Shohei Ohtani's Groundbreaking Contract Deferral: A Game-Changer in MLB

MLB superstar Shohei Ohtani has signed a record-setting $700 million contract with the Los Angeles Dodgers, deferring over 97% of the amount until after the 10-year term. Ohtani will defer $68 million of his $70 million annual salary, with the remaining $680 million to be paid starting in 2033. The decision to defer most of his salary came from Ohtani himself, who wanted to prioritize winning and being a team player. The Dodgers will benefit from having more money available to surround Ohtani with top players and avoiding his full salary contributing to MLB's luxury tax threshold.