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Started By
Message
re: 680 million of Ohtani’s 700 mill contract is deferred until it’s over.
Posted on 12/11/23 at 5:14 pm to Fun Bunch
Posted on 12/11/23 at 5:14 pm to Fun Bunch
quote:
If I'm reading this correctly: Shohei Ohtani signed a 10-year, $20M contract and he will then make $68M every year from 2034-2043?
From a personal income perspective, I believe that is correct. From a luxury tax perspective for the Dodgers its more complicated. It looks like it will "cost" the Dodgers $400-$500M over the next ten years, significantly lowering the Average Annual Value which affects luxury tax value.
The fact I know what AAV means makes me kinda sad.
Forbes article on contract details
3
Posted on 12/11/23 at 5:16 pm to Basura Blanco
for tax purposes is a 10 year 460mm deal
Posted on 12/11/23 at 5:18 pm to Basura Blanco
quote:
The fact I know what AAV means makes me kinda sad.
Why? That's a common contract term.
Posted on 12/11/23 at 5:29 pm to Basura Blanco
quote:
The fact I know what AAV means makes me kinda sad.
Add arse Value, as in think of how much arse you're going to get now that you have this much money
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