Shohei Defers 680 Million Dollars | Foul Territory
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- čas přidán 11. 12. 2023
- The #FTLive crew discuss the shocking news of Shohei Ohtani deferring 68 million a year with the Dodgers and what this means for the league going forward
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Do you think Ohtani really needs the money...? Smart move Ohtani.
It is for the dodgers too. But in the end MLB should close this loop hole. At least push the luxury tax out the 10 years. You shouldn't be able to completely get out of luxury tax by pushing the bill forward.
Ohtani won’t get booed. These ex-players on the show are just jealous. Fans around baseball will appreciate how humble and sincere Ohtani cares.
They just haters y’all. They hatin fr fr no cap
@@johngoldsworthy7135 I don’t think that this is the case. What Ohtani did, made current and past players look greedy and selfish. Ohtani did a selfless act. That sets him apart from the American players. American players fear that the status quo, will be threatened by Ohtani’s act.
He will get boo'ed because he's a Dodger now. The Dodgers fans boo'ed him when he played in LA as an Angel. It's what fans do. Shohei won't care IMO because he understands that's part of the sport.
People are pissed because he wants to win and shows that all the other big contract players are in it for the money. Great move Ohtani, can't say I feel sorry for the Angels.
This AJ guy has always been an Othani hater. Dude, Ohtani is already the face of baseball, he doesn't need to do all the stuff that you want him to do.
Dont know per say if he genuinely dislikes Ohtani but he does represent the views of some baseball fans, and thats relevant in the context of does Ohtani need to be the face of baseball? Globally yes he is but for the US market that person could be Trout/Judge/Betts. An American basically.
When has Shohei ever said he "wants" to be the face of baseball, like AJ puts it? Only thing I've heard from him is he wants to win and thanking the fans/city for support. Wasn't AJ hung up on Shohei not speaking English during press conferences? I wonder if he feels the same way about 600+ Americans who played in Japan who can't speak a lick of Japanese. Should they have learned enough Japanese to converse to reporters? - WW
Yea, typical response by someone who can only speak one language. Ive been living in Japan for a few years and learning a new language is super hard. I agree wanderingwolf...He never said he wants to be the face of baseball, everyone else wants him to be cause hes the best
Respect to Shohei. He could have asked for whatever he wanted from teams, but he did this because he wants to help the team. The guy is unreal.
Remember that sentiment when the massive inflation he just added to future free agent negotiations boosts the cost of everything at your home park, from tickets to concessions to parking.
No, he makes 50 plus million off the field. The deferral of money isn't taxed and also goes up with inflation.
It's not like he sacrificed ANYTHING. In fact he sold out to the big market team and out of all he picked the consistent loser.
Actually, it could ruin baseball. Now the Dodgers can sign Yamamoto, Hader and even someone else. Super teams suck!
AJ looks like he was crying before the show started....poor guy 🤣😂
Nobody complained about Tiger woods when he avoided media. Now AJ is comparing about Ohtani not talking to media. Ohtani will be fine. In fact, he prob will speak abit more but don’t expect he is going to give media everything
The greatest basebol player of all time.
Ohtani Rules! Lets go Dodgers !
Legendary!
Shotime said “up your ass newsome!” 😂
He’s a legend
Every former player loves this deal. Every baseball fan thinks it's a BS deal.
That’s because the other fans think the AAV is $2M/yr
@@berto8232 No, it's because they understand that every new obscenely rich free agent contract sets the bar higher for future negotiations, and the owners always pass on the cost to the fans.
@@HurtTurtlesTreehouseYou think every superstar is like Shohei ohtani willing to get 2 million per year so the team can win? They aren’t making 40+ million off endorsements. The next closest is Judge who makes 4 million. This doesn’t change anything. One of a kind player with a one of a kind contract.
@@MrMafiaDog You're arguing against your own point. If other players can't count on huge endorsement paydays that come from outside the franchise, they have even more motive to get as much as possible from the franchise when negotiating a contract. If you think all the agents aren't viewing Shohei's contract as a new benchmark to be brought up in negotiations, you're dreaming. The deferred money is irrelevant in that respect. From an agent's standpoint, the total dollar amount is the bottom line and the benchmark.
