{"id":472393,"date":"2023-12-10T02:52:51","date_gmt":"2023-12-10T06:52:51","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=472393"},"modified":"2023-12-10T02:52:51","modified_gmt":"2023-12-10T06:52:51","slug":"shohei-ohtani-agrees-to-record-700-million-deal-with-dodgers","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/shohei-ohtani-agrees-to-record-700-million-deal-with-dodgers\/","title":{"rendered":"Shohei Ohtani agrees to record $700 million deal with Dodgers"},"content":{"rendered":"<p>Shohei Ohtani has not only achieved unparalleled success on the field but has now set a groundbreaking financial record, securing a staggering $700 million deal as he makes the 30-mile journey up Interstate 5 to join the Los Angeles Dodgers.<\/p>\n<p>Nez Balelo, his agent, put an end to months of speculation with a midafternoon news release on Saturday, officially announcing the 10-year contract. The anticipation surrounding Ohtani&#8217;s decision had kept media and fans on edge, leading them to track private plane movements and speculate on sightings like detectives eager to uncover the intentions of the two-time AL MVP with the Angels.<\/p>\n<p>Balelo commented on the historic nature of the deal, stating, &#8220;This is a unique, historic contract for a unique, historic player. He is excited to begin this partnership, and he structured his contract to reflect a true commitment from both sides to long-term success.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Shohei Ohtani just signed the richest deal in sports history (10 years $700 million).<\/p>\n<p>Here&#8217;s how much he will actually earn: \ud83d\ude32<\/p>\n<p>$70M: Salary<br \/>\n&#8211;<br \/>\n$25.9M: Federal Tax<br \/>\n$4.65M: California Tax<br \/>\n$2.1M: Agent Fee<br \/>\n$2.0M: Jock Tax<br \/>\n$1.64M: FICA\/Medicare<br \/>\n=<br \/>\n$33.6M: Net Income <a href=\"https:\/\/t.co\/CcyeDkA92p\" target=\"_blank\">pic.twitter.com\/CcyeDkA92p<\/a><\/p>\n<p>\u2014 Andrew Petcash (@AndrewPetcash) <a href=\"https:\/\/twitter.com\/AndrewPetcash\/status\/1733621186867720573?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Ohtani&#8217;s monumental agreement surpassed baseball&#8217;s previous record, a $426.5 million, 12-year deal for Angels outfielder Mike Trout that commenced in 2019. With an average salary of $70 million, Ohtani&#8217;s earnings outshine the prior high of $43,333,333, jointly held by pitchers Max Scherzer and Justin Verlander through their deals with the New York Mets. Notably, Ohtani&#8217;s average salary is nearly double the approximately $42.3 million he earned with the Angels and even surpasses the entire payrolls of Baltimore and Oakland for the current year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shohei Ohtani has not only achieved unparalleled success on the field but has now set a groundbreaking financial record, securing a staggering $700 [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":472398,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17101,17254],"news_category":[16708],"gn_keywords":[18925,18481],"acf":{"announce":"The contract will be signed for 10 seasons and will break many records ","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/472393"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=472393"}],"version-history":[{"count":1,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/472393\/revisions"}],"predecessor-version":[{"id":472399,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/472393\/revisions\/472399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/472398"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=472393"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=472393"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=472393"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=472393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}