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 Angeles Dodgers without experiencing some reflexive sticker shock. As Sports Illustrated’s Tom Verducci wrote, Ohtani “can return as much as $25 million a year in ancillary income and brand value, according to the owner of a rival team.” Americans have long been fascinated with what we pay our top athletes. Back in 1979, the Houston Astros signed pitcher Nolan Ryan to a then-stunning $4.5 million contract for four years — making him baseball’s first player to make more than $1 million a season. Evil in the 1997 film “Austin Powers: International Man of Mystery” when he proposes holding a nuclear warhead for a ransom of … “$1 million!” Within the insular world of professional sports, $1 million hasn’t been considered a lot of money for a long time.

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History of this topic

$1m per homer? $27,000 a point? $229 per second?
1 week, 5 days ago

$1m per homer? $27,000 a point? $229 per second?

China Daily  

New York Yankees' Juan Soto celebrates after hitting a home run against the Los Angeles Dodgers during the third inning in Game 2 of the MLB World Series, on Oct 26, in Los Angeles. The New York Mets and star free agent slugger Soto reportedly agreed on a 15-year, $765 million deal, which would be the largest contract ever given …

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

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

The Independent  

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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 …

Baseball star Juan Soto lands world record 15-year, $765m deal with NY Mets
Trending News
2 weeks, 1 day 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 …

‘A Shohei economy’: How Shohei Ohtani’s first year transformed the Dodgers financially
2 weeks, 1 day ago

‘A Shohei economy’: How Shohei Ohtani’s first year transformed the Dodgers financially

LA Times  

The announcements came like a metronome at the start of last season, a steady stream of almost weekly news releases from the Dodgers announcing one Japanese sponsorship deal after the next. And even before accounting for the staggering $680 million of deferrals Ohtani proposed in his contract — a structure that preserved the Dodgers’ payroll flexibility by paying him only …

Baseball star Shohei Ohtani seeks $325,000 worth of baseball cards from his ex-interpreter
Trending News
3 weeks, 5 days ago

Baseball star Shohei Ohtani seeks $325,000 worth of baseball cards from his ex-interpreter

Associated Press  

Baseball star Shohei Ohtani wants his former interpreter to hand over hundreds of thousands of dollars worth of baseball cards he says were fraudulently bought using his money. The Los Angeles Dodgers star is also requesting Ippei Mizuhara, who previously pleaded guilty to bank and tax fraud for stealing nearly $17 million from the unsuspecting athlete, return signed collectible baseball …

Dodgers star Shohei Ohtani seeks $325,000 worth of baseball cards from ex-interpreter
3 weeks, 5 days ago

Dodgers star Shohei Ohtani seeks $325,000 worth of baseball cards from ex-interpreter

LA Times  

Dodgers star Shohei Ohtani, right, is seeking $325,000 worth of baseball cards former interpreter Ippei Mizuhara, left, bought using Ohtani’s money. Baseball star Shohei Ohtani wants his former interpreter to hand over hundreds of thousands of dollars’ worth of baseball cards he says were fraudulently bought using his money. The Dodgers star is also requesting that Ippei Mizuhara, who previously …

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 …

Shohei Ohtani's 50-50 Ball Sells for Record Price at Auction Amid Ongoing Lawsuit
2 months ago

Shohei Ohtani's 50-50 Ball Sells for Record Price at Auction Amid Ongoing Lawsuit

CNN  

The 50-50 ball, which Shohei Ohtani made history with by becoming the inaugural member of the 50-50 club, sold for almost $4.4 million at auction amid ongoing questions over the rightful ownership of the ball. The ball was put up for auction by auction house Goldin and was eventually won for $4,392,000, the highest price ever paid for a ball …

Shohei Ohtani’s 50th home run ball sells for record $4.4 million. Who gets the money?
2 months ago

Shohei Ohtani’s 50th home run ball sells for record $4.4 million. Who gets the money?

LA Times  

Dodgers star Shohei Ohtani celebrates after hitting his 50th home run of the season during the seventh inning of a 20-4 win over the Miami Marlins at LoanDepot Park on Sept. 19. The previous record was $3.05 million, which was paid in 1999 for Mark McGwire’s 70th home run ball from the previous season. Ohtani hit the milestone home run …

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 …

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 …

Historic Shohei Ohtani home-run baseball put up at auction for record price
2 months, 4 weeks ago

Historic Shohei Ohtani home-run baseball put up at auction for record price

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 …

How much is Shohei Ohtani’s ‘50-50’ ball worth?
3 months ago

How much is Shohei Ohtani’s ‘50-50’ ball worth?

