Ohtani's Agent Justifies Dodgers Deal with Salary Deferrals

Shohei Ohtani's Deal Sparks Discussion on Player Commitment

by Nouman Rasool
Ohtani's Agent Justifies Dodgers Deal with Salary Deferrals
© Sean M. Haffey/Getty Images

Shohei Ohtani's groundbreaking $700 million deal with the Los Angeles Dodgers has created a buzz in the sports world and beyond. This contract is extraordinary, not just for its staggering sum but for its strategic structuring: Ohtani has agreed to defer $680 million of his salary until 2034.

This move is more than just a financial play; it enables the Dodgers to assemble a formidable team capable of chasing World Series glory, while Ohtani strategically avoids California's hefty taxes should he leave the U.S.

when these payments commence.

Agent Lauds Ohtani's Selflessness

Nez Balelo, Ohtani's agent, offered a unique perspective on this arrangement during a press conference at the Newport Beach Marriott. "There's no need for Shohei to defend his decision,” Balelo explained.

“This is an unparalleled act of selflessness and dedication to victory. Shohei's disregard for present value inflation reflects his commitment to the team's success over personal gain." Balelo emphasized Ohtani's altruism, noting his client's focus on team competitiveness over immediate financial reward.

"Shohei's decision should be celebrated. He avoided burdening the Dodgers with a hefty salary, asking instead, 'How can I contribute to a competitive team?' His choice to defer his salary was incredibly selfless”. Despite earning a modest $2 million, Ohtani is expected to remain baseball's highest-paid player for the next five years, buoyed by an estimated $50 million in endorsements in 2024 alone.

Balelo added, “His unique position allows him to earn significantly off the field”. Ohtani recently spoke to a packed room of reporters in his first media appearance as a Dodger. "I was surprised by the turnout; I expected only media,” he commented through his interpreter.

Ohtani shared that the Dodgers' winning ethos played a crucial role in his decision. “The Dodgers' vision and history of success align with my values. Winning is my priority, and that won't change." As Ohtani embarks on this new chapter with the Dodgers, the contract's long-term implications loom.

The deal's success hinges on the Dodgers' performance and their ability to capitalize on Ohtani's contributions, especially since he will not be pitching in 2024. The baseball world watches eagerly to see if Ohtani can lead the team to the coveted World Series triumph.

Dodgers Shohei Ohtani