Series title in five seasons with a thrilling 7-6 victory over the New York Yankees in Game 5 of the series. Despite trailing 5-0 in the first inning, the Dodgers staged a remarkable comeback with three Yankees defensive miscues and rally-scoring sacrifice flies from Gavin Lux and Mookie Betts. In the eighth …

Top 30 MLB free agents: Will Juan Soto get Shohei Ohtani money — and will Dodgers sign him?
1 month, 3 weeks ago

Top 30 MLB free agents: Will Juan Soto get Shohei Ohtani money — and will Dodgers sign him?

LA Times  

The champagne has barely dried. Re-signing with the Padres is a distinct possibility, especially since Profar left Boras for MVP, which represents Manny Machado and Fernando Tatis Jr. Tyler O’Neill, 29, OF, Boras: O’Neill has played more than 100 games only twice in seven seasons, but he hit more than 30 home runs both times, including 31 in 2024 in …

Shohei Ohtani: The face of baseball shrugging off a betting scandal to keep making history
2 months ago

Shohei Ohtani: The face of baseball shrugging off a betting scandal to keep making history

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Teoscar Hernández’s agent fires back at critics of one-year Dodgers deal: ‘Who’s laughing now?’
2 months, 1 week ago

Teoscar Hernández’s agent fires back at critics of one-year Dodgers deal: ‘Who’s laughing now?’

LA Times  

Most agents representing MLB players don’t publicly gloat. But most agents don’t take the heat from their colleagues that Rafa Nieves apparently did when he negotiated a one-year, $23.5-million deal for Teoscar Hernández with the Dodgers last offseason. “We were looking for a 3-year deal, and while reading the market and realizing that deal might not exist, I asked him …

Do the Mets have an answer for Shohei Ohtani? Plus Guardians-Yankees preview
2 months, 1 week ago

Do the Mets have an answer for Shohei Ohtani? Plus Guardians-Yankees preview

New York Times  

The Windup Newsletter ⚾ | This is The Athletic’s daily MLB newsletter. Danny Young, the Mets’ only other left-handed reliever, pitched 1 1/3 scoreless innings, and Ohtani hit a 103.1 mph shot off him that died at the center-field wall. Some of the Mets’ right-handed relievers inevitably will be summoned to face Ohtani, and here are their numbers against left-handed …

How MLB and Dodgers are cashing in on Shohei Ohtani’s 50-50 milestone
3 months ago

How MLB and Dodgers are cashing in on Shohei Ohtani’s 50-50 milestone

LA Times  

Dodgers star Shohei Ohtani celebrates with teammates after hitting his 51st home run of the season during the ninth inning of a 20-4 win over the Miami Marlins on Thursday. Ohtani has made more than a fair share of money for the Dodgers — particularly considering the presumptive National League most valuable player agreed to a $2-million salary this season …

Bobby Bonilla Day: How his deferred contracts compare to Shohei Ohtani’s deal
5 months, 3 weeks ago

Bobby Bonilla Day: How his deferred contracts compare to Shohei Ohtani’s deal

LA Times  

Shohei Ohtani, left, deferred most of the money in his $700-million deal with the Dodgers. Bobby Bonilla’s deferred contracts with the Mets and Orioles earn him $1,693,248.20 annually. The Dodgers, in fact, have made Bonilla’s yearly deferred income look like chump change. The net present value of Ohtani’s $700-million contract is only $437.5 million, and only $46 million currently counts …

Shohei Ohtani formally cleared by MLB of any involvement in gambling
6 months, 2 weeks ago

Shohei Ohtani formally cleared by MLB of any involvement in gambling

LA Times  

The Dodgers’ Shohei Ohtani stands in the dugout during the second inning of a game against the Reds on May 24. “Based on the thoroughness of the federal investigation that was made public, the information MLB collected, and the criminal proceeding being resolved without being contested, MLB considers Shohei Ohtani a victim of fraud,” the statement read, “and this matter …

Zack Wheeler and Phillies reach $126 million, 3-year deal for 2025-27
9 months, 2 weeks ago

Zack Wheeler and Phillies reach $126 million, 3-year deal for 2025-27

Associated Press  

PHILADELPHIA — Zack Wheeler turns 34 in May and just celebrated with his wife the birth of the couple’s third child. But Wheeler doesn’t want to pitch deep into his 30s — “old, old,” as the ace right-hander put it — so he told his agent he wanted a new contract to be short and he wanted one with the …