@@HurtTurtlesTreehouse They won’t even ask for anything near that amount. Unless another player that can pitch and hit comes to mlb, it’s highly unlikely we’ll ever see that kind of money again. You only spend that money on a player that will ensure you’ll make it back.
If he wins just one World Series, he will be a "Billion Dollar Player" money coming from JAPAN...
What? Are you under the illusion that fans in Japan will pay the bulk of this contract?
Yes, you are right, kind of this idiotic posts come in tons lately. No matter where you look, after Ohtani signed the contract. I guess the US education system is at an all time low?@@HurtTurtlesTreehouse
Nah. He was “projected” to receive $50M+ a year as a 2-way player, even though he’s not going to be pitching.
$68M in 10 years has a real money value of $52M a year today.
If the Dodgers put $26M in an S&P mutual fund every year for the next decade, can you guess how much money they’ll have in the fund a decade from now? Yup. You guessed it. $68M.
Sooo… Esentially, Shohei said, “put 26mil in a mutual fund to pay me later, and use the the other 26 to sign Yoshimodu.”
The Dodgers get 2 players for the same price as 2 players.
Good for them. Good for Shohei. I don’t think it breaks baseball. Ohtani, Yamamoto, and Kershaw doesn’t “break baseball” any more than Maddux, Glavine & Smoltz broke baseball.
And remember shohei bet on himself. He took a less contract as a rookie to be a two-way player. And I give the angels credit for letting him do it. If you think about it, the huge stars like Michael Jordan, for example, he was not approachable when he played Even to this day he still isn’t He’s an icon. Shohei will rise to that same level.
When Shohei was in the homer Derby, I believe at that point he was making two to $3 million per year ( with no deferred 675 million at the end haha ). he donated the monies that he got paid for doing that to the staff for the Angels He’s a standup guy he’s not getting in trouble just like Jordan didn’t
he doesn't care much for material things, I think he just wants to have a fulfilling career and win. 200 vs 700 mil is probably the same to him.
Don't worry about the price of food at the stadium, you can bring in your own.
Actions louder than words
Win or lose Dodgers will make money off Shohei
I'm buying Kose and Dodger jersey next. 😝
They think taxes in Japan especially Tokyo is cheap. 😂 most Americans live in their own bubble.
SHOHEI OHTANI FEVER💙💙💙
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.
That doesn't make any sense........there is only a 3 hour difference between the East coast and the West coast. If they can watch West coast games at 10 AM that means they could watch East coast games at 7 AM.
A.J. seems a little salty
Off the field Shohei makes over $50 million in Japan alone. So he'll be okay.
He got Taiwanese & Korean markets
He still gets the money. They just pay him later. So basically he gets his money in the back end. That’s setting himself for later in life and he’s trying to win right now.
we have a chunk of players on the cards that have deferred salaries, Matt Holliday $1.5M/yr (2020-2029), Adam Wainwright $1M/yr (2024-2024), Nolan Arenado $3M/yr (2032-2041)
What will be interesting is will this affect how future free agents do their deals
I am a Yankees fan and when I saw the notification for he sighed for 700 million even I said oh snap
Otani makes 45-50 million in endorsements
Not many players will defer that much money to help their team. Granted, they also don't make as much in endorsements. - WW
Player endorsements of products, like his New Balance sponsorship, enrich the player and his agent, not the franchise he plays for.
@@HurtTurtlesTreehouse Have you seen angels stadium? It’s filled with Japanese brands/products all over the stadium. Dodgers stadium will be no different.
@@HurtTurtlesTreehouse Shohei's endorsements most definitely helped the team in this case. Unless you are saying Shohei would have deferred $68M/year whether or not he had endorsements. He may have, but that's just speculation. - WW
@@WanderingWolf365 Of course his deferral helped the team in terms of salary space and luxury tax concerns. But if he gets hurt and can't play and they haven't secured an insurance policy because of his two surgeries, then they're SOL because, backloaded or not, the entire amount is guaranteed. What I'm saying is simply factual: endorsement money belongs to the player and his agent, not to the franchise. That it allowed Shohei to comfortably defer payments from the Dodgers is a consequential benefit.
