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Shohei Ohtani Signs Record $700 Million Contract with Dodgers

The historic deal includes $680 million in deferred payments, with Ohtani also earning an estimated $65 million in endorsements for 2024.

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Overview

  • Shohei Ohtani secures a groundbreaking $700 million contract with the Los Angeles Dodgers, setting a new record in baseball history.
  • Despite the massive contract, Ohtani's salary includes $680 million in deferred payments, with only $2 million paid annually for the next decade.
  • Ohtani's endorsement earnings for 2024 are estimated at $65 million, making him the highest-paid player in MLB when combined with his salary.
  • The Dodgers' investment in Ohtani and other high-profile players underscores their commitment to securing top talent and enhancing their competitive edge.
  • Ohtani's unique contract structure and substantial endorsement deals reflect his global appeal and the changing landscape of athlete compensation in professional sports.