[QUOTE=JRX;19193362]I'm curious how it works when he's here. He's a Japanese ex pat so does he pay US taxes or Japan taxes or both / max of the two?[/QUOTE]

He pays US taxes and they'll be taken from his payroll checks every time. (State & Federal). What he pays in Japan, IDK.

I know it's the Dodgers and I know it's Major League Baseball, but Ohtani is taking quite the risk assuming both will be around 10 years from now. Should the game or the team become insolvent before then, he'll get nothing (or a lot less than he bargained for). I'm not entirely sure what he believes this will accomplish / the highest payroll teams have been losers lately, Dodgers included.

The Dodgers will not be insolvent in 10 years

[QUOTE=theshowandme;19193400]The Dodgers will not be insolvent in 10 years[/QUOTE]

Almost assuredly not, but it's a silly risk to take with 95% of your bag, earning zero interest.

This makes all the guys who’ve said winning is most important seem kinda hollow now by comparison. Imagine a Boras client suggesting something like this??

A lot of people think they’re smarter than Shohei Ohtani and his money people

I love American citizens

A bunch of people who view cardboard as investments: Ohtani is bad with money

[QUOTE=LVDan;19193406]This makes all the guys who’ve said winning is most important seem kinda hollow now by comparison. Imagine a Boras client suggesting something like this??[/QUOTE]

Shohei literally putting his money where is mouth is.
You could say he's ALL IN

[QUOTE=redauto5;19193377]The easy way out to win the title? Geez man, I think maybe you aren't giving the man enough credit. He wants to win and is willing to go to extreme measures, take great personal sacrifice to make it happen. I'm sure haters will have lots to say if and when the Dodgers start winning WS, but Dodgers fans will know just who was instrumental in getting them over the hump again. Legacy-wise, if things play out correctly this is just one more breath taking move by the most interesting man in sports which makes him so special.

I for one am excited to see this play out.

Sent from my SM-G991U using Tapatalk[/QUOTE]

If he does win the WS with the Dodgers in the next couple of years while they Betts, Freeman etc he'll always get the Kevin Durant comparisons. That's just a fact of life. He'll only get credit if he wins a WS with no other superstars on his team

[QUOTE=jfan2024;19193326]I'm surprised Shohei agreed to this. $70MM in 2043 is worth a heck of a lot less than $70MM now accounting for inflation and interest. At some point I guess he doesn't care.[/QUOTE]
You’re making the mistake of thinking he chose this option over $70M a year for the next 10 years. That option didn’t exist.

[QUOTE=oddstuff;19193347]Looks like it's a ONE time tax of 0.4% in the year he leaves California (minimum income of $30 million+)...so if he relocates to Japan or some other state in the US, say in year 2034 (or whatever year after that), he gets taxed 0.4% of his 68 million contract + whatever other income he had for that year only. I'm sure his tax/account folks have already figured all of this out and done the math and played out all the scenarios.[/QUOTE]
Correct. This deal was about what’s most beneficial for him, not the Dodgers. His team knew how they wanted this deal structured a long time ago.

I felt a great disturbance in the Force... as if millions of voices suddenly cried out in terror and were suddenly [B]SALTY[/B]

[QUOTE=rms13;19193435]If he does win the WS with the Dodgers in the next couple of years while they Betts, Freeman etc he'll always get the Kevin Durant comparisons. That's just a fact of life. He'll only get credit if he wins a WS with no other superstars on his team[/QUOTE]

Why would anyone compare the two sports? Ohtani and Trout played together for years and the Angels were horrible. One player in Baseball does nothing. One superstar in Basketball gets your team to 50 wins generally.

If the Dodgers win a WS with the current version of the team I'd argue we'll all be saying it's because Ohtani got them over the top.

[QUOTE=rms13;19193435]If he does win the WS with the Dodgers in the next couple of years while they Betts, Freeman etc he'll always get the Kevin Durant comparisons. That's just a fact of life. He'll only get credit if he wins a WS with no other superstars on his team[/QUOTE]

I don't think anyone will do this outside of the Angels team reddit.

Plus Lux is coming back! Ohtani to the 24 Series.


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[QUOTE=rms13;19193435]If he does win the WS with the Dodgers in the next couple of years while they Betts, Freeman etc he'll always get the Kevin Durant comparisons. That's just a fact of life. He'll only get credit if he wins a WS with no other superstars on his team[/QUOTE]

nope.

[QUOTE=theredmenace;19193457]I don't think anyone will do this outside of the Angels team reddit.[/QUOTE]I think it's more like everyone that's not a dodgers fan.

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[QUOTE=theshowandme;19193407]A lot of people think they’re smarter than Shohei Ohtani and his money people

I love American citizens[/QUOTE]

Time value of money. A dollar today is worth more than a dollar 10 years from now.

I'm not going to sit here and say that I'm smarter than his money people, but I do know that what they did is essentially give the Dodgers 10 10-year, single-pay notes of $68 million each, each with a 0.0% interest rate.

In the bank world, if I tried presenting a loan like that, I would be laughed out of the board room.

[QUOTE=whitmm;19193473]Time value of money. A dollar today is worth more than a dollar 10 years from now.

I'm not going to sit here and say that I'm smarter than his money people, but I do know that what they did is essentially give the Dodgers 10 10-year, single-pay notes of $68 million each, each with a 0.0% interest rate.

In the bank world, if I tried presenting a loan like that, I would be laughed out of the board room.[/QUOTE]

would you be laughed out if you were a global superstar baseball player?

[QUOTE=JustinVerlander07;19193454]Why would anyone compare the two sports? Ohtani and Trout played together for years and the Angels were horrible. One player in Baseball does nothing. One superstar in Basketball gets your team to 50 wins generally.

If the Dodgers win a WS with the current version of the team I'd argue we'll all be saying it's because Ohtani got them over the top.[/QUOTE]

The Yankees have tried buying championships for years. The Mets had a payroll over $300 million last year and missed the playoffs.

[QUOTE=JRX;19193466]I think it's more like everyone that's not a dodgers fan.

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Only if you use "fan" in the strictest sense, i.e. a moron.

[QUOTE=Rage;19193448]I felt a great disturbance in the Force... as if millions of voices suddenly cried out in terror and were suddenly [B]SALTY[/B][/QUOTE]

:cry:

[QUOTE=theredmenace;19193482]Only if you use "fan" in the strictest sense, i.e. a moron.[/QUOTE]Yeah cause the rest of baseball really wants to see the dodgers create a super team on discount.

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[QUOTE=rms13;19193435]If he does win the WS with the Dodgers in the next couple of years while they Betts, Freeman etc he'll always get the Kevin Durant comparisons. That's just a fact of life. He'll only get credit if he wins a WS with no other superstars on his team[/QUOTE]

I think it’s just you, and people who wish you knock the Dodgers/Ohtani, who will say that. No one compares World Series wins and NBA championships.

[QUOTE=ThoseBackPages;19193476]would you be laughed out if you were a global superstar baseball player?[/QUOTE]

Absolutely.

That's the thing, when you look at this from just the contract, not anything else, not the endorsement deals, nothing else, it's a bit of a head scratcher.

Him taking a 10 year, $460 million dollar contract with no deferred money would put the Dodgers in the same position and it puts more money in his pockets. And since he's making $40m+ in endorsements, he has no reason to even touch this. A 5% annual rate of return turns $46m into $74m in 10 years

Kevin Durant? You mean the most unlikable superstar in hobby history?

I've debated moving to Japan. I think I'd like it there more TBH lol

People there seem awesome