The titan of baseball, Shohei Ohtani, has signed an earth-shattering contract with the Los Angeles Dodgers, rewriting the record books in the process. The jaw-dropping deal sees Ohtani pocketing $700 million over 10 years, dividing down to an astounding $70 million per year. The attention-grabbing numbers, however, hide an intriguing strategy that the Dodgers and Ohtani have cooked up.
In a novel tactic, Ohtani will defer $68 million of his yearly earnings until the end of his decade-long contract, meaning he will earn a humble (by baseball standards) $2 million per year during his playing years. This revolutionary approach allows the Dodgers a great deal more financial freedom to add more talent to their star-studded lineup.
