Why Shohei Ohtani’s Contract Structure Is Not A Luxury Tax Dodge

Dec 12, 2023  · Earlier today, we learned that Shohei Ohtani’s $700MM contract with the Dodgers has a stunning deferral structure: he’ll earn a mere $2MM in each of the ten seasons he’s …


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Why Shohei Ohtani’s Contract Structure Is Not A Luxury Tax Dodge

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Dec 12, 2023  · Earlier today, we learned that Shohei Ohtani’s $700MM contract with the Dodgers has a stunning deferral structure: he’ll earn a mere $2MM in each of the ten seasons he’s …

lasports.today

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Shohei Ohtani's $700M Contract Exposed A State Tax Secret

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Jan 17, 2024  · In December, the world learned that baseball superstar Shohei Ohtani signed a 10-year, $700 million contract with the Los Angeles Dodgers. But most of this is deferred. Ohtani …

abovethelaw.com

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Why Shohei Ohtani’s Contract Structure Is Not A Luxury Tax Dodge

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Earlier right now, we discovered that Shohei Ohtani’s $700MM contract with the Dodgers has a shocking deferral construction: he’ll earn a mere $2MM in every of the ten seasons he’s …

sportsworldinfo.com

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On Deferred Money And The MLB Luxury Tax - Lone Star Ball

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Dec 11, 2023  · The record contract between Shohei Ohtani and the Los Angeles Dodgers — reportedly 10 years, $700 million — has been widely reported to have extensive and …

lonestarball.com

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Inside Shohei Ohtani's Usual Contract - Poole.ncsu.edu

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Sep 23, 2024  · With Ohtani’s mostly deferred contract, California will likely only be able to tax $20M of his $700M contract in the first 10 years because he only actually receives that much. …

ncsu.edu

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Ohtani's Dodgers Contract Has $680 Million Deferred, Lowering Tax …

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Dec 12, 2023  · Shohei Ohtani will receive just $20 million of his $700 million contract with the Los Angeles Dodgers over the next 10 years, with $680 million payable from 2034-43 in an …

yahoo.com

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Why Shohei Ohtani's Contract Structure Is Not A Luxury Tax Dodge

3 weeks from now

Dec 12, 2023  · Earlier today, we learned that Shohei Ohtani’s $700MM contract with the Dodgers has a stunning deferral structure: he’ll earn a mere $2MM in each of the ten seasons he’s...

draftbuddy.com

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Shohei Ohtani Contract, Explained: Breaking Down Salary, Length, …

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Oct 5, 2024  · If Ohtani was taxed at California's current top tax rate at the full value of his contract, he would wind up paying California about $93.1 million. With the way his current deal is …

sportingnews.com

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Shohei Ohtani Explains Two Unique Clauses In Unprecedented …

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Dec 14, 2023  · The structure of Ohtani’s contract will see the 29-year-old defer $680 million of the $700 million until after the deal expires, which will be paid out from 2034 to ’43.

si.com

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How Shohei Ohtani’s Contract Could Save Him $100 Million In Taxes …

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Dec 21, 2023  · A person briefed on Ohtani’s contracts who was not authorized to speak publicly said that Ohtani was aware of potential tax savings with the structure, and that he earns an …

nytimes.com

FAQs about Why Shohei Ohtani’s Contract Structure Is Not A Luxury Tax Dodge Coupon?

How much does Shohei Ohtani make a year?

Earlier today, we learned that Shohei Ohtani ’s $700MM contract with the Dodgers has a stunning deferral structure: he’ll earn a mere $2MM in each of the ten seasons he’s agreed to play baseball for the club, and then $68MM per year from 2034-43. ...

What is Shohei Ohtani's contract with the Dodgers?

The details of Shohei Ohtani’s $700 million contract with the Dodgers have come out, and they’re absolutely fascinating. As first reported by The Athletic, Ohtani will earn only $2 million in salary over the length of the 10-year deal, deferring a whopping $680 million to be paid later. ...

How much will the Dodgers spend on Mike Ohtani's contract?

For the Dodgers, the deferrals decrease the calculated average annual value of the contact for luxury tax purposes. Instead of being charged $70 million per year against the tax, the present day value of Ohtani’s contract will be $46.06 million annually. The team can use that yearly savings of nearly $24 million to build around Ohtani. ...

Why did Ohtani and the Dodgers agree to a collective bargaining agreement?

Ohtani and the Dodgers were able to agree to the contract’s unique structure because the collective bargaining agreement does not place a limit on how much of a player’s salary can be deferred. Other players have deferred significant amounts of their salary, but nothing like this. ...

Will the Dodgers pay a tax if they get a Ohtani deal?

While the big market Dodgers have never shied away from the tax in the past, paying into the tax during each of the past three seasons, the Ohtani deal would all but guarantee they would continue to do so for the next decade, leaving them vulnerable to escalating penalties. ...

How much money does Shohei Ohtani have in deferred money?

Shohei Ohtani's record-setting contract with the Los Angeles Dodgers reportedly includes $680 million US in deferred money. (Jeff Chiu/The Associated Press) But, hold on, doesn't baseball have rules against the blatant luxury-tax circumvention that seems to be happening here? Well, only sort of. ...

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