That's just not right lol. They looked fine until they both started slumping hard, Rendon went on IR, and it followed with Shohei and Taylor Wards injuries. The team actually looked alright til all that happened.
@@MiniatureMorpheus wrong. rendon played what.. 40 games? taylor got hit in the face with a baseball and went out , ohoppe got on the IR, neto went out too.. and THEN Trout got injured when they were still chasing a playoff spot. they didn't 'look fine". had no pitching and had no bull pen and now they had no hitters. but still shohie wanted to carry the team to the playoffs - except now w/o trout and majority of the "team", what lil protection he had was completely gone. THEN.. he injured his elbow and his season was over .. with a month to go in the reg season.. no. the angels didn't "look fine" all season - maybe except the first 2 months and i suspect u tuned out after
@@lahellight4337 At one point we were in hands reach of a wildcard, I'll take the positive where I can get it. Neto and Schanuel playing well and Moose adding a nice bump but Rendon was a bad idea from the jump and Ward was the last straw. Ill take the bit of hope we had we all knew what it was. Can't cry over spilt Japanese milk now and I choose to simply focus on the Ducks at this point.
Not having a season above .500 and not making the playoffs in 6 seasons with 2 of the best players in baseball is unacceptable. That GM failed miserably, the team was never good.
Ohtani only wants to achieve greatness and doesn't care about money or women, but what he's doing is creating this compounding interest effect, the less he care about money, the more will come to him, he's thinking for the long term
Tom Verducci made a very interesting point in that if Ohtani was going for the cash, he would've invited teams like the Yankees, Red Sox and the Mets to the table only to up the ante. On the other hand most everyone fails to mention that the loyalty or dedication and faith the Dodgers had shown to Shohei for over a decade really payed off this time. The Dodgers were scouting him in high school even before he became famous in Japan. Think how that must've felt for a boy growing up in the rural recluse of Japan. The Dodgers didn't give up even after Ohtani joined the Angels. Ohtani just responded with honor.
To say he didn't go for the money is silly. He's going to get 700 million. He's deferred it and will still get paid while the team gets a 68 million a year liability to hamstring them for 10 years in the 2030's.
When Otani retires, I think he will establish baseball academies around the world and do missionary work to the children who will lead the next generation. Ohtani must be thinking about the future of baseball. I think it would be great if that happened.
"Well you can't play for free." Ohtani has next level humility and I love it. Honestly could be breaking a barrier for how future athlete's deals are done. Well done!👏🏽
Yeah I'm sure every athlete wants to wait a decade to get paid first. Ohtani is only able to do this because he makes a bajillion dollars a year in sponsorships
You don't even know what you're talking about. Bobby Bonilla has been deferring money for 25 years. This isn't new. Mookie Betts is on the Dodgers already deferring money.
Well, that and money lol. Dude is already worth a ton, is getting 50mil per year in advertising, and now will get nearly 70mil per year 1 decade from now for a decade. If all he wanted to do was win, he could have stayed in Japan and wiped the floor with everyone there while making less money and playing in front of his home country.
@@173jaSon371😂😂😂 you Americans only think about greed If he was greedy he would have waited an extra 2yrs to come to US Would have made an extra $200m 😂😂😂😂 He essentially signed a $460M contract for 10yrs due to inflation adjustments. He’s taking a LOST in deferring little bruh
SHOWS HIS TRUE CHARACTER AND DESIRE TO WIN! TAKING LESS NOW IN MY PRIME TO SAVE AND GET KEYS PLAYERS TO INCREASE WINNING CHANCES. EITHER WAY THE MONEY GON HIT THE BANK. SMART!!!
From what I understand, the remaining 68 mill each year goes into an escrow, to which it will accrue interest. So not only will the Dodgers profit from his jersey sales and increased ticket prices, they'll profit from his actual contract structure
Nobody has ever said that Arte Moreno runs the Angels “smartly” lol. The man only spends on star players and cuts back in literally every other department. Coaching, minors, nutrition, conditioning, etc all barely funded leading to a shitshow of a team
One of the reasons why Ohtani chose the Dodgers over the Blue Jays is because of the broadcast time slot from Japan. The Dodgers on the West Coast will be broadcasting around 10 a.m., while the East Coast Blue Jays will be broadcast around 2 a.m. Japan time. In other words, Japanese people will not be able to watch live broadcasts of East Coast teams for the next 10 years. Otani wants Japanese people, especially children, to watch him play baseball live. That's why I first decided on the West Coast Angels.
Ohtani is not only the most talented player most of us have ever seen in our lives, he’s also the best General Manager. This is like when Call of Duty has those bundles for $20, but give you the 2400 CP with them to get another bundle with. Ohtani basically just DLC’d MLB.
@@MysTicBiGz I don’t think he honestly really cares about the money. He wants those rings. He will more than make up for it with his deals off the field.
He's taken Tom Brady's approach to contracts to a new level. Besides helping his team, he has a shot at saving nearly $100 million is California state income tax. He'll be living in Japan when he gets paid, and the California government bloodsuckers will be forced to come up with a plan to get his money even though he's a non-resident.
