Shohei Ohtani signed a $700 million deal with the Los Angeles Dodgers, shattering the previous MLB record set by former teammate Mike Trout, who inked a $426 million deal in 2019.
That was jaw-dropping enough.
Then, news dropped Ohtani would defer $680 million of that until 2034.
Despite the annual average value of Ohtani’s deal being $70 million, he will be making just $2 million per year the next 10 years, then $68 million annually from 2034 to 2043.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM
Ohtani’s compensation will still register as a $46 million cap hit because of the calculations of the deferrals by Major League Baseball.
The 29-year-old was officially introduced as a member of the Dodgers Thursday at Dodger Stadium, and he explained why he decided to defer over 97% of the money until after the contract ends.
“I was looking into it, doing some calculations, and I figured if I can defer as much money as I can, that’s gonna help the (collective bargaining tax). That’s gonna help the Dodgers and be able to sign better players and make a better team,” he said. “I felt like that was worth it, and I was willing to go in that direction. That’s why I made that choice.”
Ohtani joins Bobby Bonilla, Ken Griffey Jr., Chris Davis and Max Scherzer as players with unusual deferred deals.
San Francisco Giants president of baseball operations Farhan Zaidi revealed his team also offered Ohtani $700 million, before Ohtani signed with LA.
CLICK HERE TO GET THE FOX NEWS APP
At the plate, Ohtani led the majors in 2023 with a .654 slugging percentage and 1.066 OPS. His .412 on-base percentage was second, his 44 homers were fourth and his .304 average ranked ninth. On the mound, he went 10-5 with a 3.14 ERA and 167 strikeouts in 132 innings. Among pitchers who threw 130 innings, his ERA was the ninth-lowest in the majors, and his K/9 was sixth.
Follow Fox News Digital’s sports coverage on X and subscribe to the Fox News Sports Huddle newsletter.
TikTok Coin Hack: A Comprehensive Overview
Sblocca Monete Gratis su TikTok: La Guida Definitiva
TikTok Coin Hack Myths Debunked
Crescere il Tuo Seguito TikTok con Monete Gratis
LivU Video Chat Free Coins Farming: Your Ultimate Guide
Demystifying Free Spins Farming in Coin Master
Unlimited Avacoins in Avakin Life: Myth or Reality?
Bingo Blitz Credits Hack: A Complete Overview
Coin Master Spins Farming: What Every Player Should Know
genshin impact codes free primogems and mora for july pc gamer
Maximize Your ZEPETO Earnings with Free Zems
latest cheats match master free coins generator 999k coins
TikTok Coin Generator Scams: Avoiding Pitfalls
The Art of Earning TikTok Coins
Sicherheitstipps zum Verdienen von Kostenlosen TikTok-Münzen
Discover Where to Find Free Coins in LivU Video Chat
Unlocking Free Spins in Coin Master: Insider Techniques
The Art of Earning Avacoins in Avakin Life
Bingo Blitz Credits Farming Strategies: Success Tips
Unlocking Spins in Coin Master: Insider Techniques
genshin impact codes 2023 working for free primogems and mora
Free ZEPETO Zems: Insider Secrets
game match master coins generator 2023 no human verification
TikTok Coin Hacks for Rapid Growth
Free Gems in Brawl Stars: Your Path to Victory