10 years. $700 million.
Those are the eye-popping numbers on the unprecedented contract Shohei Ohtani will be signing with the Dodgers. The 2023 unanimous AL MVP made the announcement himself on Saturday afternoon.
The $700,000,000 is obviously the largest player contract in sports history – and will likely hold the top spot for a while. The inner workings of the deal involve deferred payments, so Ohtani's annual salary (reflected in LA's annual payrolls) will be in the $50 million range.
Ohtani, who turns 30 next July, had elbow surgery in mid-September and will not pitch in 2024. Which will hurt his chances to be crowned the unanimous NL MVP next fall.
The 2023 Dodgers became the first team to win 100+ games in four consecutive full seasons (106, 106, 111, 100). And now they've added the most complete player in baseball history.
In other news, the Red Sox made a rare deal of substance with the Yankees, sending Alex Verdugo, who completely wore out his welcome with manager Alex Cora, to the Bronx for a trio of right-handed pitchers (Richard Fitts, Greg Weissert, and Nicholas Judice). Fitts was named the Eastern League Pitcher of the Year for 2023.
The MFY also traded for Juan Soto, who is set to become a free agent after next season. With any luck, this will simply be a one-year rental. But it sucks, no matter how you slice it. Maybe Verdugo can do us a favour and sabotage some shit over there.
Hey, Yoshinobu Yamamoto . . . umm, you wanna come to Boston and finish in last place?