The Los Angeles Dodgers shocked the baseball world when the group signed Shohei Ohtani to a 10-year, $700 million deal final December. Arguably essentially the most shocking element of the blockbuster deal was Ohtani deferring 97 p.c of his contract.
Ohtani’s deferred funds gave the Dodgers monetary flexibility to proceed bringing expertise to Los Angeles, therefore the latest signing of free agent pitcher Blake Snell and the contract extension to maintain utility man Tommy Edman.
Bob Nightengale of USA Right this moment broke down how Ohtani’s deferred wage was solely potential due to his stardom in an unique dialog with Dodgers Nation.
“Yeah, properly, they’re making their cash and so they’re spending it,” Nightengale instructed Dodgers Nation’s Doug McKain. “Lots of people don’t. You already know, take into consideration again within the days of George Steinbrenner — he was about the one man who spent each penny and will care much less about turning a revenue. And I believe even John Middleton of the Phillies had the nice quote a 12 months in the past speaking in regards to the 1927 Yankees. Does anybody keep in mind in the event that they turned a revenue or not? We all know the Dodgers are going to show a revenue.
“The Ohtani factor, you realize, was unbelievable. I’m nonetheless amazed that the Angels didn’t match that deal. However, you realize, with a $2 million wage and $68 million deferred yearly, it prices the Dodgers about $43 million a 12 months, actually. And so they’re making greater than that, not simply on ticket gross sales, however on promotions, sponsorships, and excursions coming in from Japan. So, I imply, he’s one man. Aaron Choose sells some tickets, Soto sells, you realize, however no person sells tickets like Ohtani. That’s how Ohtani makes about $65 million a 12 months off the sector, however the subsequent closest factor is about $6 or $8 million a 12 months. Nobody has ever meant this a lot to baseball by way of sponsorships and stuff. Perhaps it’s like Babe Ruth.”
Ohtani knew he’d be capable to make his cash in different methods, and the Dodgers knew they’d be capable to maximize their championship window by persevering with so as to add expertise across the best expertise arguably in baseball historical past.
Picture Credit score: Owen Ziliak/The Republic / USA TODAY NETWORK
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