Definitely interesting... he frees up payroll for the team while having plenty of money for when he's done with baseball for 50 years. Kind of odd to call it selfless when the guy is going to get an OBSCENE amount of money eventually, BUT is is a unique contract. I wish the Yankees could do this with Judge or the Stanton contract.
This is 100% the most team friendliest contract in the history of all sports. This is utter stupidity and a horrible financial move by Ohtani. It seems someone does not understand the basic concepts of finance or the TVPVFV of money...in layman's terms, $68M buys a lot more today than it will be in 20 years. Ohtani would be better off taking all of his annual salary up front and putting it in low return investment accounts. For example, park the money in luxury real estate by buying 10 houses for $7M each or just put it in a real estate ETF. JP Morgan Chase's Real Estate ETF is averaging 4% in annual returns on investment or $2,800,000 per year for Ohtani In a vacuum and in theory and not taking into account real world implications, $70M in an investment account at a LOW annual return rate of 2% would give Ohtani $1,400,000 per year!!!!! what if something happens to the dodgers or their owners in the 20 years ? What if there is a Madoff scam like the Mets, a nasty divorce, a death and estate battle, or bankruptcy ? Also this is an interest FREE loan !!!! no interest on the deferred millions. The Dodgers sold for $2B in 2021 and are the most valuable sports franchise currently worth $5B today. They could pay Ohtani in full and still build a championship around him For reference: LeBaron got $80M in endorsements and STILL makes the Lakers pay him $50M in salary!!!! Thats why Lebron is a billionaire mogul
Right on! Tom about everything you said! He doesn't care about money. He just wants to play baseball and become the best player in the world. I think 2M per year is a bit too low... but he normally spends only 1K a month and gets money from sponsors too, so he must be thinking it is just great. What a guy.....
Are you serious "he doesn't care about money"? Lol. Then why defer anything and just be paid twenty million over ten years, end of story. Why have his agency leak fake stories about the Jays to scare LA into driving the price up? Read between the lines and stop believing the BS you're being fed here.
If someone who understands money could clarify it please. So by deferring a bunch of money now, it's good for the Dodgers because they don't have to pay him a bunch of money right now. i guess It's also good in the long term because the value of his contract will go down because of inflation. However, I assume the deal will get bad once they actually pay him in 2034 because not only they will have to pay him 68 Mil a year, but they will have to pay a bunch of money to the other current players. I assume the Dodgers are going to get to a point where there is simply too much money that has to be paid to the players and hit a big wall no?
After plaing in angels ohtani just deciding to take it extreme he doesn't want to feel it anymore after winning wbc he just want to win every year not sit in house in October
Because he loves the team! He tried to do everything for the Angels, and at that moment Angels seemed like still have a chance. If you are the owner, I bet you don’t want to be the one whose only be remembered for trading the best players in this generation.
@@user-lx8fu7uk7x Verducci is a "lover of the Angeles"? Oh, you're making a reference to Artie Moreno. Well then, ,Moreno's motivations aside, it was a mistake not to trade Ohtani and now the Angels have nothing to show for it. Tenth straight year without a playoff appearance coming up. Poor Mike Trout.
That’s why Ohtani became my favorite Dodger. “Pay me later ,let’s use that $ to surround each other with talented players.” Touchdown Tommy Winner Thinking
I don't get why any team would take a chance of being great for 10 years, in exchange for being guaranteed to suck for 10 years after. They are basically praying things change in 10 years and they won't be saddled with $68 million a year cap burden. I guess it's better since there is no hard salary cap, but it still means Dodgers will have to pay huge cap taxes for a middling talented team.
The fact that MLB allows contracts like this to get around the luxury tax shows how clueless they are. Try this in the NBA, NFL or NHL and they say 'Sure, player...go right ahead to take more of your money later when it would be worth as much...the cap hit will still be your average salary per year." As it should be. Teams are allow SLIGHTLY back loaded contracts, but nothing like this. Funny how they were SO quick to "stop Steve Cohen from ruining the game" but they love this.
That's literally what's happening here. Ohtani's contract will count as 48 million per year for the purposes of the luxury tax. The reason it's lower than the 70 in his contract is because the money will be placed in escrow and paid out later when it's accrued interest. He's essentially being paid in 2034 dollars.
@@ふぇい-e1o Yeah..and this wouldn't fly in the other sports. Players and teams can do this to save the team some real world money if they want, but NOT to get around the cap, or in this case, the tax. Teams CAN have a slight gradient in the contract. Like maybe 60 million in year one, going up by $2 million a year until it is 80 million in the last year. But they cannot get around the cap in such obvious fashion like this. Any attempts to do so would mean they will just take the total salary and divide it by the number of years. In this case, the full $70 million would go against the cap. Something tells me that if Steve Cohen tries this same technique next year, he won't be allowed.