Despite a long free agency and a short contract, Cody Bellinger is thrilled to be back with the Cubs
9 months, 3 weeks ago

Despite a long free agency and a short contract, Cody Bellinger is thrilled to be back with the Cubs

Associated Press  

MESA, Ariz. — Cody Bellinger’s free agency dragged into spring training, and it ended without the long-term deal he sought. “I’m super happy that it worked out the way it did,” Bellinger said Wednesday at a news conference after signing an $80 million, three-year deal this week. “There’s definitely that thought that goes into and that is the goal, but …

Cody Bellinger is returning to the Cubs on an $80 million, 3-year contract, AP source says
9 months, 4 weeks ago

Cody Bellinger is returning to the Cubs on an $80 million, 3-year contract, AP source says

Associated Press  

Cody Bellinger is going back to the Chicago Cubs, agreeing to an $80 million, three-year contract, a person familiar with the deal told The Associated Press. Bellinger is set to make $30 million this year, and then $30 million in 2025 if he stays with Chicago and $20 million in 2026 if he doesn’t opt out of the contract. Healthy …

Cody Bellinger signs 3-year $80-million deal with Cubs a year after Dodgers let him go
10 months ago

Cody Bellinger signs 3-year $80-million deal with Cubs a year after Dodgers let him go

LA Times  

Chicago Cubs center fielder Cody Bellinger gestures to the Dodger Stadium crowd after being acknowledged by his former team prior to an April 14 game. A year after the Dodgers turned their backs on Cody Bellinger, the mercurial left-handed slugger has reportedly agreed to a three-year, $80-million contract with the Chicago Cubs. Bellinger, a center fielder and first baseman, had …

Tony Clark says MLBPA will protect the right for deferred contracts like Shohei Ohtani’s
10 months ago

Tony Clark says MLBPA will protect the right for deferred contracts like Shohei Ohtani’s

LA Times  

Tony Clark, executive director of the MLB Players Assn., talks with reporters before Game 1 of the World Series in October. “All of those things we should assume to be correct.” Clark’s comments came Monday, minutes after he and other MLBPA officials met with Dodgers players at the team’s Camelback Ranch facility, and more than two months after Ohtani inked …

Kershaw can earn up to $37.5 million over 2 years under new Dodgers deal that guarantees $10 million
10 months, 1 week ago

Kershaw can earn up to $37.5 million over 2 years under new Dodgers deal that guarantees $10 million

Hindustan Times  

NEW YORK — Clayton Kershaw can make up to $37.5 million over two seasons as part of his new contract with the Los Angeles Dodgers, getting the full amount depending on how many starts he makes following shoulder surgery. Kershaw gets a $5 million salary this year and can earn $7.5 million in performance bonuses for what his deal defines …

Kershaw can earn up to $37.5 million over 2 years under new Dodgers deal that guarantees $10 million
10 months, 1 week ago

Kershaw can earn up to $37.5 million over 2 years under new Dodgers deal that guarantees $10 million

Associated Press  

NEW YORK — Clayton Kershaw can make up to $37.5 million over two seasons as part of his new contract with the Los Angeles Dodgers, getting the full amount depending on how many starts he makes following shoulder surgery. Kershaw gets a $5 million salary this year and can earn $7.5 million in performance bonuses for what his deal defines …

D-backs add slugger Joc Pederson, who is intrigued with his new team’s speed, youth and power
10 months, 3 weeks ago

D-backs add slugger Joc Pederson, who is intrigued with his new team’s speed, youth and power

Associated Press  

PHOENIX — Joc Pederson watched the Arizona Diamondbacks’ surprise run to the World Series last fall and didn’t see a whole lot of luck. “They’ve always done the little things right and now they’ve added young superstars that are changing the game, stealing bases, hitting homers,” Pederson said. Arizona general manager Mike Hazen said adding a left-handed power bat like …

Teoscar Hernández says there’s no better place to play than with LA Dodgers
11 months ago

