Baseball

True Dough

(22,160 posts) Fri Dec 8, 2023, 09:33 AM Dec 2023

Shohei Ohtani sweepstakes about to wrap up...

An announcement is expected as early as today on which team will land the unicorn (albeit an injured unicorn) that is Shohei Ohtani. The Dodgers are the betting favorites. Ohtani is likely going to rake in a contract worth somewhere in the neighborhood of $600 million.

Odds as of a couple of days ago:

11 replies

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Highlight:

Shohei Ohtani sweepstakes about to wrap up... (Original Post) True Dough Dec 2023 OP

An albatross contract... MiHale Dec 2023 #1

Could very well be True Dough Dec 2023 #2

They'll Annuitize ProfessorGAC Dec 2023 #11

He'll stay with the Angels Bobstandard Dec 2023 #3

That ship has sailed. He wants to play for a winner... Wounded Bear Dec 2023 #4

Lost my bet Bobstandard Dec 2023 #10

Wow! Looks like Ohtani is a Toronto Blue Jay! True Dough Dec 2023 #5

While that may turn out to be true... WestMichRad Dec 2023 #6

It does appear True Dough Dec 2023 #8

He's going to the GUARDIANS ... Auggie Dec 2023 #7

It appears to be official now True Dough Dec 2023 #9

MiHale

(11,342 posts)

1. An albatross contract...

Reply to True Dough (Original post)

Fri Dec 8, 2023, 09:41 AM

Dec 2023

Everything is peachy till the varnish starts to peel.

True Dough

(22,160 posts)

2. Could very well be

Reply to MiHale (Reply #1)

Fri Dec 8, 2023, 09:50 AM

Dec 2023

But I don't feel so bad when one of the big market teams finds themselves with that sort of sunk cost.

ProfessorGAC

(71,844 posts)

11. They'll Annuitize

Reply to MiHale (Reply #1)

Mon Dec 11, 2023, 10:50 PM

Dec 2023

Much of the money is deferred over a long period. They fund 1/4th now, and spread the other 30% over the next 5 years. (Plus of course, the money owned near term each year).
Structured that way, that albatross weighs a lot less.