Shohei Ohtani Can Opt Out Of Deal With Dodgers
1 year agoLos Angeles Dodgers two-way superstar Shohei Ohtani can opt out of his 10-year, $700 million deal with the Dodgers if either controlling owner Mark Walter or president of baseball operations Andrew Friedman are no longer with the team, according to a person familiar with the record-breaking deal. Ohtani's deal also provides that 97% of the money be deferred without interest and not fully paid until 2043. His contract calls for annual salaries of $70 million and of each year's salary, $68 million is deferred with no interest, payable in equal installments each July 1 from 2034-43. The 29-year-old Japanese star was the American League's MVP in two of the last three years and gives the Dodgers already stacked lineup even more star power in 2024 and beyond, although he won't be pitching at all next season after having right-elbow surgery.
Source: The Associated Press - Beth Harris and Ronald Blum
Source: The Associated Press - Beth Harris and Ronald Blum