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| AP Photo |
NEW YORK (AP) — Shohei Ohtani has set a financial record to go along with his singular on-field performance, getting $700 million to make a 30-mile move up Interstate 5 to the Los Angeles Dodgers.
His agent, Nez Balelo, issued a midafternoon news release Saturday announcing the 10-year contract, ending months of speculation that began even before Ohtani became a free agent on Nov. 2. In recent days, media and fans had tracked private plane movements and alleged sightings like detectives in attempts to discern the intentions of the two-time AL MVP with the Angels.
“This is a unique, historic contract for a unique, historic player," Balelo said. “He is excited to begin this partnership, and he structured his contract to reflect a true commitment from both sides to long-term success.”
Ohtani's total was 64% higher than baseball's previous record, a $426.5 million, 12-year deal for Angels outfielder Mike Trout that began in 2019.
His $70 million average salary is 62% above the previous high of $43,333,333, shared by pitchers Max Scherzer and Justin Verlander with deals they struck with the New York Mets. Ohtani's average salary nearly doubles the roughly $42.3 million he earned with the Angels. It also exceeds the entire payrolls of Baltimore and Oakland this year.