Teoscar Hernández says there’s no better place to play than with LA Dodgers

Associated Press  

LOS ANGELES — Teoscar Hernández initially was seeking a multiyear deal in a slow free-agent market, but the chance to join a powerful Los Angeles Dodgers lineup convinced the outfielder to sign a $23.5 million, one-year contract. Los Angeles has been baseball’s top spender this offseason, committing $1,235,687,500 to two-way star Shohei Ohtani, pitchers Yoshinobu Yamamoto and Tyler Glasnow, and …

Dodgers finalize $23.5M deal with Teoscar Hernández and hire former major leaguer Raúl Ibañez
11 months, 1 week ago

Dodgers finalize $23.5M deal with Teoscar Hernández and hire former major leaguer Raúl Ibañez

Associated Press  

LOS ANGELES — Teoscar Hernández finalized a $23.5 million, one-year contract with the Dodgers on Friday, the latest deal by big-spending Los Angeles that includes deferred money. Los Angeles has been baseball’s top spender this offseason, committing $1,235,687,500 to two-way star Shohei Ohtani, pitchers Yoshinobu Yamamoto and Tyler Glasnow, and Hernández. The Dodgers owe deferred payments to Ohtani, Mookie Betts, …

Brewers sign Burnes, Adames and Williams to avoid arbitration with all 3 players
11 months, 1 week ago

Brewers sign Burnes, Adames and Williams to avoid arbitration with all 3 players

Associated Press  

MILWAUKEE — The Milwaukee Brewers reached deals with 2021 NL Cy Young Award winner Corbin Burnes, two-time All-Star closer Devin Williams and shortstop Willy Adames on Thursday to avoid going to arbitration with all three players. Williams and the Brewers formally exchanged 2024 salary proposals, putting the sides on track for an arbitration hearing, but then quickly agreed to a …

Yamamoto’s contract with Dodgers includes 2 opt outs, but timing depends on elbow health
11 months, 3 weeks ago

Yamamoto’s contract with Dodgers includes 2 opt outs, but timing depends on elbow health

Associated Press  

NEW YORK — Yoshinobu Yamamoto will have two opportunities to opt out of his record $325 million, 12-year contract with the Los Angeles Dodgers, although the timing is tied to his pitching elbow’s health. Los Angeles announced the agreement two weeks after signing two-way star Shohei Ohtani to a record $700 million, 10-year contract. As part of the deal under …

Dodgers Dugout: Gee, $1.2 billion doesn’t go as far as it used to
11 months, 3 weeks ago

Dodgers Dugout: Gee, $1.2 billion doesn’t go as far as it used to

LA Times  

Hi, and welcome to another edition of Dodgers Dugout. Even last year, they were so good, and then when Shohei signed, I was like, ‘Yeah, I’m going to be on that team.’ I’m ecstatic.” Glasnow’s numbers: 2016: 0-2, 4.24 ERA, 23.1 IP, 22 hits, 13 walks, 24 K’s, 99 ERA+ 2017: 2-7, 7.69 ERA, 62 IP, 81 hits, 44 walks, …

Prized pitcher Yoshinobu Yamamoto agrees with Dodgers on $325 million deal, according to reports
1 year ago

Prized pitcher Yoshinobu Yamamoto agrees with Dodgers on $325 million deal, according to reports

Associated Press  

LOS ANGELES — Prized free-agent pitcher Yoshinobu Yamamoto and the Los Angeles Dodgers have agreed to a $325 million, 12-year contract, according to multiple reports. Yamamoto is set to join Japanese countryman Shohei Ohtani with the Dodgers, who signed the two-way superstar to a record $700 million, 10-year deal last week. “It was important to Shohei that this wasn’t the …

$1 billion boon? How Shohei Ohtani’s contract could make Dodgers MLB financial kings
1 year ago

$1 billion boon? How Shohei Ohtani’s contract could make Dodgers MLB financial kings

LA Times  

There is an old saying in business that you need to have money to make money. Because this has never been done.” Complete coverage: Shohei Ohtani signs record deal with Dodgers Shohei Ohtani, baseball’s top free agent, agrees to a $700-million deal with the Dodgers. “This may be close to an $800 million to $1 billion gain for the Dodgers …

Dodgers, Ohtani got creative with $700 million deal, but both sides still have some risk
1 year ago

Dodgers, Ohtani got creative with $700 million deal, but both sides still have some risk

