Revealed: Shohei Ohtani To Defer An Insane 97% Of His Contract
Shohei Ohtani on a $2M salary? That's the deal he agreed to as a new shocking report on Monday suggests he'll defer a whopping $68M of his $70M annual paycheck for every year of his 10-year deal with the Los Angeles Dodgers.
Looks like the Dodgers will have a lot more to spend on other players than everyone thought.
Exclusive @TheAthletic: Shohei Ohtani will defer $68 million per year of his $70 million annual salary over the course of his 10-year, $700 million deal with the Dodgers, allowing the team to keep spending, according to a person briefed on the terms.https://t.co/IsnWlsbTq9
— Fabian Ardaya (@FabianArdaya) December 11, 2023
The exclusive report was dropped today by Fabian Ardaya of The Athletic, and illustrates how much Ohtani wants the Dodgers to have the resources to put a winning team around him.
This means that Ohtani will earn just $2M a year for the next decade, then $68M a year from 2034 to 2043, from age 40 to 49.Ohtani will receive $2 million per year for the next 10 years, then $68 million per year between 2034-43, per source.
— Mark Feinsand (@Feinsand) December 11, 2023
As noted by Jeff Passan, the unprecedented structure of the contract was proposed by Ohtani himself. The insider noted that Ohtani's off-the-field earnings ($40M last year) are significant enough for him to do it. Passan also noted that it is fully legal under baseball's CBA (deferred money is "limitless.")
$680M deferred? Wow.
Photo: Kiyoshi Mio-USA TODAY Sports
Post a Comment