Shohei Ohtani will defer $68 million per year of $70 million annual salary
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- čas přidán 9. 07. 2024
- Shohei Ohtani will receive $2 million per year for the next 10 years. $68 million per year between 2034-2043. Jack Curry, John Flaherty and Bob Lorenz discuss what this deal means for the Dodgers and baseball. Subscribe for daily sports videos!
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Finally there is a professional player who truly wants to win and money is not everything!
700 million dollars lol
If money isn’t everything, why not take 200M for 10 years? lol
If the deferment was Shohei’s idea, then he was totally complicit in using the jays to force the dodgers to go to 700 mil. He wants to win which is why he chose them. But was willing to manipulate everyone to maximize the contract. Not sure I would put that in the honourable category
Brady ?
Nothing having 680 million dollars for the next 10 years is a huge financial hit. Imagine investing with all that money. He sacrificed a lot of money for winning@@b.o.4469
I'm not a baseball fan but can't stop watching this legend..
Oh gawd 🤣
You know how many player will even agree to this deal let alone it was Ohtan's idea? Most players will never agree to this deal, Ohtani is truly a unicorn
I read he'll be getting paid until he around 70 years old. He never once played for money, but he probably thinks of it as a pension.
True
オータン！
That’s True!
You are dead wrong. Judge took $50m less to stay with NYY. Tony Gwynn never once was paid his worth because he wanted to stay a Padre. There are 3-5 guys on every team who would restructure contracts to A) get more $ in long run, and B) make their teams more competitive.
Period. It’s perfectly legal says Jeff Passan. Be SMARTER. Don’t hate Ohtani and his team. Ohtani is the only one taking the risk and not earning any interest % on $68M. He don’t care about money. It’s about winning. Now y’all going to hate a guy for putting money where his mouth is. Period. Stop hating
What a jabroni thing to say. Of COURSE, he cares about money 💰 you goof
No ones hag ohtani, everyone hates the dodgers for trying to buy a chip every year, but this deal is one of the best deals of all time in proffesional sports
Buy a championship really??? If it was that easy to do.. just spend money and you're guaranteed a ring.if that was case like you say dodgers would have 10 championship in a row but doesn't work that way buddy...look at the Mets last year see how that went..
Thats y I said TRY buddy
This shits on the idea of “competitive balance” the league always talks about more than anything Steve cohen or the Yankees have ever done. It’s bullshit
Good for Shohei, and he needs to be on a winning team, anyway. And I think the Dodgers are the right choice for him. Because the Dodgers have been in multiple Postseasons, and Shohei wants to be a part of that. Because the Angels had never been in the Postseason since 2014. And no matter how good Ohtani has been for the Angels, the Angels had never clinched. I think Shohei is gonna do awesome for the Dodgers.
It’s brilliant by Ohtani… helps the Dodgers to continue to put pieces together… while he lives off of his advertisement money… And then he gets his deferred salary, when he no longer makes advertisements… He is setting himself and the team up very well.
Companies in Japan will absolutely still use him in ads past his playing career. He’s gonna be rolling in money
He’s gonna make money well after he’s done playing
Live off his advert $? Hes living off the interest of the $ hes already made with the angels😂😂😂😂
very true @@igotagoodfeeling
for sure...didn't think about that... he's royalty now haha@white_sammy4686
When you got Yankee commentators on tv saying it doesn’t seem very fair that the dodgers can get Yoshinobu and Otani, you know this deal is bonkers.
Crazy times we live in who would have thought. Everybody forgot about the jays lmao 😂
OK, for the Yankees to get Yamamoto ? F### the East Coast😅
Haha I was thinking the same thing
Yamamoto to the Mets
Dodgers have been the evil empire for a while now, this only solidifies it. If I were a Yankee fan I would be jealous of how the Dodgers are ran, farm system, front office, culture, etc.
