Quote:
Originally Posted by Inferno
He's not taking less. He's getting paid less now (2 million/yr), the Dodgers are getting penalized as if they're paying him 46 million but he's getting 680 million after he retires until 2044.
So they are saving money right now even though they're getting penalized 44 million more a year than they're actually paying him. 2034 is when they have to start paying up when he's no longer playing for them but after 10 years they would have made so much money off of him that it would be a worthy investment.
But I highly doubt it will work out with the Blue Jays for Soto so it doesn't matter. Atkins just better have learned his lesson and not be stuck with his thumb up his ass again.
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The Dodgers are getting penalized? I don't follow.
People need to stop talking/thinking about the Ohtani contract in future value terms. It's only the PV that really matters to luxury tax and in "valuing" the contract. I'm quite certain the contract requires that the team set aside the money into a secured investment to protect Ohtani from credit risk.