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Message
re: 680 million of Ohtani’s 700 mill contract is deferred until it’s over.
Posted on 12/11/23 at 11:30 pm to elposter
Posted on 12/11/23 at 11:30 pm to elposter
quote:
Wtf? Did you pass Econ 101?
I understand economics just fine. What I also understand is that he’s deferring the money because he wants to win a few rings. Meanwhile, he will make between $50 million and $75 million PER YEAR on endorsements alone for the next 7 to 10 years, and that’s lowballing. Then, when the endorsement money starts to dwindle, he’s going to get the money from his contract and continue to cash checks after he retires.
Again, pretty smart move.
This post was edited on 12/11/23 at 11:37 pm
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