You’re Not Mad that Ohtani & The Dodgers are getting Away with Defered Payment. Your Upset that The Yankee Management Didn’t think of it First 😂
Exactly
First off, good on Sho to realize if he wants to win, you go to a team like the Dodgers, but also that if you differ money, they can go spend what they need to make the team better- newsflash, they're already pretty good and you'll essentially be getting a two for one special. The other thing to is Shohei knows he's gonna make plenty of money from endorsement deals. He's not worried about finances.
Definition of team player. Much respect! GO DODGERS!
Lot of you guys coming out of the woodworks now huh? Even on Yankee channels? Jesus please don’t be like Houston fans and be completely insufferable human beings
Are you insane? This is one of the most despicable moves in the history of baseball. Disgraceful.
@@bjblitz2701 Huh?
@@bjblitz2701great move for me he wants to be on the winning side
@@miguelguerrero323 Yeah, it's definitely a smart move for him if he wants to win at all costs. It's a fantastic and abusive move by the Dodgers as well. Brilliant and despicable. They get to absolutely abuse and manipulate the payroll system in an unprecedented way, hurt the sport, hurt every other team, and get away with it for essentially zero downside. Disgusting.
No one can blame him.He is truly just thinking to win and for baseball .what he has done with this contract would b referred lot in sports news even in many countries and ppl will check him and some ppl will like him and baseball too, he is trying to make baseball great again.
He simply loves baseball more than the others, that’s why he did that this time.
that's right. Baseball fans should praise this, not criticize it. He goes to the Dodgers not for the money, but for the wins and the baseball world. He is trying to become the savior who will elevate baseball's status.
still a record deal... 2M/yr for 10 yrs, with a payout of 680M in yr 11, at a discount rate of 3%, is equivalent to an annuity of more than $60M/year... still the largest in MLB history.
If the Dodgers win a few series, they make that money back quickly. Shohei playing in the big game is must watch TV for millions of Japanese world wide.
it is must TV regardless of playoffs already here in Japan.
Very smart. He is going to make $80-$100 million a year anyway because of sponsors and branding. He really doesn’t need the money he makes from playing. The guy is a walking bank.
This is actually so smart. Ohtani doesn't need the money since he makes millions outside of Baseball, so he's happy to take less for the better of the team and not limit them. The Dodgers got one hell of a deal here, and Ohtani being one hell of a team player.
A Yankees broadcast team complaining about what’s fair! Lol
Wow! I just read somewhere that somebody was saying why didn't anybody else think of this???
I'm glad he's on my team now!
*Hail King Ohtani*
Go Dodgers!
Its legal, and you know damn well youd want a player like him too
hey kid, time to sleep
Y’all need to stop hating seriously because the Yankees and Mets can literally do the same thing 😂. I promise you it’s like New York media gets mad when things do go their way.
Yankees network talking about “payroll fairness” 😂😂😂
How is it “not fair” that the Dodgers could offer a similar contract to Yamamoto (not that he would ever take it)? The Yankees could literally do the same thing.
Man kudos to him and his agent this guy just sent a message to the rest of the world he wants to win "Now Money" it's not that important to him his lifestyle is probably different than most he still makes very good endorsement money, wow I wonder if this contract is gonna change the game
The only guy in the MLB that put winning over money...kind of....i.e. Tom Brady....and I hate Tom Brady!
Talk about "putting money where your mouth is." Ohtani is the GOAT!
If you're truly a player rep, you should be happy the player is getting paid and is doing it the way he wanted that will help him win.
Holy chit. This tells me that Ohtani is all in to land Yamo and maybe even another free agent pitcher. Jeeeeeeez. I think it' sketchy as hell, but if he's down....he's doing the Dodgers and himself a huge service. This has to make Dodgers fans even more rabid for the guy.
Ohtani different breed...he know baseball is team game!give him STATUE already at Dodgers stadium!!!
