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“Reported Agreement: Shohei Ohtani Enters Record $700 Million, 10-Year Deal with Dodgers”

Shohei Ohtani’s Monumental $700 Million Deal with Dodgers
In a groundbreaking move, Shohei Ohtani has reportedly sealed a historic 10-year contract worth an unprecedented $700 million with the Los Angeles Dodgers, marking a significant financial milestone alongside his unparalleled on-field prowess.
Ohtani’s agent, Nez Balelo, confirmed this substantial agreement on Saturday, putting an end to months of intense speculation following Ohtani’s free agency commencement on November 2. During this period, media and fans meticulously tracked private plane movements and sightings in anticipation of the two-time AL MVP’s next career move.
“This is an extraordinary, landmark contract for an extraordinary, historic player,” Balelo remarked. “He is eager to embark on this alliance, demonstrating genuine commitment from both sides towards long-term success.”
Ohtani’s average annual salary of $70 million surpasses previous highs, outranking pitchers Max Scherzer and Justin Verlander’s $43,333,333 deals with the New York Mets. It notably exceeds his former earnings of approximately $42.3 million with the Angels and even surpasses the entire payrolls of some MLB teams, such as Baltimore and Oakland, for this year.
The agreement includes innovative deferred payments that will mitigate its impact on the Dodgers’ luxury tax payroll, as per a source familiar with the deal. However, the specifics have not been publicly disclosed.
Acknowledging the negotiations, Balelo expressed gratitude to various organizations for their interest and respect throughout the process, highlighting the dedication shown by both Ohtani and himself.
Reportedly the largest contract in sports history, this deal eclipses highs previously set by soccer luminaries Lionel Messi and Kylian Mbappé. Ohtani’s agreement with the Dodgers now reigns as the pinnacle in MLB history, surmounting the former record of $426.5 million held by Angels outfielder Mike Trout.
The Dodgers are yet to provide an immediate comment on the matter. Ohtani conveyed his sentiments through an English-language statement on Instagram, apologizing for the time taken to reach a decision and expressing gratitude to the Angels organization and its fans. He pledged unwavering commitment to the Dodgers and promised to give his utmost effort until the conclusion of his playing career.
Joining a star-studded lineup with talents like Mookie Betts and Freddie Freeman, Ohtani’s arrival fuels excitement for the Dodgers, recent NL West champions. The team initiates the 2024 season in Seoul, South Korea, facing San Diego on March 20-21.
This landmark decision arrives six years after Ohtani’s initial agreement with the Angels, wherein he redefined baseball dynamics by showcasing remarkable prowess both at the plate and on the mound. His contributions made him a marketable icon globally, impacting ticket sales, TV ratings, and sponsorships significantly.
Throughout his career, Ohtani earned unanimous AL MVP honors, achieving outstanding statistics in both pitching and hitting roles. Despite injuries in 2021, he secured the MVP title, attesting to his exceptional capabilities.
However, despite his remarkable achievements, Ohtani’s tenure with the Angels was marked by the team’s struggles in the standings. Despite his individual brilliance, the Angels failed to reach the playoffs or secure winning seasons during his time there.
Ohtani’s journey to this colossal deal involved earnings of $42,269,259 during his six seasons with the Angels, coupled with a signing bonus and escalating salaries across the years.
His remarkable accomplishments coupled with this historic agreement herald a new era for baseball and elevate Ohtani’s status as a transformative figure in the sport’s history.

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