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Heisman Winner [137708]
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10 year, $700 million dollars
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Dec 9, 2023, 5:07 PM
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Professional sport contracts are getting ridiculous. Who is going to pay for these deals, we are, through ticket prices and TV and satellite service.
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CU Guru [1751]
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It's an insane number for 10 yrs too.
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Dec 9, 2023, 5:16 PM
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Ain't no way Ohtani will be who he is now when he is 39-40 yrs old. Things will change for him by the time he is 36 at the latest. Whether is mounted injuries or just deteriorating body.
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Orange Blooded [3835]
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Re: It's an insane number for 10 yrs too.
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Dec 9, 2023, 5:52 PM
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Maybe, maybe not. Scherzer and Verlander have been both elite pitchers to 39 and beyond. And Shohei famously takes care of his body with a meticulous diet and exercise routine, similar to how Tom Brady was maniacal about what he would eat.
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Orange Blooded [2282]
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Re: 10 year, $700 million dollars
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Dec 9, 2023, 5:24 PM
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Combine that with Jon Rahms 400 to 5 or 600 million deal to leave PGA to play in the Liv tour this past week. Over a billions for 2 athletes. what a time to be alive (sarcasm).
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CU Medallion [67328]
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And he's not even a whole player! A DH and a now TWICE surgeried pitching arm?
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Dec 9, 2023, 5:29 PM
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And they haven't even done the second surgery yet, what if they find something they are not expecting?
My bad, they HAVE done the surgery already. Still doesn't make him worth $70 million a year, even if they made him BIONIC!
Message was edited by: 76er®
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Hall of Famer [23936]
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Puts the six million dollar man to shame
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Dec 9, 2023, 5:44 PM
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Hall of Famer [20311]
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A small number of players make most of the money in MLB
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Dec 9, 2023, 5:36 PM
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The median MLB salary in 2021 was "only" $1.15 million. There are 8 teams whose total payrolls are less than Ohtani's $70 million salary. He also makes another $40 million/year from endorsements.
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Standout [340]
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Hall of Famer [20311]
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Median and average are 2 different things
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Dec 9, 2023, 5:43 PM
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The average MLB salary in 2021 was $4.17 million, but 50% of players made $1.15 million or less.
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Standout [340]
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My bad***
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Dec 9, 2023, 5:46 PM
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All-American [598]
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Re: A small number of players make most of the money in MLB
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Dec 9, 2023, 5:46 PM
[ in reply to A small number of players make most of the money in MLB ] |
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I think most of his salary will be deferred money down the line, so it will make the Dodgers able to afford more players to build around him now, but it also make what the Mets still pay Bobby Bonilla each look like chump change and a whole lot longer too.
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Standout [340]
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This is why you encourage your kids to play baseball***
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Dec 9, 2023, 5:37 PM
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Heisman Winner [137708]
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That amount of money is insane and the odds of my son
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Dec 9, 2023, 6:01 PM
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becoming a professional athlete is miniscule. I encourage him to be smart, hard working and honest.
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Legend [16051]
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Re: 10 year, $700 million dollars
Dec 10, 2023, 2:09 PM
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It is most likely a structured contract. Like Bobby Bonilla’s, Chipper Jones and other who receive payments 30 or 40 years after they played their last game. In this case a $700 million contract may only cost $500 million maybe a little less.
But as long as fans show up or watch it on Dish etc they will keep handing out this big contracts.
My concern at this time is how interest rates for savings accounts are as high as 12%. Food prices are unbelievable. I bought my daughter a 2018 Honda Civic for about $23 K that same car now is listed at close to $50K.
I wonder if we are close to the breaking point. ???
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Hall of Famer [20311]
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Who's paying 12%?
Dec 10, 2023, 2:11 PM
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I'm getting 5% and I thought that was about as good as it gets right now.
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Legend [16051]
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Re: Who's paying 12%?
Dec 10, 2023, 2:16 PM
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Google on the internet
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Legend [16051]
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110%er [7598]
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Yeah - that looks legit ***
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Dec 10, 2023, 2:33 PM
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