Shohei Ohtani will earn $700 million over the next 10 years while playing for the Los Angeles Dodgers, but he won’t see most of that money for a long time.
A new report has revealed the financial terms of Ohtani’s deal with the Dodgers and he agreed to defer most of his salary until years from now.
Ohtani will defer more than 97% of his salary and will only receive $2 million a year from the Dodgers while he plays for them, instead of the $100 million he is entitled to receive.
Because?
Keep reading to know more…
ESPN reports that Ohtani is deferring $680 million of his salary, which will be paid between 2034 and 2043.
The sports outlet reports that deferring the money was Ohtani’s idea so that the Dodgers can sign other players and not worry about how to get the money to pay for those contracts. Ohtani is also believed to make more than $45 million a year in endorsement deals, so he isn’t worried about receiving his Dodgers salary right away.
Ohtani’s $700 million contract sets a new record for the largest payday in baseball.
Categories: Biography
Source: vcmp.edu.vn