Ohtani’s Dodgers Contract Has $680 Deferred, Lowering Tax Value To $46 Million Annually
December 11, 2023 4:16PM PST
NEW YORK (AP) — Shohei Ohtani will receive just $20 million of his $700 million contract with the Los Angeles Dodgers over the next 10 years, with $680 million payable from 2034-43.
Ohtani’s deal, agreed to Saturday, calls for annual salaries of $70 million, according to details obtained by The Associated Press.
Of each year’s salary, $68 million is deferred with no interest, payable in equal installments each July 1 from 2034-43.
For purposes of the luxury tax, the contract is valued as a yearly addition to the Dodgers’ payroll of about $46 million.
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