NPDS - Dodgers Financial Bullying: How Shohei Ohtani's $700 million deal really works (Episode 950)
Le Batard & Friends Network
Dan Le Batard
4.9 • 8.3K Ratings
🗓️ 12 December 2023
⏱️ 46 minutes
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| 0:00.0 | Here you go. |
| 0:04.0 | go. 12.23. Creditor is what Shohe O'Tani is of the Los Angeles Dodgers. |
| 0:28.9 | I am going about my day, feeling pretty good about it Monday, getting ready for Hanukkah dinner with my two of my three |
| 0:37.1 | children, wrapping presents, I'm terrible at wrapping, just estimating wrong and then the tape and then I have to mix and match, just |
| 0:47.4 | a nightmare and then label it because you forget who's what for what. |
| 0:51.9 | Everything's going great. Something comes across my phone that |
| 0:57.2 | Shohayo Tani's contract has major deferrals it. Well that wasn't big news that was originally part of the |
| 1:06.4 | show hey announcement is that the 700 over 10 created deferrals part of that contract was deferrals. Standard operating |
| 1:15.0 | deferrals, which of course decreases the value of the deal in today's |
| 1:19.2 | dollars, went through that on Saturday's bonus emergency pod, |
| 1:24.1 | went through it again yesterday, |
| 1:26.8 | and in my wildest dreams, I could not have thought |
| 1:32.4 | that the text I got when Koca alerted me what the Otani |
| 1:36.4 | contract was where he will instead of getting 70 million per year for 10 years |
| 1:42.4 | that's 700 million over 10, he will get 2 million per year for 10 years. |
| 1:48.0 | That's 20 million, then 68 million per year for the next 10 years. |
| 1:53.4 | That's the total of $700 million. |
| 1:56.2 | So it's actually $700 million over 20 years |
| 2:00.5 | is the contract. When you calculate present value, which we discussed with you, |
| 2:05.0 | when you apply a discount rate, which is a concept we also discussed with you, |
| 2:10.0 | it ends up being for baseball calculation purposes, |
| 2:15.0 | $460 million over 10 years. |
... |
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