Shohei Ohtani Signs Record Contract (10/700) With Dodgers

[Michael]

 

 

[TaiwanMarlins]

Honestly, WHO CARES 

[UpperDeckFishTank]

Almost cost as much as the Marlins stadium. If taxpayer money was going to pay for the stadium I would have rather signed Ohtani with the tax money and play in the old stadium tbh.

[UpperDeckFishTank]

29 minutes ago, TaiwanMarlins said:

Honestly, WHO CARES 

At least now Dodgers fans will stop talking about Betts being the MVP

[hovertical]

Fire Bendix now

[Valid]

At some point in that contract (and possibly very early), he is probably just going to become a DH.

[Michael]

3 minutes ago, Valid said:

At some point in that contract (and possibly very early), he is probably just going to become a DH.

It's possible, and also possible he goes from a starter to potentially very good reliever down the line if needed. Don't think he'll go full-full DH until the end of the deal. And that's just a maybe.

[SilverBullet]

2 hours ago, UpperDeckFishTank said:

Almost cost as much as the Marlins stadium. If taxpayer money was going to pay for the stadium I would have rather signed Ohtani with the tax money and play in the old stadium tbh.

Not how that works genius 

[SilverBullet]

This contract is scary. Yes he's Shohei Ohtani but he's also a human being believe it or not. There's no guarantee this is a successful contract. 

[Michael]

7 minutes ago, SilverBullet said:

This contract is scary. Yes he's Shohei Ohtani but he's also a human being believe it or not. There's no guarantee this is a successful contract. 

With that much money, it's going to be incredibly difficult to make it successful. I'd almost say it requires two championships early and at least three throughout the length of the deal to be a success, and of course he would have to be involved in all of them and not just be there.

Saw someone say he needs nearly 80 WAR over the length of the deal for it to be a "good" deal which ... I mean he could do it but to average 8 WAR for 10 years will be something.

[Das Texan]

2 hours ago, SilverBullet said:

This contract is scary. Yes he's Shohei Ohtani but he's also a human being believe it or not. There's no guarantee this is a successful contract. 

Define success.

This contract is as much becuase of the reach that the Dodgers will have in Japan (even more than now) more than almost anything else.

I think people fail to take into account the Asian market in this.  THAT is the biggest reason why Toronto was so in on Othani, the cheap overlords that are Rogers Communications saw numerous Brinks trucks backing up into their coffers if they added Ohtani into the mix.

Of hte 70 mil AAV, at least HALF is simply the reach into those markets. 

[hovertical]

4 hours ago, UpperDeckFishTank said:

Almost cost as much as the Marlins stadium. If taxpayer money was going to pay for the stadium I would have rather signed Ohtani with the tax money and play in the old stadium tbh.

I guess your take on he'd sign for about 30mil per because he can't pitch next season was a bit off

[SilverBullet]

So now I'm seeing a lot of posts about how much revenue Ohtani already brings/has already brought even before this deal and yea forget what I said about this not working. This could be a steal for the Dodgers. It's wild that this is almost one of those "it pays for itself" type of agreements.

And it has zero to do with how good he is on the field (as long as he doesn't become a total dud or is never on the field). Basically he has generated at least $20-30 million a year in revenue, and that should now go up with the Dodgers, one thing said it could hit $70 million a year and that was said before this signing. 

If all of that is true then essentially every team should have been in on this guy even at that price level because it's like an investment that you just know is going to increase in value almost immediately. 

[Das Texan]

38 minutes ago, SilverBullet said:

So now I'm seeing a lot of posts about how much revenue Ohtani already brings/has already brought even before this deal and yea forget what I said about this not working. This could be a steal for the Dodgers. It's wild that this is almost one of those "it pays for itself" type of agreements.

And it has zero to do with how good he is on the field (as long as he doesn't become a total dud or is never on the field). Basically he has generated at least $20-30 million a year in revenue, and that should now go up with the Dodgers, one thing said it could hit $70 million a year and that was said before this signing. 

If all of that is true then essentially every team should have been in on this guy even at that price level because it's like an investment that you just know is going to increase in value almost immediately. 

BINGO

[SilverBullet]

1 hour ago, Das Texan said:

BINGO

[rmc523]

To the points above, advertisement/endorsement deals and things bump up what the team gets out of it before he's even playing.

 

https://www.mlbtraderumors.com/2023/12/shohei-ohtani-notes-advertising-revenue-40-man-roster-move.html

More to the point, while Ohtani’s contract might be unprecedented, so too is Ohtani an unprecedented player. The value he will bring to his new organization goes beyond his performance on the field, and the Dodgers could be in for a windfall if they know how to market their brand-new international superstar. Sam Blum and Fabian Ardaya of The Athletic quote an anonymous MLB evaluator who claims the deal will “pay for itself within six or seven years… Even just on advertising alone.” That might be an exaggeration, but still, it’s clear how highly Ohtani is valued around the league.

As many sources have pointed out (including Bob Nightengale of USA Today), Ohtani earned approximately $40MM in endorsement deals last offseason. The MLB player with the next highest endorsement-related income was Mike Trout, who took home $5MM. If Ohtani can personally command so much money, the team he plays for should be able to cash in big as well.

According to Mike DiGiovanna of the L.A. Times, the Angels earned somewhere between $10MM and $20MM per year in “Ohtani-related advertising, promotions, [and] marketing revenue.” Nightengale believes that number was even higher, claiming Ohtani “brought in $25 million a year.” Both reporters suggest the Dodgers could double that revenue, thanks to their higher level of popularity, both locally and across the globe. At the high end of that estimation, the Dodgers would earn back more than half of Ohtani’s annual salary, and the team is surely hoping he will continue to bring extra value to the franchise long after his ten-year deal is complete.

[Michael]

lol it's effectively a 10/$20M during the contract.

 

[Michael]

 

 

[SilverBullet]

The Dodgers are fucking idiots... they got the greatest baseball player alive and instead of signing him to play baseball they signed him to a record deal? I didn't even know he could sing!

[SilverBullet]

26 minutes ago, Michael said:

 

 

In 2024 Jorge Lopez and Shohei Ohtani will be paid the same amount of money. 

[SirFishFan]

15 minutes ago, SilverBullet said:

The Dodgers are fucking idiots... they got the greatest baseball player alive and instead of signing him to play baseball they signed him to a record deal? I didn't even know he could sing!

Crazy thing is that even if he couldn’t sing one note in tune. If he released an album in Japan.. would definitely be a top seller over there. What can I say.. Japanese people know how to be fans and do an extremely good job of it. 😂

[Das Texan]

What a fucking insane contract structure.   

Add in that if Ohtani moves to almost anywhere EXCEPT California when thats over, it will be worth even more in dollars then since he wont get taxed at insane California rates.

Genius!  

[Bret Hart]

What a man. What a player. Who could think like this?

[SilverBullet]

3 hours ago, Bret Hart said:

What a man

 

[SirFishFan]

I remember when AROD’s 10 year 252 Million dollar contract was such a mind boggling number back when he signed it. Heck we all remember Stanton’s contract as being incredible at the time. But 10/700 million contract would have really been unbelievable thought 20 years ago.

 

At this rate we might very well see MLB first Billion dollar contract within the next 10-15 years. Now with this $700m contract as precedent. You know Scott Boras or some other agent already had their sights on a 10 year 950m for some player down the line.