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 …

Shohei Ohtani’s 50th home run ball could be worth $500,000. It slipped through these fans’ hands
3 months ago

Shohei Ohtani’s 50th home run ball could be worth $500,000. It slipped through these fans’ hands

LA Times  

Dodgers star Shohei Ohtani reacts after hitting his 50th home run during the seventh inning against the Miami Marlins on Thursday in Miami. I could’ve just plunged out, I guess — definitely would’ve gotten hurt,” said Wold, a Palm Beach, Fla., resident who attended the game with a group of his co-workers from Franklin Street real estate. Greg Matus told …

Shohei Ohtani: Baseball’s new Babe Ruth, only bigger
5 months, 3 weeks ago

Shohei Ohtani: Baseball’s new Babe Ruth, only bigger

LA Times  

Shohei Ohtani, photographed in Seattle in 2022. When federal prosecutors asserted in April that Shohei Ohtani didn’t place any wagers with an illegal bookmaker or knowingly pay off the debts of his former interpreter, the baseball world breathed a collective sigh of relief. Ohtani, who signed a 10-year, $700-million contract with the Dodgers last year, could be the single greatest …

Shohei Ohtani Day to be annual event in Los Angeles for duration of his Dodgers career
7 months ago

Shohei Ohtani Day to be annual event in Los Angeles for duration of his Dodgers career

Associated Press  

LOS ANGELES — It’s Shohei Ohtani Day in Los Angeles. The Japanese two-way superstar was honored at Los Angeles City Hall on Friday and presented with a city council resolution that declared May 17 as Shohei Ohtani Day for the duration of his Dodgers career. The council recognized Ohtani for his athletic achievements, with Dodgers manager Dave Roberts and members …

Shohei Ohtani not in Dodgers’ starting lineup vs. Padres because of back tightness
7 months, 1 week ago

Shohei Ohtani not in Dodgers’ starting lineup vs. Padres because of back tightness

Associated Press  

SAN DIEGO — Shohei Ohtani was not in the Dodgers’ starting lineup against the San Diego Padres on Sunday because of back tightness that forced him to exit a game Saturday night. Los Angeles manager Dave Roberts said sitting Ohtani would be a precautionary measure. Ohtani left after his fourth at-bat in a 5-0 win over the Padres on Saturday …

How hitting with runners in scoring position has been Shohei Ohtani’s one Dodgers flaw
7 months, 3 weeks ago

How hitting with runners in scoring position has been Shohei Ohtani’s one Dodgers flaw

LA Times  

Shohei Ohtani walks back to the dugout after striking out Tuesday against the Arizona Diamondbacks. But, on Shohei Ohtani’s first off day as a Dodger, the discourse Wednesday centered on the one big struggle of his 2024 season — a weakness that had cropped up again the night before. “Certainly, there was some opportunities,” manager Dave Roberts said a day …

Ohtani hits 175th home run in Major League Baseball, tying Matsui for most by a Japanese-born player
8 months, 1 week ago

Ohtani hits 175th home run in Major League Baseball, tying Matsui for most by a Japanese-born player

Associated Press  

LOS ANGELES — Shohei Ohtani’s 175th home run in the majors was not only a milestone, it was record-tying. Ohtani equaled Hideki Matsui for the most homers by a Japanese-born player with a solo shot during the first inning of the Los Angeles Dodgers’ game against the San Diego Padres on Friday night. On Friday afternoon, a federal judge in …

Shohei Ohtani's Translator Accused Of Stealing Over $16 Million From Baseball Star's Account
8 months, 1 week ago

Shohei Ohtani's Translator Accused Of Stealing Over $16 Million From Baseball Star's Account

Huff Post  

LOADING ERROR LOADING Federal prosecutors on Thursday charged the Japanese-language translator for Shohei Ohtani with felony bank fraud, accusing Ippei Mizuhara of stealing millions of dollars from the Los Angeles Dodgers star to cover his own gambling debts. According to an affidavit provided to HuffPost, Mizuhara transferred more than $16 million out of Ohtani’s checking account from November 2021 to …

