Trout, Angels finalize record $426.5 million, 12-year deal
5 years, 9 months ago

Trout, Angels finalize record $426.5 million, 12-year deal

Associated Press  

ANAHEIM, Calif. — Mike Trout and the Los Angeles Angels announced their $426.5 million, 12-year contract on Wednesday night, a record deal that ties baseball’s top player to the Orange County club for what likely will be the rest of his career. “I have enjoyed my time as an Angel and look forward to representing the organization, my teammates and our fans for years to come.” Trout also thanked Angels owner Arte Moreno, who avoided two seasons of uncertainty over his superstar center fielder’s future by shattering the record for the biggest financial commitment to a player in North American team sports history. “Mike Trout, an athlete whose accomplishments have placed him among the greatest baseball players in the history of the game, has agreed to wear an Angels uniform for his entire career.” Trout’s $35.5 million average annual value surpasses pitcher Zack Greinke’s $34.4 million in a six-year deal with Arizona that started in 2016. Los Angeles also is coming off three consecutive losing seasons for the first time since 1992-94, but the Angels’ progress under general manager Billy Eppler was enough to persuade Trout to take the deal.

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History of this topic

Guerrero, Blue Jays agree at $28.5M on day of arbitration swap, Valdez, Astros at $18 million
1 day, 13 hours ago

Guerrero, Blue Jays agree at $28.5M on day of arbitration swap, Valdez, Astros at $18 million

Associated Press  

NEW YORK — Vladimir Guerrero Jr. and the Toronto Blue Jays avoided a salary arbitration hearing when the first baseman agreed Thursday to a $28.5 million, one-year contract on the day players and teams were to exchange proposed figures. Guerrero, a son of Hall of Famer Vladimir Guerrero, won a $19.9 million salary last year in a record high for …

The Yankees have moved on quickly after losing Juan Soto. Roki Sasaki could be next
3 weeks, 2 days 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
4 weeks, 2 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 …

Soto's record $765-m, 15-year deal reverberates through MLB
1 month ago

Soto's record $765-m, 15-year deal reverberates through MLB

China Daily  

Juan Soto Shortly after striking a record $765 million, 15-year contract for Juan Soto with the New York Mets, agent Scott Boras walked into Nick& Sam's, a restaurant near the winter meetings hotel, with about a dozen of his staff. Soto's deal sparked even greater expectations in a free agent market that includes pitchers Corbin Burnes and Max Fried, first …

Soto's record $765-m, 15-year deal reverberates through MLB
1 month ago

Soto's record $765-m, 15-year deal reverberates through MLB

China Daily  

Juan Soto Shortly after striking a record $765 million, 15-year contract for Juan Soto with the New York Mets, agent Scott Boras walked into Nick& Sam's, a restaurant near the winter meetings hotel, with about a dozen of his staff. Soto's deal sparked even greater expectations in a free agent market that includes pitchers Corbin Burnes and Max Fried, first …

Soto’s record $765 million, 15-year contract with Mets reverberates through Major League Baseball
1 month ago

Soto’s record $765 million, 15-year contract with Mets reverberates through Major League Baseball

Associated Press  

DALLAS — Shortly after striking a record $765 million, 15-year contract for Juan Soto with the New York Mets, agent Scott Boras walked into Nick & Sam’s, a restaurant near the winter meetings hotel, with about a dozen of his staff. We’re going to have to make really good decisions, and we’re not going to be able to outspend on …

What’s Juan Soto’s net worth after signing $765m deal with New York Mets?
Top News
1 month ago

What’s Juan Soto’s net worth after signing $765m deal with New York Mets?

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 …

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

$1 million per homer? $27,000 a point? $229 per second? Sports is loaded with money oddities
1 month ago

$1 million per homer? $27,000 a point? $229 per second? Sports is loaded with money oddities

Associated Press  

These were Juan Soto’s numbers in 2024: 41 home runs, 109 RBIs, a.288 batting average. Soto’s $765 million, 15-year agreement with the New York Mets — the richest contract in terms of total value to a player in U.S. major sports history, a massive move by billionaire Mets owner Steve Cohen — provides a chance to look at the numbers …

Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed
1 month ago

Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed

Associated Press  

Juan Soto and the New York Mets agreed to a record $765 million, 15-year contract Sunday night, a person familiar with the deal told The Associated Press. Ohtani won his first World Series title and third MVP award in the deal’s first year after hitting.310 with an NL-best 54 homers, 130 RBIs and 1.036 OPS. Giancarlo Stanton, Miami/New York Yankees, …

