El Chapo2017 Posted December 9, 2023 Report Share Posted December 9, 2023 Chump change...Got lowballed... Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted December 9, 2023 Report Share Posted December 9, 2023 They'll make much more off the Japanese angle. Incredible signing Quote Link to comment Share on other sites More sharing options...
El Chapo2017 Posted December 9, 2023 Author Report Share Posted December 9, 2023 Yup... Worth $50-60 Mill/Year just in marketing revenue... Also, alot of money is deferred (reducing present day value)... Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 10, 2023 Report Share Posted December 10, 2023 I just hope he pitches in 2 years. Quote Link to comment Share on other sites More sharing options...
sleepy Posted December 10, 2023 Report Share Posted December 10, 2023 so with the salary cap its going to be him and 8 scrubs Quote Link to comment Share on other sites More sharing options...
jasson621 Posted December 10, 2023 Report Share Posted December 10, 2023 12 hours ago, mikeman said: I just hope he pitches in 2 years. Me too so Roberts can yank him in the 5th inning of game 7 of the World Series with a no-no because he reached his pitch count of 71 to bring in late season Dodger acquisition Kenley Jansen to hold things down. Quote Link to comment Share on other sites More sharing options...
Chi_Archie Posted December 10, 2023 Report Share Posted December 10, 2023 what is projected payyroll for LA next year? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted December 10, 2023 Report Share Posted December 10, 2023 big deal zelensky got 1000x that... 2 new super yachts and he sucks at baseball Quote Link to comment Share on other sites More sharing options...
Chi_Archie Posted December 10, 2023 Report Share Posted December 10, 2023 13 hours ago, sleepy said: so with the salary cap its going to be him and 8 scrubs it's not a hard cap Quote Link to comment Share on other sites More sharing options...
El Chapo2017 Posted December 10, 2023 Author Report Share Posted December 10, 2023 15 hours ago, sleepy said: so with the salary cap its going to be him and 8 scrubs He is deferring a shitload of the contract to create cap space... Pay attention... Quote Link to comment Share on other sites More sharing options...
El Chapo2017 Posted December 10, 2023 Author Report Share Posted December 10, 2023 1 hour ago, Chi_Archie said: what is projected payyroll for LA next year? Can't say until exact details of contract is made public... Most notably, deferred payments... Quote Link to comment Share on other sites More sharing options...
Chi_Archie Posted December 10, 2023 Report Share Posted December 10, 2023 should be a fair amount above luxury tax threshold Quote Link to comment Share on other sites More sharing options...
mike499 Posted December 10, 2023 Report Share Posted December 10, 2023 2 hours ago, milwaukee mike said: big deal zelensky got 1000x that... 2 new super yachts and he sucks at baseball US taxpayers are fucking morons. Quote Link to comment Share on other sites More sharing options...
Boatboatboat Posted December 12, 2023 Report Share Posted December 12, 2023 8 MLB teams have lower total payrolls projected for 2023 then he will be paid on an annual basis over the lifetime of the contract Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 So he's getting $2 million/yr for 10 years and then $68 million/yr for the next 10. I dont get it. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted December 12, 2023 Report Share Posted December 12, 2023 11 minutes ago, mikeman said: So he's getting $2 million/yr for 10 years and then $68 million/yr for the next 10. I dont get it. The deferred money is held in escrow and earns interest. It's a win-win. Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 4 minutes ago, Jimmy Hoffa said: The deferred money is held in escrow and earns interest. It's a win-win. That means it'll be at least 70% more if interest rates remain at least decent. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted December 12, 2023 Report Share Posted December 12, 2023 2 minutes ago, mikeman said: That means it'll be at least 70% more if interest rates remain at least decent. He may have the ability to self direct the money into different instruments. It's like taking a smaller lump sum instead of taking the full amount for lottery winners. It's a wise move for a young person. Quote Link to comment Share on other sites More sharing options...
Chi_Archie Posted December 12, 2023 Report Share Posted December 12, 2023 he'll be dead of Vax before he collects his first 100 million from this contract arrangement. that 100 milly might be him a moderate house a decent car and a steak dinner if crypt keeper biden can steal another election Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 Looks like no interest, they say he makes $50 million/yr in endorsements. When Shohei Ohtani agreed to his record-breaking, $700 million contract with the Los Angeles Dodgers on Saturday, the deal reportedly came with "unprecedented deferrals." On Monday, we learned what those deferrals entail. Per The Athletic's Fabian Ardaya, Ohtani is deferring all but $2 million of his $70 million average annual salary until the contract's conclusion in 2034. That means he won't see $680 million of the salary for more than a decade. Per the report, the deferred portion of the contract will be paid to Ohtani without interest from 2034 to 2043. The deferrals were reportedly Ohtani's idea. The Dodgers officially announced the signing on Monday, but not the terms. Per The Athletic, Ohtani is believed to make $50 million annually in non-baseball income. That on top of his previous endorsement income and the roughly $42 million he made playing for the Los Angeles Angels presumably make it considerably easier for Ohtani to put off receiving $680 million in salary. The Orange County Register reports that other Dodgers stars have reached similar deferral agreements for considerably less money. Per the report, $57 million of Freddie Freeman's six-year, $162 million deal is deferred from 2028 to 2040. Mookie Betts' 12-year, $365 million contract includes $115 million in deferred salary that will be paid from 2033 to 2044. Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 Anyone have a math calculator, what's the net present value of those deferred payments? It could be close to the expected $50 million/yr he was in line for? Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted December 12, 2023 Report Share Posted December 12, 2023 I thought it earned interest, inflation is going to whack that money. Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 looks like if you assume a 3% inflation it's net present value is $499 million, at 4% it's 435. of course every athletes contract is spread out. Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 I had 1 extra payment, it's around $462 million Quote Link to comment Share on other sites More sharing options...
mikeman Posted December 12, 2023 Report Share Posted December 12, 2023 Those CA taxes will kill him. Quote Link to comment Share on other sites More sharing options...
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