Shohei Ohtani’s ex-interpreter charged with stealing $16M from baseball star in sports betting case
8 months, 1 week ago

Shohei Ohtani’s ex-interpreter charged with stealing $16M from baseball star in sports betting case

Associated Press  

LOS ANGELES — Federal authorities charged the former longtime interpreter for Los Angeles Dodgers star Shohei Ohtani on Thursday with federal bank fraud, alleging that he stole more than $16 million from the Japanese sensation to cover gambling bets and debts. U.S. Attorney Martin Estrada said Mizuhara was so intertwined in Ohtani’s life and career that he became the star’s …

Shohei Ohtani's legend continues as baseball star, not a gambler
8 months, 1 week ago

Shohei Ohtani's legend continues as baseball star, not a gambler

LA Times  

Two weeks after sinking into a murky abyss, the legend of Shohei Ohtani has suddenly come up for air, surfacing powerfully through a thick layer of felonious lies and criminal deceit. I didn’t quite believe Ohtani when he recently threw Mizuhara under the bus by saying, “Ippei has been stealing money from my account and has told lies.” With Thursday’s …

Ohtani and Dodgers rally to beat Padres 5-2 in season opener, first MLB game in South Korea
9 months ago

Ohtani and Dodgers rally to beat Padres 5-2 in season opener, first MLB game in South Korea

Associated Press  

SEOUL, South Korea — The Los Angeles Dodgers started their Shohei Ohtani era with a memorable win on a night of firsts. Ohtani’s RBI single capped a four-run eighth-inning rally in his Dodgers debut, and Los Angeles beat the San Diego Padres 5-2 in Wednesday night’s opener, Major League Baseball’s first game in South Korea. There’s a lot more eyeballs …

Why the Dodgers are making Shohei Ohtani their new No. 2 hitter, in front of Freddie Freeman
9 months, 3 weeks ago

Why the Dodgers are making Shohei Ohtani their new No. 2 hitter, in front of Freddie Freeman

LA Times  

The Dodgers’ Shohei Ohtani connected for his first home run of spring training during his third at-bat on Tuesday against the White Sox. Thus, come opening day, expect Betts, Ohtani and Freeman in that order to emerge as the Dodgers’ preference for their lineup’s new Big Three. “No matter where I’m hitting in the lineup, I’m not really going to …

Shohei Ohtani vs. LeBron James: Who makes more?
10 months, 2 weeks ago

Shohei Ohtani vs. LeBron James: Who makes more?

LA Times  

Shohei Ohtani, at DodgerFest last week, is the top-ranked baseball player on Sportico’s list of 100 highest-paid athletes in the world. James ranked fourth at $125.7 million, with $80 million in endorsements and other deals, and $45.7 million over the last calendar year from the Lakers. Ohtani ranked 16th — and first among baseball players — at $70 million: $30 …

Shohei Ohtani could avoid paying tens of millions in California taxes. Not so fast, state says
11 months, 2 weeks ago

Shohei Ohtani could avoid paying tens of millions in California taxes. Not so fast, state says

LA Times  

Shohei Ohtani is introduced as a member of the Dodgers during a news conference at Dodger Stadium on Dec. 14. Congress should narrow a loophole that could spare Shohei Ohtani from paying tens of millions in California taxes, the state controller said Monday. How Shohei Ohtani’s contract could make Dodgers MLB financial kings Shohei Ohtani’s unique contract presents an equally …

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, …

Ohtani hits one out of the park, gifting a Porsche to Dodger pitcher Joe Kelly’s wife days before Christmas
1 year ago

Ohtani hits one out of the park, gifting a Porsche to Dodger pitcher Joe Kelly’s wife days before Christmas

LA Times  

Shohei Ohtani speaks at a news conference earlier this month announcing the signing of his staggering $700-million contract with the Los Angeles Dodgers. New Dodger phenomenon Shohei Ohtani played Santa for a fellow player’s family Friday, gifting a new sports car to Ashley Kelly for her tongue-in-cheek campaign to lure him to the Dodgers by offering Ohtani her husband’s jersey …

$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 …

Commentary: Shohei Ohtani is a victory for Dodgers’ bottom line. Can they do the same between the lines?
1 year ago

Commentary: Shohei Ohtani is a victory for Dodgers’ bottom line. Can they do the same between the lines?