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

Baseball star Juan Soto lands world record 15-year, $765m deal with NY Mets
Trending News
1 month ago

Baseball star Juan Soto lands world record 15-year, $765m deal with NY Mets

Al Jazeera  

The Dominican baseball player moves to the Mets as free agent after playing last season for the New York Yankees. The New York Mets have made history by reportedly signing Dominican baseball superstar Juan Soto on a 15-year, $765m deal – the biggest ever in professional sports – leading oddsmakers to tab New York as a serious contender to go …

Inside Juan Soto landing the biggest contract in pro sports history from Steve Cohen’s Mets
Top News
1 month 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
1 month 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 …

Juan Soto to join New York Mets on 15-year, $765 million megadeal: Source
Trending News
1 month ago

Juan Soto to join New York Mets on 15-year, $765 million megadeal: Source

New York Times  

Juan Soto, the prodigiously talented and charmingly theatrical slugger, has now become the highest-paid player in the history of baseball, having agreed to a 15-year, $765 million contract with the New York Mets, a person briefed on the situation told The Athletic’s Ken Rosenthal. To put Soto’s bonanza in perspective, consider that the Fenway Sports Group purchased the Boston Red …

Will Juan Soto top Shohei Ohtani’s deal? In the era of deferred money, it might depend on the math
1 month ago

Will Juan Soto top Shohei Ohtani’s deal? In the era of deferred money, it might depend on the math

Associated Press  

NEW YORK — Deciding whether Juan Soto tops Shohei Ohtani for baseball’s largest contract could be in the eye of the beholder because of all the deferred money in Ohtani’s deal. And the answer to that is I don’t think they’re going to want to do anything that impedes their primary pursuit and goal.” The interest figure used for discounting …

Dodgers’ deferred payment obligations top $1 billion to 7 players with Snell and Edman contracts
1 month, 1 week ago

Dodgers’ deferred payment obligations top $1 billion to 7 players with Snell and Edman contracts

Associated Press  

NEW YORK — Contracts for Blake Snell and Tommy Edman increased the Los Angeles Dodgers’ obligations for deferred payments to more than $1 billion owed to seven players from 2028-46. Snell’s $182 million contract, announced Saturday, includes $66 million in deferred money payable to the pitcher through July 1, 2046, according to contract terms obtained by The Associated Press. “If …

Dodgers announce 5-year contract with LHP Blake Snell
1 month, 1 week 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 …

Left-hander Yusei Kikuchi and the LA Angels finalize a $63 million, 3-year contract
1 month, 2 weeks ago

Left-hander Yusei Kikuchi and the LA Angels finalize a $63 million, 3-year contract

Associated Press  

ANAHEIM, Calif. — The Los Angeles Angels are rebuilding from the worst season in franchise history, and they think Yusei Kikuchi will be a solid piece of their new foundation. The veteran left-hander and the Angels finalized a $63 million, three-year contract on Wednesday, adding another veteran arm to the Halos’ revamped rotation. Angels general manager Perry Minasian said the …

Blake Snell and Dodgers agree to $182 million, 5-year contract, AP source says
Trending News
1 month, 2 weeks 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 …

Juan Soto could decide on his next team before or during baseball’s winter meetings
1 month, 2 weeks 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 …

Pitcher Yusei Kikuchi and Los Angeles Angels agree to a $63 million, 3-year contract, AP source says
1 month, 2 weeks ago

Pitcher Yusei Kikuchi and Los Angeles Angels agree to a $63 million, 3-year contract, AP source says

Associated Press  

Left-hander Yusei Kikuchi and the Los Angeles Angels have agreed to a $63 million, three-year contract, a person familiar with the negotiations told The Associated Press. The 33-year-old Kikuchi gets $21 million annually during the contract, which raises his Major League Baseball earnings to $142 million over nine seasons. An All-Star with Seattle in 2021, Kikuchi was 9-10 with a …

Column: Yes, the Angels are signing players. But what can they expect from Mike Trout?
1 month, 2 weeks ago

Column: Yes, the Angels are signing players. But what can they expect from Mike Trout?