Make me like it more about Mr. Shohei Ohtani 🙇🏻♂️
Wishing Stanton would do this tbh
4:42 the audacity of anything Yankees calling other teams the bad guys 😂😂😂
If the New York Yankees had pulled off this deal with $70M, $68M deferred, and a cap hit of only $46M, these YES network hacks would have said the Yankees were Geniuses, the GM was the smartest and outsmarted everyone else, and Fair?, there’s no fair when the Yankees get what they want. Fair is for other teams, we’re talking Yankees here, and if they had done this, greatest signing ever!!
Just jealousy that they and their AL East teams didn’t/couldn’t/wouldn’t pull that kind of trigger. Dodgers did, deal with it.
Nobody had a problem a decade ago when the Yankees and Red Sox were getting all the big free agents and these 3 east coasters seem personally butt hurt😂😂😂😂😂😂😂
At least you got the Covid clown show chip right?
@@maxdubs2241 DAMN STRAIGHT 🏆😂😂😂
@@seanbates282I mean I hate this type of shit in any sport tbh..instead of building your own team and being the best, you join an already established top 3 team for the last 10 years, not sure what happened to players competitiveness but they all want the easy championships now it seems. If I was an Angels fan I would hate his guts (and yes I’m aware that teams ownership/management has been awful)
“Fishy” “Getting away with” come on man you know very well you guys are drooling over that deal! If he was a Yankee with that deal that you call crooked this deal would be beyond legit for you lol
YesNetwork 😩😩😩??? Yamamoto & Sasaki are Dodgers!!!😂😂😂😂
It's totally up to him if the wants to defer his salary. Any other player can do the same
OHTANI. AT THIS POINT IN HIS LIFE.....has more money than countries have......he will make 500 million a year just from endorsements. he is already a billionaire.. money had nothing t do with his signing. it was all about ETERNAL FAME....... HUGE TAX SAVING ALONE MAKE THIS INCREDIBLE. WHAT A SMART MAN........
People forget that an athlete first loved the sport before money.
At first people are crying that it's not fair to other teams that can't afford to pay $700 million.
Now the same crybabies are complaining that the dodgers are paying an unfairly low amount during his playing years.
Give it a rest. He didn't want to play for a second rate team in a third world country. 🤩
agreeeeeee
u could even stretch a little to his time in Angels..
people said, he was underpaid, give him more, than he signed the 700 million, people said he overpaid, then the new details out, people said it's strange
really haters gonna hate 😅😅😂😂
I mean it is a pretty weak move, reminds me of Kevin Durant to the Warriors in 2016
Ohtani is smart ok he deferred this year's salary to help the team out nice.
Read the Sho-Time book by Jeff Fletcher and this will all make sense.
I don't know if this is a smart move or not. As they mention, 68mil now and 10 years later are not the same value. Imagine USD gets completely crushed in coming years in world economy. That trend is coming.
But then Ohtani doesn't play for money, so maybe he won't get to upset about money. He'll have enough to live without any care after retirements anyways.
2017年に彼が最低年俸で契約した事を忘れたのですか？
この契約によってドジャースは、山本由伸と佐々木朗希の最優先候補地となったね。
大谷が自分以上の選手がいると明言してたのは、この二人のことだろうから❤❤❤
His fan base is mostly in Japan. And you’d see his face almost every day. When it came to bluejays vs dodgers, was quite straightforward since it’s easier for people in Japan to watch his games if he played on the west coast vs if he played in the east coast
😅this would not have happened if Ohtani were a black athlete, cuz all them black dudes want their money now to buy yachts, planes, super cars, luxury home, not to mention paying for their entourage. They got no patience to wait 10 years to get their mega money. They want their money now! On the other hand, Shohei will be solely playing baseball, and not go out partying, continuing to be the goat.
Base on inflation, he’s playing for free
you guys hit all the highlights. great broadcast!!!
Ohtani is that dude selflessness
What's "fishy", "doesn't pass the smell test", or "loophole" about this contract? It's in the rule there is no limits. That means any team can use this strategy as long as a player is willing.
"ARTICLE XVI-Deferred Compensation
There shall be no limitations on either the amount of deferred compensation or the percentage of total compensation attributable to deferred compensation for which a Uniform Player’s Contract may provide."