Many NFL players, especially QBs leapfrogging each other in salary, breaking their team's banks need to learn from Ohtani that grabbing all the money for yourself lessens the possibility that your team can retain other great players who want to stay and get paid!!!! These are *TEAM* sports that require a forward-looking team-based vision of salaries if you want to win championships. Ohtani fully understands this, while the vast majority of pro athletes playing in team sports do not! For example, Kansas City Chiefs would be soooo much better right now if they had simply agreed to pay the extra money that Tyreek Hill had asked for, instead of putting a huge chunk of their money into pouting Mahome's wallet and now the Chiefs are having to deal with their underperforming wide receivers who have dropped 33 passes. I always suspected that Ohtani would go to the Dodgers. Beyond good weather in the SoCal area, Ohtani has said in many Japanese interviews during the past 3 years that getting married and starting a family is very high on his list of priorities, as high in priority as winning the World Series. And California, as a whole, is the most Asian-friendly and Japanese-friendly state in the country. All of the highly-publicized Asian hate crimes in the New York City area during 2020 and 2021 most likely added a huge stain to Ohtani's view of raising a family in New York.
The NFL has a salary cap, you can't do these deals in a salary cap league as it is seen clearly as circumvention. But I agree NFL contracts are whack especially with rarely guaranteed salaries.
@@Brett733 Yes I know about salary caps. But one of my main points is that NFL QBs need to learn from Ohtani that these star QBs need to share the salary cap wealth with other star players on their teams instead of just thinking, "QB in Team 1 earns $48-million per year, QB in Team 2 earns $50-mill per year, QB in Team 3 earns $53-mill per year, I am better than those three QBs, so I should get earn more than $53-million per year." They need to step back and look at the total *TEAM*-based picture - what other star players are about to become free agents during the next few years and how many star players need to be paid and retained if you want to reach the Super Bowl, along with leaving enough spare money to attract star free agents. The Dodgers now have *MASSIVE* amounts of flexibility in attracting and paying other players due to Ohtani's amazing foresight and lack of ego.
@@steviejohnson378 Ohtani currently makes almost $50-million USD from endorsements. Now that he is with the Dodgers instead of the Angels, I would not be surprised if Ohtani's endorsement earnings hit $60-million in 2024. He already has global endorsements in the U.S., Europe, Japan, and all across Asia spanning everything from clothing to food to electronics, cars, etc, etc. The high-profile Dodgers being contenders every year will very likely add another $10-million in endorsements easily.
So he wants to "compete" and stay for years to come so he goes to the Dodgers who have all of those MVPs and a bounce out NLDS 2 years in a row. Ohtani wont fix that with an aging Kershaw.
They are going to change this 100% in the next CBA. Otherwise i can see a lot of the big contracts starting to do this with the big names. Ohtani just brings so much $$$ outside just playing so its not going to be a lot that are capable.
I don't think that's the case. Unless they rake in a lot of endorsement money like what Shohei gets a year, I don't think anyone else are gonna do what he decided to do lol. The fact that he's fine with 2 mil living in LA for the next 10 years means he's good with money. Got other sources of income.
You haven't been paying attention. Big contract players have been deferring their pay for many years, just not as big as Ohtani is doing. Are you telling me players are willing to take only 3% of their salary for 10 years? Of course not. If your paycheck is $3,000 per month, would you take only 3% or $90 per month and the rest in 10 years? Who are we kidding? 🤣🤣🤣 The reason Othani agreed is 1.) He wants to help the Dodgers get more players 2.) Money is not the most important thing to him AND he has other ways to make money through endorsements 3.) He really wants be a world champion... not lower taxes or more money in the future as some people have suggested. If Ohtani cares most about money, he should take the full salary now and invest it.
No one would defer 90% of his salary. Would you do that if you are on his shoes. Even lets say you can earn outside baseball inflation still a thing. Ohtani just doesnt give af about money a weird person he is.
What a total BS deal. Why the hell should MLB and other players tolerate this? You could just sign players to $1 billion and say I'm going to defer 95% of that so the AAV will count less.
this is only POSSIBLE because it's ohtani, no other player would defer most of their money because they don't make income outside of baseball... trout's sponsorship is ONLY 5 million. compare that to ohtani who made 40 million in 2023
@@fortress7493 Just this really...I hate the Dodgers but there's nothing wrong here the guy wanted to play for them and can afford to do this. We all just need to suck it up.
@@fortress7493 Yeah it's only possible because of his many endorsement deals. But what's stopping a future superstar from emulating this deal to win more rings?
The Dodgers won 100 games with a duct tape and bailing wire pitching staff. It blew up in their face in the playoffs, but THEY MADE IT TO THE PLAYOFFS. Ohtani wsnts to be part of the pist season. The Dodgers give him that goal.
If Ohtani got away with playing in L.A. for free every other MLB team and their fans would be barking a sh*t storm with jealous rage till the end of time.. Lol.
@@countschad he will have to pay California state tax on money earned in California. That means that the portion of his $2 million annual earnings earned while playing games in California. The deferred amount will be subject to taxes in the state he resides at the time it is received. If he leaves California before receiving the deferred amount, it’s a huge tax break.
I'm mad he didn't take it all. Inflation will eat it. Makes other players look greedy or shortsighted. Colludes with management over a salary tax the players don't want. It's laughable, but with this money he's too sentimental to get his pay day. Or, the tax avoision is too good or it's getting converted to an ownership share. He's not a unicorn, just a special snowflake who thinks he's both the best and smartest guy in the room. To Hell with the Dodgers/Ohtani zaibatsu - lending interest free money to management!