LA Times  

Angels center fielder Mike Trout sits in the dugout during a game last season, when he appeared in only 29 games because of injuries. With the deal, the Angels topped the $100-million mark in holiday spending before Thanksgiving, buying six players in their 30s: Kikuchi and fellow starting pitcher Kyle Hendricks, designated hitter Jorge Soler, backup catcher Travis d’Arnaud, backup …

What to make of the Braves’ recent cost-cutting moves and more MLB offseason notes
1 month, 2 weeks ago

What to make of the Braves’ recent cost-cutting moves and more MLB offseason notes

New York Times  

In years past, the Atlanta Braves might have offered Ramón Laureano a contract, even if it meant overpaying him by a million or two. While the Braves’ cash payroll might end up higher than it was last season, the team might be inclined to stay under the luxury-tax threshold after exceeding it the past two years. Consider Anthopoulos’ moves thus …

Infielder Kevin Newman agrees to one-year, $2.75-million deal with Angels
1 month, 4 weeks ago

Infielder Kevin Newman agrees to one-year, $2.75-million deal with Angels

LA Times  

Arizona Diamondbacks shortstop Kevin Newman throws against the Washington Nationals in July. Infielder Kevin Newman and the Angels agreed Thursday to a $2.75 million, one-year contract. Newman gets a $2.5 million salary next season, and the deal includes a $2.5 million club option for 2026 with a $250,000 buyout. A 31-year-old veteran of seven major league seasons, Newman hit.278 with …

Angels announce $2.5 million, 1-year contract with RHP Kyle Hendricks
2 months ago

Angels announce $2.5 million, 1-year contract with RHP Kyle Hendricks

Associated Press  

ANAHEIM, Calif. — The Los Angeles Angels and right-hander Kyle Hendricks finalized a $2.5 million, one-year contract on Thursday. He was the last Cubs player remaining from their 2016 World Series champions, who won the team’s first title since 1908. He pitched 4 1/3 shutout innings as the Cubs lost Game 3 to Cleveland 1-0 and 4 2/3 innings in …

Projecting MLB free agent contracts for Juan Soto, Corbin Burnes and other top players
2 months, 1 week 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 …

Top 30 MLB free agents: Will Juan Soto get Shohei Ohtani money — and will Dodgers sign him?
2 months, 1 week 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 …

Angels star Mike Trout says ‘everything’s on the table’ regarding position change
3 months, 3 weeks ago

Angels star Mike Trout says ‘everything’s on the table’ regarding position change

LA Times  

Mike Trout, left, is recognized as the Angels’ 2024 Roberto Clemente Award nominee before a game against the Houston Astros on Sept. 15. The Angels slugger and three-time American League most valuable player said before Monday’s game against the Chicago White Sox that “everything’s on the table” when he meets with the team during the offseason. “Ultimately, my goal is …

Angels star Mike Trout is hoping to return to the team’s lineup by late July
6 months, 1 week ago

Angels star Mike Trout is hoping to return to the team’s lineup by late July

Associated Press  

ANAHEIM, Calif. — Mike Trout repeatedly said he doesn’t have a timetable for his return. “Oh yeah, I’ll be back before that,” Trout said Saturday before the Angels hosted the Detroit Tigers. It makes me relieved not to feel.” Trout hasn’t played since April 29 after an MRI exam confirmed he had torn meniscus in his left knee. We’re getting …

Angels star Mike Trout confident he’ll return by late July: ‘I’m itching to hit’
6 months, 1 week ago

Angels star Mike Trout confident he’ll return by late July: ‘I’m itching to hit’

LA Times  

Angels star Mike Trout hasn’t played since April 29, and days later he had surgery to repair a torn meniscus in his knee. “Oh yeah, I’ll be back before that,” Trout said Saturday before the Angels hosted the Detroit Tigers. It makes me relieved not to feel.” Trout hasn’t played since April 29 after an MRI exam confirmed he had …

Hal Steinbrenner says Yankees’ payroll is ‘not sustainable.’ What it means for Juan Soto pursuit
7 months, 2 weeks ago

Hal Steinbrenner says Yankees’ payroll is ‘not sustainable.’ What it means for Juan Soto pursuit

New York Times  

NEW YORK — The New York Yankees’ $302 million payroll this year is the highest in franchise history. It’s an important quote to begin with when analyzing what the Yankees’ payroll could look like next season because they would like to re-sign superstar right fielder Juan Soto to a contract that ideally covers the rest of his MLB career. If …

Angels struggled with Mike Trout and Anthony Rendon. How much worse can they get?
8 months, 1 week ago

Angels struggled with Mike Trout and Anthony Rendon. How much worse can they get?

