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Shohei Ohtani’s Agent Defends Groundbreaking Dodgers Contract Structure

Nez Balelo confirms no regrets about Ohtani’s $700M deferred deal, citing championship success and team-building benefits.

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Overview

  • Shohei Ohtani’s 10-year, $700 million Dodgers contract includes $680 million in deferred payments, reducing its present value to $461 million for luxury tax purposes.
  • Ohtani’s agent, Nez Balelo, revealed the decision to prioritize a shorter contract term over a 15-year deal to maintain peak performance and legacy.
  • Balelo confirmed Ohtani’s endorsement earnings surpassed $100 million this year, further solidifying his global marketability.
  • The Dodgers reinvested over $450 million from deferred payroll into acquiring key players like Yoshinobu Yamamoto and Tyler Glasnow.
  • Balelo dismissed rumors of Ohtani’s alleged flight to Toronto to sign with the Blue Jays as inaccurate and “reckless reporting.”