LA Times  

The Guggenheim Baseball logo was prominently displayed when Andrew Friedman, the Dodgers’ president of baseball operations, spoke about Shohei Ohtani on Thursday. The Dodgers have introduced plenty of star players over the years, but Thursday’s news conference with Shohei Ohtani resided in another stratosphere. For all the hysteria surrounding Ohtani’s contract — first the jaw-dropping $700 million figure followed by …

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 …

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 …

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 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 …

Dodgers Dugout: Now that Shohei Ohtani has broken the bank, what's next?
1 year ago

Dodgers Dugout: Now that Shohei Ohtani has broken the bank, what's next?

LA Times  

Hi, and welcome to another edition of Dodgers Dugout. Let’s take a look at some numbers: 2018 Batting:.285/.361/.564, 104 games, 21 doubles, 3 triples, 22 homers, 151 OPS+ Pitching: 4-2, 3.31 ERA, 10 starts, 51.2 IP, 38 hits, 22 walks, 63 K’s, 127 ERA+ 2019 Batting:.286/.343/.505, 106 games, 20 doubles, 5 triples, 18 homers, 121 OPS+ Pitching: did not pitch, …

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 …

The incomparable Shohei Ohtani: 10 magic numbers that reflect his rare greatness
1 year ago

The incomparable Shohei Ohtani: 10 magic numbers that reflect his rare greatness

New York Times  

The Athletic has live coverage of Shohei Ohtani’s first Dodgers press conference There has never been anyone like him. It’s also possible there may never even be another contract like the 10-year, $700 million Powerball ticket that Shohei Ohtani agreed to with the Dodgers over the weekend. Judge plus Cole = $684 million Ohtani just by himself = $700 million …

Shohei Ohtani signed with the Dodgers for $700 million. Here’s everything you need to know
1 year ago

Shohei Ohtani signed with the Dodgers for $700 million. Here’s everything you need to know

New York Times  

The Athletic has live coverage of Shohei Ohtani’s first Dodgers press conference The sports world went into a tizzy over the weekend when Shohei Ohtani announced he was signing with the Los Angeles Dodgers for what his agency said was a record-shattering $700 million. What the deal means for the Dodgers • ‘For a unique, historic player,’ Dodgers give Shohei …

The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
1 year ago

The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell

Associated Press  

PHOENIX — Shohei Ohtani’s jaw-dropping $700 million, 10-year deal with the Los Angeles Dodgers has some similarities to other contracts for the world’s biggest sports stars, including soccer icons Lionel Messi and Cristiano Ronaldo, along with NFL quarterback Patrick Mahomes. “If Ohtani is marketed right, he’s a globally iconic player,” said Mike Lewis, a professor of marketing at Emory University …

Shohei Ohtani Agrees To Record $700 Million, 10-year Contract With Dodgers
1 year ago

Shohei Ohtani Agrees To Record $700 Million, 10-year Contract With Dodgers

Huff Post  

LOADING ERROR LOADING NEW YORK — Shohei Ohtani has set a financial record to go along with his singular on-field performance, getting a record $700 million to make a 30-mile move up Interstate 5 to the Los Angeles Dodgers. “He is excited to begin this partnership, and he structured his contract to reflect a true commitment from both sides to …

Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
1 year ago

Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers

Associated Press  

Shohei Ohtani, Lionel Messi, Cristiano Ronaldo, Patrick Mahomes and Mike Trout. Ohtani cashed in on his success on Saturday, agreeing to a $700 million, 10-year contract with the Los Angeles Dodgers. Messi’s Inter Miami deal is for 2 1/2 seasons, and it pays him between $50 million and $60 million annually — putting the total contract value between $125 million …

How Shohei Ohtani’s ‘unprecedented’ contract will help the Dodgers build their roster
1 year ago

How Shohei Ohtani’s ‘unprecedented’ contract will help the Dodgers build their roster

LA Times  

There’s almost no such thing as a $700-million bargain in baseball. By agreeing to a record-breaking 10-year, $700-million contract with Shohei Ohtani on Saturday, the Dodgers both added a two-time MVP to their star-studded roster and structured the contract — thanks largely to Ohtani’s decision to take an unprecedented amount of deferred money — in a way that should allow …

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