Shohei Ohtani’s 10-year contract with the Los Angeles Dodgers includes a unique clause.
Local media, including The Athletic, revealed the details of Ohtani’s contract on Thursday (July 14).
As previously reported, Ohtani signed a 10-year, $700 million deal, but will receive $680 million of that over the next 10 years. With the discount, the actual value is less than 700 million.
The Major League Baseball players union’s present value calculation is $437.8 million.
The amount used to calculate the wealth tax is reportedly $46 million per year, but it’s likely to be lower. This amount is also likely to vary based on interest rates.
There was reportedly no opt-out clause, but it was later revealed that a “conditional opt-out” was included.
The contract included a clause that said, “If certain changes in the Dodgers’ personnel occur, he may opt out of the contract after the end of the season in which those changes occur.”
It’s still unclear what those “specific changes” are.
The best guess is that it’s meant to cover the case where a team turns to rebuilding during the season and trades away key players.
In other words, the order is to build a contending team while you still have them. It could also be interpreted as a statement that he would not play for a rebuilding team. 월카지노
In addition to this, Ohtani will have a veto on trades to his former team, and will be provided with an interpreter and a suite at the stadium.
He will also donate no more than 1% of his salary to the team’s charitable foundation.