The player who is "really" desperate for a champion than the money !!
Omg the Yankees complaining about Fair what a Joke😂
Shohei was never in for the money and he proved that many times, from his salary in LAA to him donating his money prizes to LAA staff and to his home country. He showed it again with these majority of money deferred. No other athlete would have proposed this idea, he just wants the LAD to create the best winning team.
Doesn’t seem fair yall have Judge,Soto,Stanton,Verdugo 😭
I think Ohtani getting 70 mil a year and defering 97% of it is GREAT for baseball. Baseball is a dying sport and now everyone is talking about Ohtani's contract. The more press you have the more seats you fill and eventually the fanbase will comeback. Narratives are great for any product.
This is terrible for baseball. You are now separating small market and big market teams further apart. You shouldn’t be able to defer more than 10% of your contract. MLB is on a downward trajectory if the commissioner doesn’t step in and have more control on salaries of their players.
Great for baseball? You’re a moron
lol no one id going to pay to see games or watch because of a ludicrous contract, he’s already been in the league for years and ratings continue downward.
Think it’s far-fetched to say that a contract (though it is incredibly newsworthy) is going to entice more people to go and watch baseball games
Heavily disagree with you guys. Only thing that can save baseball is a solid narrative that piques the curiosity of even the most novice of fans. Having the biggest name in baseball sign with one of the biggest markets in the league is the best thing that has happened to the game in a long time.
Shohei has been with a losing organization and has yet to make the post season and that's why nobody is tuning in. Him with a perennial playoff team changes that.
And yes I do agree that this will be bad for small market teams.. but people wil still watch the dodgers and shohei when they pull up in their city.
These analysts are something else. They always say Ohtani couldn’t win w/Trout. But they fail to bring up that Trout was injured most of that time. And same with Rendon (the 3rd highest paid player in MLB). So right there - that’s $70M/yr off the field not helping Ohtani. Ohtani carried that team.
3 words. Taxes taxes taxes. If he went with what was expected $70.5 million gross a year, his taxes in the state of California he will net at 34.8 million a year. Yes I know. So he plays at 2mil plus endorsements then after the term he retires he takes his lumpsum back to Japan or claims residency in Florida where there is no state income taxes. He's rich he's worth a billion and has smart people like myself working for him.
Finally, SOMEONE around here gets it.
What is it like working for him
@Highlandcorp language barrier but at least we both talk money
It’s genius not only for Ohtani but also for the Dodgers. When they start paying him boatloads of money annually a decade from now, the competitive balance tax threshold will have surely only gone up.
Smart move but there is a risk if he dies during the contract the family will get nothing on this deferral
Funny just yesterday how many people crying that Shohei deal is all about money ...
He would have signed with the Dodgers when he first came over if the National League had the dh then.
Fair. Life is not fair.
He has great love for baseball 🎉
The most unselfish superstar ever
Seems it is more likely Yamamoto ends up with the Dodgers sadly! Wow.
Wow, just wow
Yankees commentators complaining about Shohei money or money in general is hilarious. 😂
I'm interested to see what this does to the Dodgers 10 years from now when they have to start actually paying that note... and they no longer have Ohtani. Regardless of whether they win a world series with him or not
My thought exactly
Im guessing they’ll put that 68 million to the side each year after he brings in 100 million a year.
The dodgers aren’t worried about the bill! The revenue they already generated before ohtani is insane. Now with ohtani it will be unbelievable!
If the dodgers wanted to cut ohtani a check right now in full payment they can.. they have the funds..also only reason mlb is allowing them to deferred so much money they must have proof of funds to cover the amount..also not try to sell team in the future with that debt still being owed..
doesn't make a damn difference
Question, I understand the money is deferred but its still counts towards the luxury tax yes?
Fair lol from a Yankee fan.
