Shohei Ohtani shocked the baseball world twice this week.
The first shock came when he shattered records by signing a 10-year, $700 million contract with the Los Angeles Dodgers. The second was when reports emerged that the 29-year-old two-time MVP would only be taking home a fraction of that amount over the life of the deal, deferring the remaining $680 million until after he has hung up his spikes.
A deferral of that magnitude is unheard of. Instead of receiving $70 million per year for the next 10 seasons, All-Star hitter and pitcher will reportedly only collect $2 million annually over that span, according to The Athletic.
Starting in 2034 — when he will be 39 years old — and going until 2043, Ohtani will receive $68 million per year.
That means that the Japanese slugger's earnings over the next 20 years will look like this:
- 2024: $2 million
- 2025: $2 million
- 2026: $2 million
- 2027: $2 million
- 2028: $2 million
- 2029: $2 million
- 2030: $2 million
- 2031: $2 million
- 2032: $2 million
- 2033: $2 million
- 2034: $68 million
- 2035: $68 million
- 2036: $68 million
- 2037: $68 million
- 2038: $68 million
- 2039: $68 million
- 2040: $68 million
- 2041: $68 million
- 2042: $68 million
- 2043: $68 million
The deal, the structure of which reportedly came from Ohtani himself, will give the Dodgers more financial flexibility to continue building a competitive team around him during his prime playing years.
But that doesn't mean Ohtani will only be living off of $2 million per year for the next decade. The phenom is one of the highest-paid athletes in sports off of endorsements alone, raking in a reported $50 million annually.
His sponsors include Japanese watchmaker Seiko as well as Fanatics and Topps. Earlier this year, he signed a long-term endorsement deal with New Balance.
That said, by the time all is said and done, Ohtani will be baseball's all-time leader in on-field earnings. He earned just over $42 million during his six seasons with the Angels.
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