@@exia0616 Ohtani went to the biggest contender in the league and decided that wasn’t good enough, so now he wants to destroy any chance of facing competition and let the large market teams monopolize everything with his deferral. It’s softer than KD, and by far an even easier road than KD had.
The idea that this guy is better than Ruth at this point in his career is silly. Ruth played for 22 years and had a life time batting average of .342 as well as being a great pitcher. He wasn't used as a pitcher with the Yankees because he wasn't needed to do that for them to win. Frankly, Ohtani's pitching is just a sideshow act that keeps getting him hurt and taking him out of the lineup.
The level of players in Ruth's Era Vs. Current players are not even comparable. Ruth was playing against part-time players, such as farmers and carpenters.
Finally at least one other smart baseball fan in the chat! It’s hard for youngsters to grasp that their modern players aren’t all goats! Ohtani can’t even carry Ruth’s jock strap Ruth won World Series as a pitcher and as a hitter, the Ruth disrespect is crazy!!
Shohei saw first hand how Trouts and Rendons contracts made it difficult for the Angels to compete.
That's just not right lol. They looked fine until they both started slumping hard, Rendon went on IR, and it followed with Shohei and Taylor Wards injuries. The team actually looked alright til all that happened.
@@MiniatureMorpheus wrong. rendon played what.. 40 games? taylor got hit in the face with a baseball and went out , ohoppe got on the IR, neto went out too.. and THEN Trout got injured when they were still chasing a playoff spot. they didn't 'look fine". had no pitching and had no bull pen and now they had no hitters.
but still shohie wanted to carry the team to the playoffs - except now w/o trout and majority of the "team", what lil protection he had was completely gone. THEN.. he injured his elbow and his season was over .. with a month to go in the reg season..
no. the angels didn't "look fine" all season - maybe except the first 2 months and i suspect u tuned out after
@@lahellight4337 At one point we were in hands reach of a wildcard, I'll take the positive where I can get it. Neto and Schanuel playing well and Moose adding a nice bump but Rendon was a bad idea from the jump and Ward was the last straw. Ill take the bit of hope we had we all knew what it was. Can't cry over spilt Japanese milk now and I choose to simply focus on the Ducks at this point.
Not having a season above .500 and not making the playoffs in 6 seasons with 2 of the best players in baseball is unacceptable.
That GM failed miserably, the team was never good.
Good thinking
The More I hear about this Dude the More I love him We are so lucky we gonna have him for the next 10 years
Humble
Bro I'm so thankful
Shohei loves the game of baseball and now everyone knows that he loves it more than we thought he did.
Ohtani only wants to achieve greatness and doesn't care about money or women, but what he's doing is creating this compounding interest effect, the less he care about money, the more will come to him, he's thinking for the long term
Next, we are going to hear that Shohei was going to pay the Dodgers to play for them, lol.
LOL
Don`t give him that idea. lol
Tom Verducci made a very interesting point in that if Ohtani was going for the cash, he would've invited teams like the Yankees, Red Sox and the Mets to the table only to up the ante. On the other hand most everyone fails to mention that the loyalty or dedication and faith the Dodgers had shown to Shohei for over a decade really payed off this time. The Dodgers were scouting him in high school even before he became famous in Japan. Think how that must've felt for a boy growing up in the rural recluse of Japan. The Dodgers didn't give up even after Ohtani joined the Angels. Ohtani just responded with honor.
Honor plus $700m, but yes
To say he didn't go for the money is silly. He's going to get 700 million. He's deferred it and will still get paid while the team gets a 68 million a year liability to hamstring them for 10 years in the 2030's.
He got 700 million. He definitely upped the ante.
I love this story so much.
@@studiodsr The honor was the deferred $680M part, on his cost of $240M.
The Dodgers offered $70M per year and Ohtani counter offered with 0$ per yr. They settled on $2M per yr. 🤣😂🤣
What are you 10 years old ?
@jaimep3432 don't you have some clouds to yell at.
@@jaimep3432 Bro to be fair homeboys comment is goated.
Stop😂 too funny
I was told there would be no math
When Otani retires, I think he will establish baseball academies around the world and do missionary work to the children who will lead the next generation. Ohtani must be thinking about the future of baseball. I think it would be great if that happened.
💯
"Well you can't play for free." Ohtani has next level humility and I love it. Honestly could be breaking a barrier for how future athlete's deals are done. Well done!👏🏽
Yeah I'm sure every athlete wants to wait a decade to get paid first. Ohtani is only able to do this because he makes a bajillion dollars a year in sponsorships
He still signed 700 million deal, greed
You don't even know what you're talking about. Bobby Bonilla has been deferring money for 25 years. This isn't new. Mookie Betts is on the Dodgers already deferring money.
@@mu6qyyes, and inflation is not so important, right ? 😂
Every MLB team and their fans would have raging jealousy till the end of time if Ohtani got away with playing in L.A. for literally free. 😅
Man this guy really has only one thing in his mind: winning
Well, that and money lol. Dude is already worth a ton, is getting 50mil per year in advertising, and now will get nearly 70mil per year 1 decade from now for a decade. If all he wanted to do was win, he could have stayed in Japan and wiped the floor with everyone there while making less money and playing in front of his home country.