This is a total Tom Brady move. These guys dont get it! He didnt want Toronto, or YOU! YES, YES, YES, GO DODGERS!
why are people getting upset about the deferrals? if the dodgers are getting charged with $46M AAV per year, doesn't that just mean ohtani is essentially only getting paid $46M per year for 10 years when you account for the time value of money? i.e. ignore the $70M, it's not relevant
I wonder if other potential teams knew Ohtani would defer so much. Seems like way more teams would be interested if they knew.
This is not a secret. All the teams knew about this rule. The rule says there is no limits on ANY amount or percentage. Players with huge contracts have been deferring payments for years. This will not start a trend, because no other player would agree to getting paid only 3% of his salary like Shohei. If your salary is $5,000 per month, and your boss wants to pay you 3% or $150 now and the rest 10 years from now, would you take that deal? No, because you wouldn't be able to survive on that small amount. Shohei, on the other hand, can because he has huge endorsement deals. Still, it was a generous move on his part to help the team win NOW.
No way Yankees commenters are hating lmao. The Yankees for the most part have gotten everything they wanted throughout the history of the sport. They’re the most decorated franchise in baseball history. My Dodgers are coming for Yamamoto and probably Hader #BleedDodgersBlue
Bobby Bonilla style! Lol
He deserves it he playing two men player
STOP USING INFLATION AS THE BENCHMARK. IT'S NOT HOW THINGS ARE EVALUATED.
It's the risk-free rate of return with is typically UST (US treasury bonds).
In 2022 the Dodgers made 581 million in revenue and that number keeps climbing every year so I think they’ll be fine.
What was net profit?
@@Thurmanatr16 Operating Income was 14 million but I’m not sure if that’s the net profit.
Yamamoto is a dodger😂
This is great news for the Yankees and Soto he can expect a more manageable contract
Soto might want "Now Money" like most guys
@@bori1986 right but he can take 40 a year and defer the rest im sure he’ll live
I think the move to defer is brilliant, but I have to wonder, couldn’t he have just signed a lesser deal
Of course Yankees shills don’t like this. But hey, maybe your superstars should take a Page from the superstar, Ohtani, or even Tom Brady. If a player truly wants to win, do whatever he can to surround himself with players that will help him win. Did the Yankees even make the playoffs last year With that Payroll?
The Dynasty has begun
Lol they're scared the dodgers are going to steal Yamamoto from them. 😛
Los Angeles spends now and worries about the bill later, go figure. That deal is an owner who does not give a single F about what happens 10 years from now
Looks like the Dodgers figured out a clever way to circumvent the salary cap/luxury tax.
“The Dodgers are getting away with it”………..everything is according to the CBA so gtfoh
“That doesn’t seem very fair” oh STFU
Does anyone know whether that deferred money counts towards the luxury tax in the year that the Dodgers pay it?
They said 46 million of it counts towards it
It’s being discounted at NPV. Expect many other teams to start doing this with big contracts to circumvent the luxury tax
@@Thurmanatr16 What's NPV?
what happens if something happens and dodgers declare bankruptcy?
If you are Buffett, every four years, one dollar becomes 2 dollars
Let the haters Hate!!!!
GO DODGERS!!!!
If it's legal, I can see Shohei investing the $68 million per year back into the Dodgers for equity in the organization.
I don't understand how the salary cap hit was only cut by 33% of he's deferring nearly everything
That’s the estimated value of what that money will be worth in 2034-2044. It still has to be accounted for the CBA during his contract. In 2034-2044 it will not cost $1 towards the tax threshold.
@@brandoncarter439 i see. then why not say the contract is 700MM over 20 years? that'd be 35/yr, no?
@@juancuelloespinosa the MLB would probably void the contract because of Ohtani’s age at end of it. But more importantly that full $35m each year would count as full $35m every year to the CBA tax. By deferring most of it it lowers it, because it’s adjusted for inflation, so the tax hit is smaller this way. If it was a 20 year contract it would also hurt the salary cap for 20 years instead of just the 10 he will actually be filling a roster spot. So you are not hurting yourself in the future using cap space for someone not even playing.
