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Shohei Ohtani has agreed to a 10-year, US$700 million deal with the Dodgers


Shohei Ohtani has agreed to a 10-year, US$700 million deal with the Dodgers

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December 9, 2023

Ronald Blum/Associated Press

NEW YORK – Shohei Ohtani has agreed to sign with the Los Angeles Dodgers for $700 million and 10 years.

The deal was announced after days of speculation that the star hitter and pitcher would continue his career after six years with the Los Angeles Angels.

“This is a historic and unprecedented contract for a player,” Ohtani’s agent Nez Balelo of CAA Sports said in a statement. “He is excited to begin his collaboration and has structured his contract to reflect the true commitment of both parties to long-term success.”

The deal is 64% more expensive than the previous record of $426.5 million that outfielder Mike Trout signed with the Angels and started in 2019.

His annual average of 70 million is 62% more than the previous record of 43,333,333 shared by pitchers Max Scherzer and Justin Verlander who signed with the New York Mets. His new salary is almost double what he earned with the Angels.

Ohtani has changed modern baseball since choosing the Angels as his first major league team. No one has come close to his accomplishments in the modern era at the plate and mound to be one of the best players as a hitter and pitcher when healthy. Along the way he became one of the most marketable athletes in the world, boosting ticket sales, television ratings and sponsorship revenues.

He was voted the American League’s unanimous MVP in 2021 and 2023 — he was second in 2022 — winning this year despite injuring his elbow in late August and his oblique muscle in September.

Before his 30th birthday on July 5, he had a .274 average, with 171 home runs, 437 RBI and 86 stolen bases, as well as going 39-19 and a 3.01 ERA, with 608 strikeouts in 481 2/3 innings.

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