Associated Press  

PHOENIX — Once the initial shock wore off on the price tag of Shohei Ohtani’s record-shattering $700 million, 10-year deal with the Los Angeles Dodgers, details about the contract emerged that were nearly as stunning. There’s also at least some risk for the franchise: The New York Mets famously deferred $5.9 million that slugger Bobby Bonilla was owed in 2000 …

Patch work, field work: How Dodgers could make Shohei Ohtani’s contract pay for itself
1 year ago

Patch work, field work: How Dodgers could make Shohei Ohtani’s contract pay for itself

LA Times  

Shohei Ohtani, left, shares a laugh with Dodgers President Stan Kasten, after being formally introduced as a member of the Dodgers during a news conference at Dodger Stadium on Thursday. “That won’t change.” Within hours of Thursday’s news conference, the Dodgers emailed fans, saying “It’s Sho Time” and offering dugout club seating for as much as $111,840 per seat this …

Ohtani can opt out of Dodgers deal if either of two executives lose their roles, an AP source says
1 year ago

Ohtani can opt out of Dodgers deal if either of two executives lose their roles, an AP source says

Associated Press  

LOS ANGELES — Shohei Ohtani can opt out of his $700 million, 10-year contract with the Los Angeles Dodgers if either of two key executives is no longer in place, a person familiar with the agreement told The Associated Press on Wednesday. The Athletic first reported Wednesday that Ohtani’s deal contained a provision allowing him to opt out at the …

Shohei Ohtani can opt out of his Dodgers contract under only one circumstance
1 year ago

Shohei Ohtani can opt out of his Dodgers contract under only one circumstance

LA Times  

Shohei Ohtani can opt out of his contract with the Dodgers if, according to reports, Andrew Friedman or Mark Walter leave the organization. Shohei Ohtani’s $700-million contract with the Dodgers does include an opt-out clause after all, albeit one that can be triggered only under specific circumstances. According to details of the 10-year contract filed by the Major League Baseball …

Shohei Ohtani’s $700 million contract with the Los Angeles Dodgers is a steal.
1 year ago

Shohei Ohtani’s $700 million contract with the Los Angeles Dodgers is a steal.

Slate  

The Los Angeles Dodgers won the biggest free agent sweepstakes of all time. The Dodgers’ desire to make a good deal and Ohtani’s desire to join the most consistent winning franchise in baseball have merged to form an awe-inspiring contractual arrangement worth “$700 million.” After Ohtani announced Saturday that he would join the Dodgers, details of the deal started to …

Opinion: How could Shohei Ohtani be worth $700 million?
1 year ago

Opinion: How could Shohei Ohtani be worth $700 million?

CNN  

Editor’s note: Frederic J. Frommer, a writer and sports and politics historian, is the author of several books, including “You Gotta Have Heart: Washington Baseball From Walter Johnson to the 2019 World Series Champion Nationals.” The views expressed in this commentary are his own. CNN — It’s hard to look at Shohei Ohtani’s record $700 million contract with the Los …

How much will Shohei Ohtani's contract cost the Dodgers?
1 year ago

How much will Shohei Ohtani's contract cost the Dodgers?

LA Times  

Thanks to the extreme deferrals in their stunning new contract, the Dodgers won’t be paying Shohei Ohtani his full $700 million over the next 10 years. As more clarity has come in the wake of Monday’s news that Ohtani would defer a whopping $680 million of his contract until after its completion, the full financial ramifications for the Dodgers have …

Shohei Ohtani deferring $68 million annually on his 10-year Dodgers contract
1 year ago

Shohei Ohtani deferring $68 million annually on his 10-year Dodgers contract

LA Times  

Shohei Ohtani walks off the mound during a game between the Angels and Pittsburgh Pirates on July. The extremely unusual structure — in which Ohtani will receive $68 million payments annually from 2034 to 2043, without interest, following the completion of the 10-year pact — was Ohtani’s idea, the person said, encouraged by the two-time MVP in the hopes of …

Shohei Ohtani gets the deal he deserves, and the Dodgers get a superstar — Law
1 year ago

Shohei Ohtani gets the deal he deserves, and the Dodgers get a superstar — Law

New York Times  

The Athletic has live coverage of Shohei Ohtani’s first Dodgers press conference I wrote in August that I thought Shohei Ohtani would still get a record-breaking contract even after his elbow injury that precludes him from pitching until 2025, and that he’d still end up underpaid relative to his actual value to his team. GO DEEPER ‘For a unique, historic …

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