"California Controller Urges Congressional Action on Shohei Ohtani's Deferred Dodgers Deal"

Shohei Ohtani's heavily deferred $700 million contract with the Los Angeles Dodgers has raised concerns about potential tax revenue loss for California due to the majority of payouts being deferred until after the contract expires in 2033. California state controller Malia Cohen has called on Congress to address the unlimited deferrals for high-income earners, stating that it exacerbates income inequality and hinders fair tax distribution. It remains to be seen whether congressional intervention will impact Ohtani's future tax status.