@brandoncarter439 you're saying mlb is ok with you paying 68mm for someone not to play? They get mad when teams buckle to players for player opt outs.
Ok, but now it's 46, it's more. Fine. once he becomes ineffective, release him, he'll no longer take a roster spot, and he'll still get payed
@@juancuelloespinosa Everyone will make their money on this deal, the goal of this is to reduce the cap space hit now and not jeopardize anything in the future. Ohtani’s deal will pay for itself by investing it and the tax penalty they save. It’s 100% team friendly and Ohtani will be a billionaire in 20 years. The Dodgers will probably be worth more then the Yankees within 5-10 years. It’s insane how smart this deal is.
the only thing i dont like about this is the fact they can defer all this money so in 10 years when the luxery tax will be like 500-600 mil or somthing the extra from 10 years past will be nothing
It's seems like a generous deal (and it is) but let's not ignore how this isn't just a "humble" move or "money isn't everything" or a gift to fans:
Othani will make at least $50 million next year off endorsements alone. Most likely even more.
The Dodgers have a direct line dealing with Japanese sports media, meaning a huge international market is being tapped. He gets some of that advertisement/marketing cut, surely.
And California has absolutely insane taxes. (Cali taxes is so bad, almost half of that $700 million overall would be taken by Uncle Sam. Not even kidding.)
This deferred method probably dodges some of that heavy tax issue, somehow. This move by L.A. and Ohtani most likely has some very smart financial people finding a loophole).
Ohtani is a real dude, but no generational talent forgets about the mad money that's on the table to be taken. (As they shouldn't.)
It's a team-friendly deal, but make no mistake: Like all elite sports talent, Ohtani is still part-businessman. He will probably end up a billionaire someday. He's got people looking out for his max earnings, for sure.
Japan's highest tax bracket is 45%. Globally, these max tax brackets aren't really considered high in developed countries.
So he is basically signing a $550m contract adjusted for 2034 value
$2 million a year wow
Oh the saltiness from that guy sitting in the middle of the desk, I can just taste it from here
Chef's kiss !!
So delicious 😂😂😂😂😂
It's better for baseball overall for their best player (maybe EVER) to be able to showcase his talents in the postseason. The Dodgers will give him that opportunity at least.
He’s not even Bonds level hitting yet so nowhere near closest to best ever.
@@Thurmanatr16 What do you mean "not even Bonds level"? Bonds was the best hitter ever. If he was Bonds level hitting AND the pitcher he is capable of being he'd not even be a human being at that point. But Bonds was not a better overall baseball player than Shohei because Ohtani can pitch and an elite level.
These guys
"We don't get to watch hi in the east coast" oh boohoo
Haters keep hating lol. The Dodgers are just smarter. Game recognizes game. How ironic is it that a Yankees network cries foul when the Yankees have been buying players since the beginning of time. The Dodgers are playing the Yankees playbook better than the Bombers. Be mad at that and do summin other than b*tch!n
People hate this type of shit in basketball so I’m interested to see how fans feel about him making a super team in baseball..seems like a weak move in my opinion but to each their own
If deferred salaries are not regulated, it will be a 1 time transfer from all future generations to this generation, and teams will have their fates / flexibility fixed years in advance. Not great.
Deferring some money is a great idea, but 68 out of 70 mil sounds super sketchy.
If a handful of guys did the same thing they’d be able to field an all star team without paying the taxes
Going full federal government debt with these contracts…
Dodgers' modern version of Murderers Row....
A dollar today maybe worth .81 cents in the future. However, when you are making $37 million more than the next player (Scherzer), that money adds up ($30,000,000 in future earnings).
The reality is the MLB can't let this go on. The Dodgers are flat making a mockery of the pitiful salary structure in the MLB. Every Free Agent could do this and turn the Dodgers into an All World team.
no, not every top player even comes close to making 40 million in endorsements. Trout who has been goated as the best player is the closest one to Ohtani in endorsements and he only makes around 5 million a year which is still nowhere near to what Ohtani makes. so ya I doubt other players would even consider deferring.