We will see the first billion dollar contract athlete in our lifetimes. Book it. And that's going to be both amazing and disgusting.
OT. Holy crap!!! Shohei Ohtani to the Dodgers for 10 years 700 million dollars
- Thread starter crawfords corner
- Start date
Catfish Hunter got this started i could not believe the yankees would pay a player 3.5 million for 5 years when he signed
People say no one is worth it but given that some team was willing to pay that I guess he was lol
Amen, been a Dodger fan since the '74 season. Roberts is just like Cal. Less, with more.
And this is why I hate pro sports. Really starting to hate all sports. I'll be surprised if I'm even following sports in the next 10 years.
Looks like they are deferring 68 of 70 mil per year until the end, then he will get paid 68 mil per year from 2034-2043
The AP story on this said "By receiving the vast majority of the money when he presumably will not be living in the United States, Ohtani also figures to have a tax benefit. California's top tax rate for residents is 13.3%"
He’s not making the money yet - so no, he’s not evading taxes. You can’t tax people on future earnings
All of the deferred salary is allowing the Dodgers to make a serious run after Tyler Glasnow. Reportedly a deal is in the works for TB to send him there. Dodgers already have a top rated farm system as it is to pull off trades for star players. Also in the running for the Japanese pitcher Yoshinobu Yamamoto.
It seems like this deferred payment plan is kind of sketchy. Allows the richer teams to load up on talent without having to worry about the luxury tax or whatever it is called these days. Just letting the rich get richer with no penalty to worry about until many years down the road.
The Reds are still pay Griffey from his contract in 2000. It ain't just the rich teams.
Dodgers To Sign Yoshinobu Yamamoto To 12-Year Deal
10:37pm: There's a $50MM signing bonus, reports Bob Nightengale of USA Today (X link). The deal does not contain any deferred …
www.mlbtraderumors.com
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I wondered about this myself. According to what I read, the deferred money is calculated as "AAV", Average Annual Value, which in Ohtani's case is about $46M per year, so that is the number to determine what LAD will pay on their luxury tax.
Another deferred contract to be paid out in installments from 2030-39.
www.mlbtraderumors.com
Dodgers To Sign Teoscar Hernandez
The Dodgers have continued their free agent spending spree, agreeing to one-year, $23.5MM deal with outfielder Teoscar Hernandez, according to …
www.mlbtraderumors.com
Yes. I bet our grandfathers can also play golf. But can they step in and hit a slider?
https://www.espn.com/mlb/story/_/id/39768770/dodgers-shohei-ohtani-interpreter-fired-theft
Well. Sore wa yokunai ne. XD
Well. Sore wa yokunai ne. XD
This is the narrative they are going with. Anybody that believes that cock and bull story they're feeding everyone to get the heat off Ohtani...Then I have some swamp land for sale. Especially the part where Ohtani sits down at his computer, transfers the money with the interpreter next to him as reported by ESPN last night on SC and now they are claiming 'massive theft.' LA fires the interpreter right before they found out ESPN was about to go public with an article that had evidence of Ohtani's bank account on statements for the wire transfers to an illegal bookie.
Even if they find dirt on Ohtani and can prove it, reports are saying it would be a minimum 1-year suspension which is the length Ridley got in the NFL. Punishment of course is up to the commissioner's discretion according to Rule 21 of the CBA. Players are allowed to legally bet on other sports. The league isn't going to ban him for life based on what we know now since the reported bets weren't on one of the diamond sports (baseball and softball) which is strictly prohibited by MLB.
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