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Joined: Tue January 01, 2013 1:53 pm Posts: 10280 Location: in the air tonight
How is $700 million possible? $70mil a year!? That's basically double Trout's and Judge's average annual salary. That's wild. Was someone other than the Dodgers seriously even coming close to that?
I would not be surprised if we see reporting in the next few hours or days clarifying that $250 million of those dollars are going to some Shohei-approved charities or something because holy cow
So maybe we'll have fifty years of another Bobby Bonilla Day and, inflation being what it is, those long-deferred payments won't be as painful to the Dodgers as $70 million looks right now. But even still that is a wild number
How is $700 million possible? $70mil a year!? That's basically double Trout's and Judge's average annual salary. That's wild. Was someone other than the Dodgers seriously even coming close to that?
I would not be surprised if we see reporting in the next few hours or days clarifying that $250 million of those dollars are going to some Shohei-approved charities or something because holy cow
He’s a top hitter and pitcher, and at his age, either of those on their own could garner half a billion. But then understanding that he may not be a two way guy forever, you justify paying him as one and a half of those two players, so $700 mil sounds about right.
Joined: Tue January 01, 2013 7:41 am Posts: 19724 Location: Cumberland, RI
I figured the total value would be north of $600 million, but I didn’t think it’d get that high. If you split the contract in half and consider it $350 mil for 10 years as a hitter, it matches the AAV of Trout’s contract, but then it’s $350 mil for 9 years as a pitcher, but there are a handful of guys making more than that, so it’s almost a deal?
Joined: Wed January 02, 2013 2:23 am Posts: 3648 Location: The In Between
He’s a once in a generation talent, but what can you get for $14 million a year? Wouldn’t five $14 million caliber free agents be a better investment than one $70 million player?
Ohtani deferring most of his salary as nothing more than a tax dodge confirmed.
Quote:
Under a 1996 federal law, Ohtani can be exempted from California’s 14.4% top income tax rate on his deferred compensation if he no longer lives in the state. After 10 years of being paid $2 million per year to play for the Dodgers, Ohtani will begin receiving $68 million in annual payments from 2034 to 2043. Should he follow the lead of top-earning athletes such as Phil Mickelson, who moved from California due to significant increases in income taxes, Ohtani would save over $9 million per year in California income taxes. Whether he moves to a state without income taxes like Florida, or even back to Japan, leaving the Golden State after his 10 year stint playing for the Dodgers could be a prudent financial move.
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This is killing me.