@@173jaSon371😂😂😂 you Americans only think about greed
If he was greedy he would have waited an extra 2yrs to come to US
Would have made an extra $200m
😂😂😂😂
He essentially signed a $460M contract for 10yrs due to inflation adjustments.
He’s taking a LOST in deferring little bruh
Lol no. he has money on his mind while trying to get rings the easiest way possible.
SHOWS HIS TRUE CHARACTER AND DESIRE TO WIN! TAKING LESS NOW IN MY PRIME TO SAVE AND GET KEYS PLAYERS TO INCREASE WINNING CHANCES. EITHER WAY THE MONEY GON HIT THE BANK. SMART!!!
I freaking love Ohtani
I Freaking love him too
From what I understand, the remaining 68 mill each year goes into an escrow, to which it will accrue interest. So not only will the Dodgers profit from his jersey sales and increased ticket prices, they'll profit from his actual contract structure
Nobody has ever said that Arte Moreno runs the Angels “smartly” lol. The man only spends on star players and cuts back in literally every other department. Coaching, minors, nutrition, conditioning, etc all barely funded leading to a shitshow of a team
😂😂😂😂😂😂😂
Dodgers now have the equivalent of the Mets' "Happy Bobby Bonilla Day" in the future
One of the reasons why Ohtani chose the Dodgers over the Blue Jays is because of the broadcast time slot from Japan. The Dodgers on the West Coast will be broadcasting around 10 a.m., while the East Coast Blue Jays will be broadcast around 2 a.m. Japan time. In other words, Japanese people will not be able to watch live broadcasts of East Coast teams for the next 10 years. Otani wants Japanese people, especially children, to watch him play baseball live. That's why I first decided on the West Coast Angels.
He can 100% live off just sponsors.
He's gonna be royalty in Japan after all this
Thankfully 2 million he will be just fine. More than enough to be comfortable in LA at least. Seems like he isn’t living large
@@F.r.e.a.k.e.n.s.t.e.i.n His sponsors will give him EVERYTHING, except his wife.
100%自信を持って言うけど、スポンサーのお金がなくても大谷は200万ドルでサインしたよ。エンゼルスへ来たときの金額がいくらだったか覚えてる？
@@ukle3eee nothing is 100 percent, and that is why you are not trustworthy lol
Ohtani is not only the most talented player most of us have ever seen in our lives, he’s also the best General Manager.
This is like when Call of Duty has those bundles for $20, but give you the 2400 CP with them to get another bundle with.
Ohtani basically just DLC’d MLB.
But bad business man, he will lose 6% a year on his contract because of inflation.
@@MysTicBiGzChill 68 milly a year he'll be fine. Endorsement money is high and only going higher
@@MysTicBiGz part of the deal. if he got interest, the contract would have been much less than 700
@@MysTicBiGz I don’t think he honestly really cares about the money.
He wants those rings.
He will more than make up for it with his deals off the field.
@@wilburwood8261he wants to win. He’s gonna be a billionaire regardless
Only Americans think about hoarding more money for th sake of money 😂😂😂
🎉The unicorn 🦄 love it 🤩😍
It's very clear Shohei isn't about the money. He wants to be with a good team with good players. He wants to win!!. The Angeles are the real losers.
I hope the deferred amount scales with the rate of inflation.
Ohtani grew up in the snowy town, and got enough of snow⛄️❄️
The playoff is the great equalizer...how well the Braves of the 90s and the Dodgers the past 11 seasons know that!
Does anyone know if his agent fee is also deferred?
Ohtani makes over 50mil from endorsements alone. He'll be just fine.
Everyone knows 😅
@@yanchand3603 Unfortunately not everyone knows it.
He's taken Tom Brady's approach to contracts to a new level. Besides helping his team, he has a shot at saving nearly $100 million is California state income tax. He'll be living in Japan when he gets paid, and the California government bloodsuckers will be forced to come up with a plan to get his money even though he's a non-resident.
Yet his team leaked out going to Toronto to increase the offer?
Yeah baby!! Let's go Dodgers!!!
Definitely interesting... he frees up payroll for the team while having plenty of money for when he's done with baseball for 50 years. Kind of odd to call it selfless when the guy is going to get an OBSCENE amount of money eventually, BUT is is a unique contract. I wish the Yankees could do this with Judge or the Stanton contract.
This shouldn't've be allowed by MLB.
So the Dodgers are saying to hell with 2034 onwards. Admirable
Japanese love LA!! Duh…
Because there is not a Hawaii team
Right.
Ohtani is the key to the Dodgers winning in the playoffs.
SURE HE IS.
Oh wow deffering all salary is crazy
The angels not trading ohtani or trout is the biggest fumble of all time. They’re never gonna contend
Shohei chose LA because Ippei, his interpreter has family in LA. Shohei doesn't mind weather, but Ippei minds😅.
How thoughtful of Shohei. I didn't know that. 😊
Wow! This is like the Canada lottery! Jackpot of 700m or the guaranteed 2m😂
This is 100% the most team friendliest contract in the history of all sports.
This is utter stupidity and a horrible financial move by Ohtani. It seems someone does not understand the basic concepts of finance or the TVPVFV of money...in layman's terms, $68M buys a lot more today than it will be in 20 years.
