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Posted on 12/11/23 at 6:38 pm to hiltacular
quote:
10% gains ultra ultra conservative
I am in this line of work, and in no way shape or form is 10% conservative. Hell, most carry preferred returns are 7-8%.
Posted on 12/11/23 at 6:41 pm to H-Town Tiger
if theres one thing history has taught us, a rich old white guy with a last name of walter probably knows what he is doing when it comes to managing money
Posted on 12/11/23 at 6:42 pm to Jcorye1
In 2038-2039 the Dodgers will pay Mookie and Ohtani 78 million then from 2040-2044 they will pay them 79m
This post was edited on 12/11/23 at 6:49 pm
Posted on 12/11/23 at 6:43 pm to Fun Bunch
Collective Bargaining Agreement may have to say something on this at the next meeting
Posted on 12/11/23 at 6:46 pm to Juan Betanzos
shohei 
quote:
Russell Dorsey
@Russ_Dorsey1
Sources: After landing Shohei Ohtani, the Dodgers are aggressively pursuing free-agent RHP Yoshinobu Yamamoto. The flexibility Ohtani’s contract provides allows Los Angeles to make room for additional marquee FAs.
Yamamoto and the Dodgers are expected to meet later this week.
Posted on 12/11/23 at 6:56 pm to WicKed WayZ
quote:
Yeah there’s no way the MLB lets this slide
They absolutely will
Posted on 12/11/23 at 6:57 pm to WestCoastAg
John Henry will use this as an excuse to not pay anyone.
Posted on 12/11/23 at 6:59 pm to Fun Bunch
Baseball is done
Posted on 12/11/23 at 7:00 pm to Fun Bunch
Curious how his agent gets paid on this.
I also assume shohei was willing to do this so the dodgers could build a winning team around him.
I also assume shohei was willing to do this so the dodgers could build a winning team around him.
Posted on 12/11/23 at 7:01 pm to bbeck
Posted on 12/11/23 at 7:25 pm to Fun Bunch
I'm not sure he comes out ahead when considering the depreciated value of future dollars. But California lawmakers have only themselves to blame. They created significant incentives for tax avoidance.
Posted on 12/11/23 at 7:33 pm to Hot Carl
quote:
That is terrible for him financially
Sooooo dumb. Who tf is advising Ohtani?
Posted on 12/11/23 at 7:36 pm to RB10
quote:
Leave the bulk of the contract to be paid later, after retirement. Make a “small” amount now, while also raking in millions in endorsement deals during his prime.
Smart
Tell me you don't know anything about finance without telling me you don't know anything about finance.
Deferring payment on a contract for a decade without getting some type of interest is the definition of stupid.
Posted on 12/11/23 at 7:37 pm to Fun Bunch
I’m sure it’s already covered, but what happens if he passes away? Does his family still get the money?
I mean I know he’s already rich rich, but this seems risky.
I mean I know he’s already rich rich, but this seems risky.
Posted on 12/11/23 at 7:37 pm to onmymedicalgrind
quote:
Sooooo dumb. Who tf is advising Ohtani?
With tax deferral, and potentially elevated value due to his willingness to defer, etc.
He wouldn't take the deal, and his people wouldn't let him, if he loses out.
I'm not sure the legality of having a structure deferred comp account accruing interest on his behalf (our state has one, but very limited max contribution). Similar to a 401(k).
Posted on 12/11/23 at 7:38 pm to Faulk2Tyler
quote:
Apparently if he isn't living in California at the end of his deal he won't have to pay taxes on the 68 million
Where are you getting this from?
Posted on 12/11/23 at 7:40 pm to KosmoCramer
quote:
He wouldn't take the deal, and his people wouldn't let him, if he loses out.
I'm not sure the legality of having a structure deferred comp account accruing interest on his behalf (our state has one, but very limited max contribution). Similar to a 401(k).
Maybe there is something in the fine print/loophole that makes this a net positive. But just what's being reported...I don't get it.
Posted on 12/11/23 at 7:41 pm to Falco
That’s just unreal…..
Posted on 12/11/23 at 7:44 pm to Fun Bunch
He should have signed with the Rangers or Astros.
No state income tax for home games.
No state income tax for two of the four divisional road opponents (Mariners and the other Texas team).
A's leaving California for Nevada.
No state income tax for home games.
No state income tax for two of the four divisional road opponents (Mariners and the other Texas team).
A's leaving California for Nevada.
This post was edited on 12/11/23 at 8:17 pm
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