Shohei Ohtani, 29, has signed a 10-year, $700 million ($921.3 million) contract with the Los Angeles Dodgers of Major League Baseball.
The $700 million is not split over the 10 years of the contract (2024-2033).
It’s a deferred payment arrangement where he’ll receive $20 million ($26.3 billion) for the first 10 years and the remaining $680 million ($89.5 billion) over 10 years, from 2034 to 2043, like an annuity.
The Dodgers avoided the salary cap balancing act (luxury tax) right away, and Ohtani saved money because he’ll be taxed based on his residency in 10 years.
This is the kind of deal Ohtani wanted.
Ohtani’s 10 years in a Dodger uniform will average $2 million ($2.632 billion).
That seems like pocket change when you consider the $35 million to $50 million ($46 billion to $65.8 billion) in annual sponsorship and advertising revenue he earns in Japan, the U.S., and elsewhere.
In fact, Otani is not the highest paid athlete in the world.
Compared to soccer players like Lionel Messi (Inter Miami), Cristiano Ronaldo (Al Nasr), and LeBron James (Los Angeles Lakers), he earns less.
Messi, who plays for Inter Miami in the Major League Soccer (MLS), is expected to earn up to $150 million ($74.4 billion) over the next two and a half years until 2025.
Including all of his salary, bonuses, and sponsorships, Messi’s total earnings will exceed $1.6 billion ($215.9 billion) in 2025, according to U.S. sports website Sportico.
Messi earned more than $100 million a year in salary and bonuses at FC Barcelona, and his pre-tax salary at Paris Saint-Germain was reportedly as high as $70 million.
Messi’s earnings are likely to increase in the coming years, given that the Saudi Arabian league offered him $400 million per year in salary and bonuses before he moved to the United States.
Messi launched an investment firm called Playtime last October.
Ronaldo, who once rivaled Messi as the world’s best, earned $136 million from May 2022 to April 2023, making him the highest-earning athlete of that period (Forbes estimates). 카지노사이트777
With a whopping 610 million followers on Instagram, Ronaldo is one of the most attractive athletes for advertising.
He earned $90 million in ad revenue alone during the period.
By 2022, Ronaldo will have earned a total of $1.58 billion ($279.3 billion).
James’ income from the National Basketball Association (NBA) is not insignificant.
James earned $47.6 million ($62.7 billion) in salary for the 2023-2024 season, plus another $80 million ($10.53 billion) in endorsements.
That’s $127.6 million ($167.9 billion) in a single season.
That’s 25 percent more than any other N.B.A. player, so the name recognition isn’t insignificant.
Including this season, James has earned more than $1.4 billion ($184.21 billion).
Steph Curry (Golden State Warriors) will earn $119.9 million this season, combining a salary of $51.9 million with $50 million in non-salary income.
Professional golfers in the U.S. also make a lot of money.
The launch of LIV Golf, backed by Saudi Arabia’s sovereign wealth fund’s ‘oil money’, has boosted their earnings significantly, with Dustin Jones (USA) earning $111 million (14.61 billion won) in the year from May 2022 to April 2023, according to Forbes.
He set aside $125 million for playing on tour.
Phil Mickelson (USA) earned $107 million (140.8 billion won) in the same period.
That’s not including the $200 million he received for playing on tour.
Mickelson is projected to earn a total of $1.36 billion ($178.95 billion) by 2022.