LA Times  

Anthony Rendon, left, and Mike Trout celebrate after the Angels’ win over the Boston Red Sox on April 6. Never mind star power — that vanished along with Trout, Rendon and Ohtani — the Angels need players who can perform at an acceptable major league level. In 687 plate appearances in parts of five major league seasons, he’s batted.221 with …

Former MVP Mike Trout needs surgery on torn meniscus. The Angels hope he can return this season
8 months, 1 week ago

Former MVP Mike Trout needs surgery on torn meniscus. The Angels hope he can return this season

Associated Press  

ANAHEIM, Calif. — Los Angeles Angels star Mike Trout will have surgery to repair a torn meniscus in his left knee, sidelining the three-time AL MVP indefinitely. It was just aching all night.” Trout’s latest injury is another major blow to the Angels, who are off to an 11-18 start in their first season since Shohei Ohtani’s free-agent departure. “I’ve …

Column: Mike Trout’s latest injury puts floundering Angels between a rock and a hard place
8 months, 1 week ago

Column: Mike Trout’s latest injury puts floundering Angels between a rock and a hard place

LA Times  

Mike Trout’s name came up in a recent conversation with a major league executive. The best-case scenario for the Angels might be no prime prospects, he said, because that could mean that another team had agreed to absorb the entirety of Trout’s contract. A realistic best-case scenario would be the Angels buying top prospects: fortifying a paper-thin minor league system …

Mike Trout to have knee surgery, but could return to Angels this season
8 months, 1 week ago

Mike Trout to have knee surgery, but could return to Angels this season

LA Times  

Angels star Mike Trout will have surgery to repair a torn meniscus in his left knee, sidelining the three-time AL MVP indefinitely. The Angels believe Trout will be able to return this season, general manager Perry Minasian said while announcing the injury Tuesday. It was just aching all night.” Trout’s latest injury is another major blow to the Angels, who …

Chicago Cubs finalize Bellinger contract after trading a minor leaguer to the White Sox
10 months, 2 weeks ago

Chicago Cubs finalize Bellinger contract after trading a minor leaguer to the White Sox

Associated Press  

MESA, Ariz. — The Chicago Cubs finalized Cody Bellinger’s $80 million, three-year contract on Tuesday after they traded left-hander Bailey Horn to the White Sox, clearing a spot on their 40-man roster. The Cubs sent Horn to the White Sox for minor league right-hander Matt Thompson. The 26-year-old Horn, a fifth-round pick by the White Sox in the 2020 amateur …

Cody Bellinger is returning to the Cubs on an $80 million, 3-year contract, AP source says
10 months, 2 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, 2 weeks 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 …

Mike Trout still sees his future with Angels: ‘I want to win a championship here’
10 months, 3 weeks ago

Mike Trout still sees his future with Angels: ‘I want to win a championship here’

LA Times  

Mike Trout discussed his future and Anthony Rendon talked about his priorities as the two Angels veterans made some interesting comments Monday with hitters reporting to spring training camps across Arizona and Florida. Trout, a three-time MVP and 11-time All-Star who has played in only one postseason series, said he has no interest in requesting a trade even as the …

Rhys Hoskins and Brewers agree to a $34 million, 2-year contract, AP source says
11 months, 2 weeks ago

Rhys Hoskins and Brewers agree to a $34 million, 2-year contract, AP source says

Associated Press  

Rhys Hoskins and the Milwaukee Brewers have agreed to a $34 million, two-year contract, filling the team’s opening at first base. The 30-year-old first baseman was able to swing before the end of the season, but he didn’t play for Philadelphia even when the Phillies extended their season by reaching the NL Championship Series. He had a $12 million, one-year …

Dodgers finalize $23.5M deal with Teoscar Hernández and hire former major leaguer Raúl Ibañez
11 months, 4 weeks 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, 4 weeks 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
1 year 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 …

$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 …

Arte Moreno and Angels declined to match $700-million offer for Shohei Ohtani
1 year ago

Arte Moreno and Angels declined to match $700-million offer for Shohei Ohtani

LA Times  

Shohei Ohtani, left, bumps fists with Angels owner Arte Moreno in 2021. Before Shohei Ohtani made his decision last week to sign with the Dodgers, he and his agent, Nez Balelo of CAA Sports, approached the Angels near the end of his free-agent process, giving Ohtani’s old team a chance to convince him to stay in Anaheim. In a Zoom …

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’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 …

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 …

Shohei Ohtani deferring $68 million annually on his 10-year Dodgers contract
1 year, 1 month 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 …

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