Ohtani would be better off taking all of his annual salary up front and putting it in low return investment accounts. For example, park the money in luxury real estate by buying 10 houses for $7M each or just put it in a real estate ETF. JP Morgan Chase's Real Estate ETF is averaging 4% in annual returns on investment or $2,800,000 per year for Ohtani
In a vacuum and in theory and not taking into account real world implications,
$70M in an investment account at a LOW annual return rate of 2% would give
Ohtani $1,400,000 per year!!!!!
what if something happens to the dodgers or their owners in the 20 years ? What if there is a Madoff scam like the Mets, a nasty divorce, a death and estate battle, or bankruptcy ? Also this is an interest FREE loan !!!! no interest on the deferred millions.
The Dodgers sold for $2B in 2021 and are the most valuable sports franchise currently worth $5B today. They could pay Ohtani in full and still build a championship around him
For reference: LeBaron got $80M in endorsements and STILL makes the Lakers pay him $50M in salary!!!! Thats why Lebron is a billionaire mogul
I wonder what the tax implications are for deferring that much money?
Austin Barnes * 🤨
Right on! Tom about everything you said!
He doesn't care about money. He just wants to play baseball and become the best player in the world. I think 2M per year is a bit too low... but he normally spends only 1K a month and gets money from sponsors too, so he must be thinking it is just great. What a guy.....
Are you serious "he doesn't care about money"? Lol. Then why defer anything and just be paid twenty million over ten years, end of story. Why have his agency leak fake stories about the Jays to scare LA into driving the price up? Read between the lines and stop believing the BS you're being fed here.
If someone who understands money could clarify it please. So by deferring a bunch of money now, it's good for the Dodgers because they don't have to pay him a bunch of money right now. i guess It's also good in the long term because the value of his contract will go down because of inflation. However, I assume the deal will get bad once they actually pay him in 2034 because not only they will have to pay him 68 Mil a year, but they will have to pay a bunch of money to the other current players. I assume the Dodgers are going to get to a point where there is simply too much money that has to be paid to the players and hit a big wall no?
So basically he will become an owner when the differed money kicks in
Ohtani is playing for clout, now. Money is no object.
After plaing in angels ohtani just deciding to take it extreme he doesn't want to feel it anymore after winning wbc he just want to win every year not sit in house in October
Yes!!! You understand Ohtani, don't you!!!
clout? more like winning, he had to suffer 6 years in that loser org
Dude is seriously saying Moreno shouldn't have traded Shohai last year much less the 2023 season? Reminder to self, don't take Tom Verducci seriously.
Because he loves the team! He tried to do everything for the Angels, and at that moment Angels seemed like still have a chance. If you are the owner, I bet you don’t want to be the one whose only be remembered for trading the best players in this generation.
@@user-lx8fu7uk7x Verducci is a "lover of the Angeles"? Oh, you're making a reference to Artie Moreno. Well then, ,Moreno's motivations aside, it was a mistake not to trade Ohtani and now the Angels have nothing to show for it. Tenth straight year without a playoff appearance coming up. Poor Mike Trout.
No Verducci was just looking it at Morenos point of view as a guy who likes his shiny things until he does not have them anymore
I bet Ohtani doesn’t get paid at the end of this. Megatron of the MLB.
san diego, anaheim, LA are so much better for playing every day ..... better than Atlanta for Freddie F
That’s why Ohtani became my favorite Dodger. “Pay me later ,let’s use that $ to surround each other with talented players.”
Touchdown Tommy Winner Thinking
It’s not a savings if they have to pay it - they simply borrowed money from the player
I don't get why any team would take a chance of being great for 10 years, in exchange for being guaranteed to suck for 10 years after. They are basically praying things change in 10 years and they won't be saddled with $68 million a year cap burden. I guess it's better since there is no hard salary cap, but it still means Dodgers will have to pay huge cap taxes for a middling talented team.
Defer is not playing for free, they will need to pay 700MM in 10 years
And the Dodgers will make that money in 2 years or less
What about inflation? Ohtani just wanted to win I think.
It's easy to defer salary when you're pulling over $50M a year in endorsements. Austin Barnes might bave a $200K shoe contract. LOL
Should have came to Texas
The fact that MLB allows contracts like this to get around the luxury tax shows how clueless they are. Try this in the NBA, NFL or NHL and they say 'Sure, player...go right ahead to take more of your money later when it would be worth as much...the cap hit will still be your average salary per year." As it should be. Teams are allow SLIGHTLY back loaded contracts, but nothing like this.
Funny how they were SO quick to "stop Steve Cohen from ruining the game" but they love this.
That's literally what's happening here. Ohtani's contract will count as 48 million per year for the purposes of the luxury tax. The reason it's lower than the 70 in his contract is because the money will be placed in escrow and paid out later when it's accrued interest. He's essentially being paid in 2034 dollars.
@@ふぇい-e1o Yeah..and this wouldn't fly in the other sports. Players and teams can do this to save the team some real world money if they want, but NOT to get around the cap, or in this case, the tax. Teams CAN have a slight gradient in the contract. Like maybe 60 million in year one, going up by $2 million a year until it is 80 million in the last year. But they cannot get around the cap in such obvious fashion like this. Any attempts to do so would mean they will just take the total salary and divide it by the number of years. In this case, the full $70 million would go against the cap.
