***2024 MLB Regular Season Thread***

Originally posted by TonyStarks:
One thing is for sure: baseball just put their d*ck on the table.

This is a statement.

More than Mahomes ' $450 million.

Maybe more athletes will tryout for baseball now instead of just football.

Originally posted by GoreGoreGore:

Originally posted by TonyStarks:
One thing is for sure: baseball just put their d*ck on the table.

This is a statement.

More than Mahomes ' $450 million.

Maybe more athletes will tryout for baseball now instead of just football.

Baseball top contacts have always been the highest, at least the past 20-25 years

Originally posted by JustinMT:

Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN.

The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.

— Jeff Passan (@JeffPassan) December 11, 2023

The structure of the deal, first reported by @FabianArdaya, is unprecedented. Multiple people involved have said Ohtani proposed the structure and that toward the end of negotiations he said he wanted to defer his salary. His off-the-field earnings are significant enough for it.

— Jeff Passan (@JeffPassan) December 11, 2023

Originally posted by Phoenix49ers:

Originally posted by JustinMT:

Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN.

The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.

— Jeff Passan (@JeffPassan) December 11, 2023

The structure of the deal, first reported by @FabianArdaya, is unprecedented. Multiple people involved have said Ohtani proposed the structure and that toward the end of negotiations he said he wanted to defer his salary. His off-the-field earnings are significant enough for it.

— Jeff Passan (@JeffPassan) December 11, 2023

Brilliant. He'll collect that money on the backend when he's done playing and won't be subject to California taxes. Meanwhile the Dodgers save tens of millions on their payroll each year.

Originally posted by 49erFaithful6:

Originally posted by Phoenix49ers:

Originally posted by JustinMT:

Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN.

The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.

— Jeff Passan (@JeffPassan) December 11, 2023

The structure of the deal, first reported by @FabianArdaya, is unprecedented. Multiple people involved have said Ohtani proposed the structure and that toward the end of negotiations he said he wanted to defer his salary. His off-the-field earnings are significant enough for it.

— Jeff Passan (@JeffPassan) December 11, 2023

Brilliant. He'll collect that money on the backend when he's done playing and won't be subject to California taxes. Meanwhile the Dodgers save tens of millions on their payroll each year.

I wonder if CA would have a challenge, as he's earning from a CA organization, for work performed in CA
they have years of time to pass the necessary legislation lol..

Originally posted by NineFourNiner:
Hmm.. deferred income may still be income. Wonder if the deal provides that the dodgers will cover the tax burden pending distribution? I'm no tax expert.

Smart by them in that they can put some of the extra profits coming from Otani (ticket sales and merch) into an annuity to earn interest. IIRC, that's what the USFL did for Steve.

Originally posted by SanDiego49er:
It was still earned in playing years in CA and will likely be taxed in CA. $700 million is too much for a baseball player. What a joke. If they want to be that dumb OK. But it's dumb.

Originally posted by Phoenix49ers:

Originally posted by JustinMT:

Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN.

The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.

— Jeff Passan (@JeffPassan) December 11, 2023

The structure of the deal, first reported by @FabianArdaya, is unprecedented. Multiple people involved have said Ohtani proposed the structure and that toward the end of negotiations he said he wanted to defer his salary. His off-the-field earnings are significant enough for it.

— Jeff Passan (@JeffPassan) December 11, 2023

Brilliant. He'll collect that money on the backend when he's done playing and won't be subject to California taxes. Meanwhile the Dodgers save tens of millions on their payroll each year.

Originally posted by Phoenix49ers:
The assumption is that there's some sort of loophole that his advisors feel can be exploited, both with the MLB pay structure and when it comes to reducing or avoiding state taxes.

If it helps push the way towards an actual salary cap, I'm down.

Originally posted by SanDiego49er:

Originally posted by Phoenix49ers:
The assumption is that there's some sort of loophole that his advisors feel can be exploited, both with the MLB pay structure and when it comes to reducing or avoiding state taxes.

If it helps push the way towards an actual salary cap, I'm down.

It sounds like they need one really bad.