Ohtani to the Blue Jays? (Update: Signs w/Dodgers for $700 million over 10 yrs)

[SteveA]

29 minutes ago, Can_of_corn said:

We know Ohtani is not really concerned with money and this basically removes the cap hit from the deal.

So does it EVER hit the luxury cap?   Assuming there is still one in the CBA in the late 2030s, say?

[Can_of_corn]

40 minutes ago, OsFanSinceThe80s said:

$680M deferred WTF? Really odd way to structure the deal.

According to the Athletic it's 46M a year, which is not how I read the tweet.

 

[Hazmat]

29 minutes ago, 86this said:

Kind of makes sense.  Newsome won't have his tax consideration from Ohtani.

His $680 million paid out in the 10 years after his current 10 year contract.

So what's the projected value of his contract then?  He's assuming we won't be Argentina come 2034, much less 2043.  

 

[86this]

4 minutes ago, Hazmat said:

So what's the projected value of his contract then?  He's assuming we won't be Argentina come 2034, much less 2043.  

From what I saw on social media, it looks like the Collective Bargaining Tax implication is in the neighborhood of $40-45 mil per season.

[Orioles0615]

I wonder if mlb does something about this 

[Moose Milligan]

2 minutes ago, Orioles0615 said:

I wonder if mlb does something about this 

Like what? No one broke any rules. 

[dystopia]

3 minutes ago, Moose Milligan said:

Like what? No one broke any rules. 

So he’s wondering if there’s going to be a change to the rules 

[Moose Milligan]

1 minute ago, dystopia said:

So he’s wondering if there’s going to be a change to the rules 

Good luck on that. 

[Just Regular]

So how much do you need to put into a 20-year bond or a CD ladder scheme now if you owe $68mm in 2043?     Shohei can go live in Monaco with the Federer types, and what's a California comptroller to do? 

[Can_of_corn]

5 minutes ago, Moose Milligan said:

Good luck on that. 

Might see something in the next CBA. 

Fights between rich and super rich owners are fun.

[Can_of_corn]

1 minute ago, Just Regular said:

So how much do you need to put into a 20-year bond or a CD ladder scheme now if you owe $68mm in 2043?     Shohei can go live in Monaco with the Federer types, and what's a California comptroller to do? 

Florida has no State income tax.

 

[Sports Guy]

I’ll be surprised if the Dodgers don’t get the Japanese pitcher now.

[Can_of_corn]

7 minutes ago, Sports Guy said:

I’ll be surprised if the Dodgers don’t get the Japanese pitcher now.

But I thought the O's were in on Uwasawa?

[Frobby]

11 minutes ago, Just Regular said:

So how much do you need to put into a 20-year bond or a CD ladder scheme now if you owe $68mm in 2043?    

I believe the CBA specifies a 5% per annum discount rate.  But we don’t know when after the contract expires Ohtani gets paid.  I doubt it’s all at once.  

[Just Regular]

I guess Andrew Friedman here has found a Dodgers-specific way to bring the hedge fund type stuff in a new way to the game.

The Raysian atomization of run prevention gets kind of a bookend.

For Shohei, I guess if you are using your energy to pitch and hit, maybe you don't care about checking your E-Trade year to year in the Roger Dorn style.

For him too, it is kind of a bookend to pair with the choice to get to play with Mike Trout for less money at a younger age.

We've talked about the odd feeling for Maryland taxpayers, this is something for California taxpayers to digest.