Something tells me that if Steve Cohen tries this same technique next year, he won't be allowed.
Many NFL players, especially QBs leapfrogging each other in salary, breaking their team's banks need to learn from Ohtani that grabbing all the money for yourself lessens the possibility that your team can retain other great players who want to stay and get paid!!!! These are *TEAM* sports that require a forward-looking team-based vision of salaries if you want to win championships. Ohtani fully understands this, while the vast majority of pro athletes playing in team sports do not! For example, Kansas City Chiefs would be soooo much better right now if they had simply agreed to pay the extra money that Tyreek Hill had asked for, instead of putting a huge chunk of their money into pouting Mahome's wallet and now the Chiefs are having to deal with their underperforming wide receivers who have dropped 33 passes.
I always suspected that Ohtani would go to the Dodgers. Beyond good weather in the SoCal area, Ohtani has said in many Japanese interviews during the past 3 years that getting married and starting a family is very high on his list of priorities, as high in priority as winning the World Series. And California, as a whole, is the most Asian-friendly and Japanese-friendly state in the country. All of the highly-publicized Asian hate crimes in the New York City area during 2020 and 2021 most likely added a huge stain to Ohtani's view of raising a family in New York.
The NFL has a salary cap, you can't do these deals in a salary cap league as it is seen clearly as circumvention. But I agree NFL contracts are whack especially with rarely guaranteed salaries.
@@Brett733 Yes I know about salary caps. But one of my main points is that NFL QBs need to learn from Ohtani that these star QBs need to share the salary cap wealth with other star players on their teams instead of just thinking, "QB in Team 1 earns $48-million per year, QB in Team 2 earns $50-mill per year, QB in Team 3 earns $53-mill per year, I am better than those three QBs, so I should get earn more than $53-million per year." They need to step back and look at the total *TEAM*-based picture - what other star players are about to become free agents during the next few years and how many star players need to be paid and retained if you want to reach the Super Bowl, along with leaving enough spare money to attract star free agents. The Dodgers now have *MASSIVE* amounts of flexibility in attracting and paying other players due to Ohtani's amazing foresight and lack of ego.
Do you have idea how much Ohtani makes from endorsement deals?
@@steviejohnson378 Ohtani currently makes almost $50-million USD from endorsements. Now that he is with the Dodgers instead of the Angels, I would not be surprised if Ohtani's endorsement earnings hit $60-million in 2024. He already has global endorsements in the U.S., Europe, Japan, and all across Asia spanning everything from clothing to food to electronics, cars, etc, etc. The high-profile Dodgers being contenders every year will very likely add another $10-million in endorsements easily.
Anyone with a brain knew it would be the dodgers. Closet to Japan and most competitive team in mlb
Seattle is 1 hour less flight time to Japan.
@@Nightwing184yeah he was gonna leave a team who didn’t make the playoffs for a team who didn’t make the playoffs lol, keywords are competitive & team
@@Nightwing184 yea is Seattle competitive
'Most competitive' lol. Going to lose in NLDS again.
@@steviejohnson378 what’s the closets most competitive team to Japan?? Dude that was my point. Smh lol
It still remains to be seen if he can stay healthy as a two way.
If I am an Angels fan, I would demand that Moreno sell the team. The Angels are worst that the Oakland As
It wouldn’t surprise me that by the end of his contract or playing days as a Dodgers, he will be part owner.
I'm sorry if the dodgers get Yamamoto and Hader the baseball gods wont let them win a championship in year one.
I will tell you this, Ohtani is a baseball geek.
So he wants to "compete" and stay for years to come so he goes to the Dodgers who have all of those MVPs and a bounce out NLDS 2 years in a row. Ohtani wont fix that with an aging Kershaw.
Deferrals are new?! ROFLMAO, Mets fans and Bobby Bonilla are laughing their @$$e$ off
So does that mean The Dodgers will have a balloon in 10 years and have to sell everything?
They should have traded him, 100%.
All the Dodgers have to do now to win a World Series is get rid of Dave Roberts.
people were like 600m 12 years lol
They are going to change this 100% in the next CBA. Otherwise i can see a lot of the big contracts starting to do this with the big names. Ohtani just brings so much $$$ outside just playing so its not going to be a lot that are capable.
I don't think that's the case. Unless they rake in a lot of endorsement money like what Shohei gets a year, I don't think anyone else are gonna do what he decided to do lol. The fact that he's fine with 2 mil living in LA for the next 10 years means he's good with money. Got other sources of income.
You haven't been paying attention. Big contract players have been deferring their pay for many years, just not as big as Ohtani is doing. Are you telling me players are willing to take only 3% of their salary for 10 years? Of course not. If your paycheck is $3,000 per month, would you take only 3% or $90 per month and the rest in 10 years? Who are we kidding? 🤣🤣🤣 The reason Othani agreed is 1.) He wants to help the Dodgers get more players 2.) Money is not the most important thing to him AND he has other ways to make money through endorsements 3.) He really wants be a world champion... not lower taxes or more money in the future as some people have suggested. If Ohtani cares most about money, he should take the full salary now and invest it.
