Shohei Ohtani Lands 10-Year $700M Contract With Dodgers
Shohei Ohtani Lands The Richest Contract In MLB History After Securing $700 Million Bag With Los Angeles Dodgers
Written by
Bernard "Beanz" Smalls
Published on
December 9, 2023
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Source: Ronald Martinez / Getty / Shohei Ohtani
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Shohei Ohtani’s Deal Broken Down
Ohtani’s blockbuster contract is the largest in baseball history by $250 million, easily eclipsing his former Angels teammate Mike Trout’s $426.5 million deal he signed in 2019. The new Los Angeles Dodgers’ $70 million annual salary is also mind-blowing, compared to the previous record of $43.3 million for Justin Verlander and Max Scherzer. Per ESPN:The deal does not include any opt-outs, a source told ESPN. Another source said “the majority” of Ohtani’s salary will be deferred in order to mitigate what the Dodgers are charged toward their competitive balance tax payroll on a yearly basis, giving them more freedom to add to their payroll over the life of Ohtani’s contract. The deferrals, according to the source, were Ohtani’s idea.
Social Media Reactions
As you can imagine, the sports world is reacting to the news. “A big big congratulations and job well done to my partner and Dodgers majority owner Mark Walter, Stan Kasten, Andrew Friedman, and the rest of the Dodgers organization for signing Shohei Ohtani!” Dodgers part-owner Magic Johnson wrote in a post on X, formerly Twitter. The other reactions to the news are just pure comedy. When it comes to Dodgers, the rich keep on getting richer. We shall see if Ohtani helps them secure another World Series Championship. You can see more reactions in the gallery below. — Photo: Ronald Martinez / Getty1. LOL
2. Dodgers fans everywhere.
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