Totally agree with AJP. There's nothing crooked or dishonest about the contract. He's giving the Dodgers 10 years in exchange for payment on a schedule that benefits the team. That's all it is--a unique payment schedule for a unique player that works around the luxury tax. The luxury tax isn't a moral imperative, it's just a rule for how baseball teams operate. If MLB thinks deferments like this contribute to disparity, then they need to adjust the rules. You'll have to show me why deferments contribute to disparity and then explain why I should care about that when some of the best teams have the lowest payroll.
Shohei is like Tiger. Tiger didn't give media a lot of time, but he still drew people to golf. Hopefully he doesn't have a crazy scandal.😅
He doesn’t have to talk to media because his plane is all talking.
People who hate Ohtani because of he's contract is JEALOUS !!! 😂
Because they can't do what he's done
Get $700 Million contract for 10 year and deferse it to $20 million which 98% of the BIG MONEY IS CRAZY
NO ONE BASEBALL PLAYER WOULD DO IT 😂😂😂
Because they don't have much money like Ohtani, he get $50 million each year from the endorsment
I think he was just done with the angels(owners). What can you say when you are doing all this amazing stuff and the teams still lost. No offense to Angels, I think they were trying to build a team just didn't work out... kinda just got that vibe from him. He already had one foot out the door waiting for his free agency. Seems like he was ready for this fresh start. Like he can be that missing piece for an amazing team with 3 of the nicest superstars, mookie, freddie, will smith, and I think Jason Hayward is just a good example of club house leader. I don't get how anyone could hate those guys. The team(owners and probably the fans not all are annoying lol), yes, I get, but those guys are some of the "nicest" (I don't know them, but they look nice, lol) 🤷♀️
if the dodgers were willing to pay $70M per year for the first 10 years, and if ohtani said he'll defer most of it, then ohtani basically took a $232M pay cut to keep the dodgers competitive. it's that simple. -$232M=($46.8M-$70M)x10=(AAV - salary without accounting for the time value of money) x number of years.
on the other hand, if the $70M per year for the first 10 years was never on the table, all this is just optics.
i.e. this is not really a $700M contract. it is essentially a $468M contract, and the dodgers are getting charged as a $468M contract. illustratrion: any team that can pay $468M over 10 years can do the same thing as the dodgers. they just need to save $44.8M (=AAV minus $2M) each year and put it in an interest bearing account. then after 10 years, they'll have $68M to pay their player each year. any player can do it as well - a player that gets signed $468M over 10 years can save $44.8M of the $46.8M each year, and 10 years later, the player will have an income stream of $68M per year. of course you need to adjust the math for taxes, but the same argument holds.
overall, i think the $468M (or $700M) over 10 years seems fair for ohtani given his injury this year. i.e. ohtani is getting paid what we thought he would get paid, between $450M to $500M because of the injury.
Shohei makes over 50 million a year outside the contract. Plus, the guy doesn't even spent the money, man just live and breathe baseball
now California is like oh fuck we gotta switch that law
What law? Cohen SUGMA on Giants owner all day
I love how all the other GMs could do the same thing, just never considered it. Friedman is simply smarter than everyone else. As a Californian, f*ck California! Lol! GO BLUE!!
Tax rate in Japan is much higher... this isn't about taxes...
I believe the net present value for each year will be a little bit different. 68M paid 15 years from now should be discounted less than 68M paid 16 years from now, even through the discount rate is the same.
Shohei didn’t do anything wrong at all, but this isn’t “selfless”. He’s getting exactly what he wants. Less taxed money, and an opportunity to win. He didn’t sacrifice anything for this, and he deserved that. But I do think there should be a rule proposed in the next CBA about the total value of a contract going towards the CBT, regardless of deferrals.
I thought it was brilliant on so many levels. He'll make even more if he gets more talent and titles
Shohei is gonna get crushed by inflation on the back end.
MLB needs to do change the rules for fair play. The Dodgers are buying a Championship. This isn’t good for the league.
I have 2 simple questions, how does his agent get his money on time? Is the agent paid directly from Ohtani ?
for the sake of the Dodgers, they better win a championship with him because they're going to be sunk with the deferred money. they also better hope he's going to be himself after the second tommy john
I sure hope the Dodgers sign Soto next year!!
