JUST IN : Shohei Ohtani signs a 10-year, record $700 million contract with the Los Angeles Dodgers..
Along with his exceptional on-field performance, Shohei Ohtani has set a financial record by earning $700 million to join the Los Angeles Dodgers, who are just 48 kilometers (30 miles) up Interstate 5.
Months of speculation that started even before Ohtani became a free agent on November 2 came to an end on Saturday when his agent, Nez Balelo, sent a news release announcing the 10-year contract.
The approximately $42.3 million that Ohtani made with the Angels is almost doubled by his average salary. Additionally, it surpasses Oakland’s and Baltimore’s total payrolls for this year.
According to a person familiar with the deal, it contains previously unheard-of deferred money that will reduce the amount it counts toward the Dodgers’ luxury tax payroll, The Associated Press news agency reported. Since the specifics were not made public, the individual spoke on condition of anonymity.
According to Balelo, “he drafted his contract to show a genuine commitment from both parties to long-term success.” “Shohei and I would like to express our gratitude to all the organizations that contacted us for their consideration and admiration, particularly to the amazing individuals we got to know even more during this process.”
This is perhaps the largest contract in sports history, topping highs believed to be set by football stars Lionel Messi and Kylian Mbappe.
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