Shohei Ohtani's Groundbreaking Contract Deferral: A Game-Changer in MLB
TL;DR
MLB superstar Shohei Ohtani has signed a record-setting $700 million contract with the Los Angeles Dodgers, deferring over 97% of the amount until after the 10-year term. Ohtani will defer $68 million of his $70 million annual salary, with the remaining $680 million to be paid starting in 2033. The decision to defer most of his salary came from Ohtani himself, who wanted to prioritize winning and being a team player. The Dodgers will benefit from having more money available to surround Ohtani with top players and avoiding his full salary contributing to MLB's luxury tax threshold.
- MLB superstar Shohei Ohtani to defer $680 million of his contract for 10 years, source says CNN
- 🚨 'FLABBERGASTING': Shohei Ohtani defers $700M contract to $2M/year | SportsCenter ESPN
- Exclusive: How Shohei Ohtani's One-of-a-Kind Contract Came Together Sports Illustrated
- Shohei Ohtani's Contract Should Become a Case Study for MBAs Bloomberg
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