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re: 680 million of Ohtani’s 700 mill contract is deferred until it’s over.

Posted on 12/11/23 at 5:16 pm to
Posted by WestCoastAg
Member since Oct 2012
145253 posts
Posted on 12/11/23 at 5:16 pm to
for tax purposes is a 10 year 460mm deal
Posted by Basura Blanco
Member since Dec 2011
8342 posts
Posted on 12/11/23 at 5:21 pm to
quote:

for tax purposes is a 10 year 460mm deal


As in luxury tax purposes right? This thread is all over the board with luxury taxes for the Dodgers vs personal taxes for Ohtani.
Posted by Corinthians420
Iowa
Member since Jun 2022
6774 posts
Posted on 12/11/23 at 6:22 pm to
quote:

for (luxury) tax purposes is a 10 year 460mm deal

this is the only part I care about and I don't understand how MLB can allow it.

They are saying yeah you are paying him $700 million to pay baseball but since you are paying it in 20 years and it'll be worth less, you only pay luxury tax on 460million.

By the dodgers not having to pay that 700 million today, they can invest it as well. if anything charge them the luxury tax value of 70 million + interest
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