Shohei Ohtani, a two-sport superstar who has promised to “bring World Series parades to the streets of Los Angeles,” has been officially signed to a seven-figure, ten-year contract by the Los Angeles Dodgers.
After confirming the signing of the two-way Japanese sensation to a mega-money 10-year deal, the Los Angeles Dodgers have officially added Shohei Ohtani to their roster.
Just last week, rumors began circulating that Shohei Ohtani would be leaving the Angels for the Dodgers. Now, the club has officially announced the deal, in which Ohtani will receive $700 million from the Dodgers over the next decade in return for his services.
It was revealed earlier on Monday that Ohtani’s salary will be $2 million per year for the first ten seasons of his contract, with the remaining $680 million of his $700 million deal due to him in the years after he turns 39.”Dodger fans, thank you for welcoming me to your team,” Ohtani wrote in a statement on his transfer.
“I can assure you with absolute certainty that the Dodger organization, myself, and you all have a common objective: to make Los Angeles the site of World Series parades.”‘One of the most exciting professional athletes in the world, and a once-in-a-generation talent,’ said Dodgers chairman Mark Walter of the superstar.
This is the home of three of baseball’s most iconic and groundbreaking figures—Jackie Robinson, Sandy Koufax, and Hideo Nomo—and we, the fans of the Los Angeles Dodgers, are thrilled to have Shohei Ohtani join us.
‘We are thrilled for him as he inks a historic deal with our legendary franchise.’Several stories have revealed the parameters of the contract, which will see Ohtani earn more money than any player in Major League Baseball ever, but that was the sole mention of them.Despite his $2 million pay for each of the ten seasons he is under contract with the Dodgers, he will only be the seventeenth highest-paid player on the team in 2024, according to ESPN’s Jeff Passan.
The Japanese superstar’s salary skyrockets after that, reaching its peak in his forties.