No one would defer 90% of his salary. Would you do that if you are on his shoes. Even lets say you can earn outside baseball inflation still a thing. Ohtani just doesnt give af about money a weird person he is.
Yup. They will limit the deferred amount possible, definitely. Also it will hit against the cap after the contract is up after this is changed.
They’ve been doing this for a long time. Players want it. Owners want it. So neither party would change it
Rich sounds angry for some reason.
What a total BS deal. Why the hell should MLB and other players tolerate this? You could just sign players to $1 billion and say I'm going to defer 95% of that so the AAV will count less.
still counts 46mill against cbt...and there are other contracts done up this way, just not this much...
@@rightersbloc Yes you're right there are other contracts similar to this but definitely not on this scale
this is only POSSIBLE because it's ohtani, no other player would defer most of their money because they don't make income outside of baseball...
trout's sponsorship is ONLY 5 million. compare that to ohtani who made 40 million in 2023
@@fortress7493 Just this really...I hate the Dodgers but there's nothing wrong here the guy wanted to play for them and can afford to do this. We all just need to suck it up.
@@fortress7493 Yeah it's only possible because of his many endorsement deals. But what's stopping a future superstar from emulating this deal to win more rings?
Doesn’t want the big city…goes to LA 😂
The angels poverty franchise really broke him. He was about to cry after the trade deadline because they weren't making the playoffs again. 😅😅
The Dodgers won 100 games with a duct tape and bailing wire pitching staff. It blew up in their face in the playoffs, but THEY MADE IT TO THE PLAYOFFS. Ohtani wsnts to be part of the pist season. The Dodgers give him that goal.
😂😂 If Ohtani ended up in Toronto I’m sure they would’ve consulted him on whether to close the dome or not 😂😂
Typical. Shows these guys never need the money. Just a pissing contest between millionaires
Shenanigans
If it was Floyd Mayweather he would have wanted in a lump sum haha.
Dude should have to pay tax in California on 100% of this income - he earned all of it in California - giant tax scam !
If Ohtani got away with playing in L.A. for free every other MLB team and their fans would be barking a sh*t storm with jealous rage till the end of time.. Lol.
California will tax the hell out of him...
They’ll get the tax on the portion of his $ 2million they’re entitled to.
@@mph7282 Is that a tax break? Not sure what you mean.
@@countschad he will have to pay California state tax on money earned in California. That means that the portion of his $2 million annual earnings earned while playing games in California. The deferred amount will be subject to taxes in the state he resides at the time it is received. If he leaves California before receiving the deferred amount, it’s a huge tax break.
Taxes in Japan are higher than in California
Ohtani didn’t want to pay that cali tax😂
That's now how it works.
He's getting paid by an organization in California, so he'll pay the California tax.
@@TheYabbayoo it depends on where he lives when he receives the deferred payment.
California will get half of his money in taxes doesn't matter if he deferred or not😂😂
Baseball is such a joke lol
screw the BBWAA for what? miss information/fake news, reporters with no journalistic integrity. if Yamamoto sign with the Dodgers I will quit the MLB.
Can we stop acting like ohtani is a saint for "only" taking 2 million a year?
Hes still getting his ridiculous money long down the road
I'm mad he didn't take it all. Inflation will eat it. Makes other players look greedy or shortsighted. Colludes with management over a salary tax the players don't want. It's laughable, but with this money he's too sentimental to get his pay day. Or, the tax avoision is too good or it's getting converted to an ownership share. He's not a unicorn, just a special snowflake who thinks he's both the best and smartest guy in the room. To Hell with the Dodgers/Ohtani zaibatsu - lending interest free money to management!
He just wants to win
Ohtani has topped Kevin Durant as the biggest snake.
Next season is his “hardest road” lol
Durant went from a playoff team to the defending champions who booted them
@@exia0616 Ohtani went to the biggest contender in the league and decided that wasn’t good enough, so now he wants to destroy any chance of facing competition and let the large market teams monopolize everything with his deferral. It’s softer than KD, and by far an even easier road than KD had.
The idea that this guy is better than Ruth at this point in his career is silly. Ruth played for 22 years and had a life time batting average of .342 as well as being a great pitcher. He wasn't used as a pitcher with the Yankees because he wasn't needed to do that for them to win. Frankly, Ohtani's pitching is just a sideshow act that keeps getting him hurt and taking him out of the lineup.
The level of players in Ruth's Era Vs. Current players are not even comparable. Ruth was playing against part-time players, such as farmers and carpenters.
Finally at least one other smart baseball fan in the chat! It’s hard for youngsters to grasp that their modern players aren’t all goats! Ohtani can’t even carry Ruth’s jock strap Ruth won World Series as a pitcher and as a hitter, the Ruth disrespect is crazy!!
@@g311musicbro Ruth played against people who had other full time jobs.
@F1derful. if your point was valid, everyone should have hit better than .340 and 714 homeruns, "bro"
overpaid
You dont know about the money he can bring to
@@maryadi1894 I know about how much they'll charge for a ticket or a hot dog or just to watch it on tv. $700 million? Overpaid!
strikes out too much
You don’t think he drove up the bidding? Come on