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#1
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Guys I don't think you can look at the contract as Ohtani has to be good enough on the field to be worth 70 million dollars. I don't think anyone can be good enough on the field to earn 70 million through performance only. He'd have to hit 50 homers, win 20 games and be a top 2 MVP finalist every season for the next 10 years for his performance to be worth the money.
This is a business decision. Ohtani is the most popular baseball player in America and Japan. He dominates the entire world-wide market for the sport. I would guess he will generate in excess of 70 million for the Dodgers next year and pay for himself. |
#2
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This is exactly the point, he is essentially free. It had to be a California team for proximity to Japanese fans and the new product and distribution sales will more than make up for it. The only issue here is structuring salary and keeping luxury taxes under control. That's why my main interest in this is the dynamics of pay structure in the contact out of curiosity.
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- Justin D. Player collecting - Lance Parrish, Jim Davenport, John Norlander. Successful B/S/T with - Highstep74, Northviewcats, pencil1974, T2069bk, tjenkins, wilkiebaby11, baez578, Bocabirdman, maddux31, Leon, Just-Collect, bigfish, quinnsryche...and a whole bunch more, I stopped keeping track, lol. |
#3
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Some historical perspective from Joe Posnanski's blog:
"On March 8, 1930, Babe Ruth signed a two-year, $160,000 contract with the New York Yankees. This is probably the first famous sports contract in American history, but what is not as well remembered is that Ruth actually settled for that contract. He had stubbornly held out for months and had already turned down this exact contract. He wanted a three-year deal at $85,000 a year. But as spring training began, Ruth began to waver. Sportswriters were in his ear telling him that owner Jacob Ruppert — famously known as “the Colonel” — would never give in to his demands and that $80,000 was a whole lot of money. And on March 8, Ruth showed up at the Yankees’ spring training facility in St. Petersburg, Fla. — in cream-colored golf knickers, gray stockings, black-and-white-striped shoes and a dark jacket, according to the New York Daily News — and humbly tapped Ruppert on the shoulder and said: “My dear Colonel, could I see you for about 10 minutes?” Five minutes later, they emerged from the meeting and Ruppert grandiosely pronounced: “Gentlemen, all I have to say is that Mr. Ruth has agreed to that two-year contract.” At which point, Ruth reportedly said: “Hell’s bells? What time is it? Quarter after one? Hey, I gotta beat it to the ballpark!” It was the biggest sports contract ever signed to that point — about $1.35 million in today’s dollars about $10,000 more per year than Ruth had been making. The big-city and small-town newspapers across the country — to offer some perspective about how much money that was — pointed out that Ruth would be drawing $5,000 more per year than President Herbert Hoover himself. As the years went on, the contrast between Ruth’s salary and Hoover’s led to one of baseball’s all-time stories, one you’ve probably heard. Supposedly, Ruth was confronted with the fact that he would be getting paid more than President Hoover. He huffed and responded, “Hell, why not? I had a better year than he did.” Not to be a party pooper, but that probably never happened. For one thing, I cannot find an instance of Ruth saying it; the story didn’t emerge until the late 1940s, when Ruth was dying. In fact, the story only emerged because New York sportswriter Tom Meany kept telling it in his banquet speeches. In Meany’s version of the story, it was actually Ruppert himself who had told Ruth that he couldn’t pay him that much money because it was more than the President of the United States, to which Ruth replied, in some form, “So what? I had a better year.” But we can be almost entirely certain that didn’t happen; Ruth was not that sort of conversationalist and, as we know, Ruppert readily offered him $80,000 per year and Ruth turned it down. My guess is that Meany came up with the funny line himself during some bull session with other sportswriters and then attributed it to Ruth because it sounded better that way. Anyway, to the point: In 1930, Babe Ruth made $5,000 more per year than the President of the United States. In 2024, Shohei Ohtani will make — I kid you not — 175 times more than the President of the United States. |
#4
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If he never pitches again ,
at $700 million for 10 years , he will be making more than $100,000 per at bat ( unless he has more than 700 at bats a year) Last edited by Beercan collector; 12-11-2023 at 01:19 PM. |
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