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Shohei Ohtani agrees to a 10-year, $700 million deal with the Dodgers

Shohei Ohtani agrees to a 10-year, $700 million deal with the Dodgers

Shohei Ohtani agrees to a 10-year, $700 million deal with the Dodgers

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50 minutes ago

NEW YORK – Shohei Ohtani has agreed to sign with the Los Angeles Dodgers for $700 million and 10 years.

The deal was announced after days of speculation that the star slugger and pitcher would continue his career after six years with the Los Angeles Angels.

“This is a historic contract like no other for a player,” Ohtani’s agent, Nez Balillo, of CAA Sports, said in a statement. “He is excited to begin his collaboration and has structured his contract to reflect the true commitment of both parties to long-term success.”

The agreement is 64% more expensive than the previous record $426.5 million that outfielder Mike Trout signed with the Angels starting in 2019.

His annual average of 70 million is 62% more than the previous record of 43,333,333 shared by pitchers Max Scherzer and Justin Verlander who signed with the New York Mets. His new salary is almost double what he was making with the Angels.

Ohtani has redefined modern baseball since selecting the Angels as his first major league team. No one in the modern era has come close to his accomplishments at the plate and the mound to becoming one of the best players as a hitter and pitcher when healthy. Along the way, he became one of the most marketable athletes in the world, improving ticket sales, television ratings and sponsorship profits.

Before his 30th birthday on July 5, he had a .274 average, with 171 home runs, 437 RBIs and 86 stolen bases, as well as a 39-19 record and a 3.01 ERA, with 608 strikeouts in 481 2/3 innings.