I wish the contract would have been reported as $460m over 10 years.
He's taking $2m a year and deferring $44m by 10 years, each year. With interest, that $44m will be paid at $68m when the time comes.
It's the same thing. But people heard $700m first and can't shake it.
Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN.
The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.