People are stupid. They’ll just charge those 500 dollar upper deck seats.
Guys, the deferral is still a loophole that needs to be closed or the luxury tax system won't sustain the lesser teams and the game will suffer. The Dodgers were very clever, lets end this cleverness now.
For those working the numbers to simplify Ohtani is getting $2M a year and $44M a year goes into escrow. Come 2034 through 2043 Ohtani gets $68M per year. It’s interest free to Ohtani but the Dodgers can make interest on the “escrow” $. Another layer Ohtani can move out of Cali in 2034 not pay Cali Taxes or if he leaves USA not pay Fed taxes as well. Win-win for a guy that makes crazy $ off the field.
Only losers talk and talk and talk. Ohtani is going to let his actions speak for him.
How would the Pirates owner sell the team so easily if there was a 680 million dollar contract tethered to the franchise. Delusional.
Never happen they even worth $680M
One of the guys in the video doesn't understand taxes on a state and federal levels. He repeating something that's been falsely circulating online. Shohei will be taxed on his deferred income when he retires because he earned that money in California and USA. Shohei didn't escape taxes at ALL. He just delayed his taxes.
Has Shohei ever said he wants to be the face of baseball? 🤔 Shohei is there to play baseball. Not for attention and money. Obviously🙄 he just got these things as a result. AJ is like if Shohei can be the face of baseball, then I could be the one! haha funny
The contract will inflict shit storm in the next CBA
aged like milk
Everyone can try and paint ohtani as a Saint for helping his team win. This was still a selfish move, and it sucks for baseball. This can't be good for the game outside the player and the teams success. It didn't break any rules, but the move was OP.
It is ok only if everyone had the same deferral option. Otherwise it's an unsolvable quagmire. The Bobby Bonilla deferral was a joke precisely because the wilpons were taken for fools. If everyone defers, there will be a bubble that blows up all of professional baseball if we go through a market recession
How did I not know A.J. was this foine. I would drink his pedicure foot bath water.
So no one is introduced? Supposed to know who these guys are?
This still gives the Dodgers a competitive edge to sign players due to saving $24M on the CBT! That's $24M less money that would put them over the threshold limit!
Completely agree. But I think it’s more on Ohtani being aware that regardless of who signed him, he would cripple that team. How many other players would be willing to do what Ohtani did? Ohtani is losing about $200M anyways by deferring his money.
@@berto8232 if it wasn't deferred I don't think it would be a 700 mil deal, maybe more like 5-600.
Can someone step up and tell AJ and Kratz to turn those goddamn hats around. Do these men not have wives or friends? It’s not that it looks bad, it looks completely ridiculous.
Soto will sign long term with the Yankees. He will not hit the market.
If you have to keep saying its not cheating over and over chances are its doing something that isn't great to the game.
Other teams with envy because they didn't take of it...plus their backer are whining...
How much taxes will Ohtani have to pay on the $680million?
大谷はチームの為に野球がやりたいだけです、勝ちたいです
What BS dodging taxes and the luxury tax
Ohtani gets booed? Good joke lmao he hasnt even wear the uniform yet Dodgers fan are already calling him the Goat for wanting to deffer all his salary 😂
Tha LA tax Dodgers
It would be nice if he spoke English.
Good for Pierzynski calling out the elephant in the room. Shohei needs to learn English if he wants to be the face of the MLB. Or at least face the media more
He’s already the face of baseball, both on and off the field
@@kevinyam2 he’s not. He’s not nearly as a big of deal as you ohtani fart huffers make him out to be.
@@johngoldsworthy7135you are another PEPEGAandy
@@johngoldsworthy7135 you should know what e10 before you go bozo
Shohei failed in having no interest on that deferred payments. Plus, the Dodgers circumvented the luxury tax for CBT. Instead of 70M hitting the AAV and making their payroll 245 and over the 237 luxury tax threshold, its 46AAV and making their payroll only 221 and under it. I bet the CBT will be changed so the deferred money hits during their playing days. Small market teams should be furious.
The MLB is now bankrupt morally and financially. Great job