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Shohei Ohtani, the dynamic Japanese baseball sensation, has become a household name in the MLB, showcasing his prowess as a pitcher, outfielder, and designated hitter for the Los Angeles Angels. With a net worth of $20 million, Ohtani's journey from the Hokkaido Nippon-Ham Fighters in Japan to the Angels in 2018 has been nothing short of remarkable, earning him the prestigious American League Rookie of the Year Award in his debut MLB season.
Between 2018 and 2022, Ohtani accumulated just under $9.7 million in total salary, with a notable $5.5 million in 2022. However, the real twist in his financial narrative came in the lead-up to the 2023 season when he inked a noteworthy 1-year, $30 million contract with the Angels. Unfortunately, Ohtani faced a setback with a torn UCL ligament in August 2023, clouding the prospects of his impending free agency.
What is Shohei Ohtani's contract worth?
Before delving into Ohtani's financial future, let's explore the impact of his recent contract. The question looming large is, what is Shohei Ohtani's contract worth? Despite the setback due to the UCL injury, Ohtani had been anticipated to command a groundbreaking 12-year, $600 million contract, setting a new benchmark in MLB history. For context, the current record is held by Mike Trout's 2019 deal with the Angels, a 12-year, $426 million agreement.
The uncertainty surrounding Ohtani's future stems from the injury's potential ramifications. Will he undergo surgery to repair the UCL, possibly missing an entire season, or opt for a career solely as a batter and fielder? This decision will undoubtedly shape the trajectory of his future earnings and impact negotiations as a free agent.
Ohtani's baseball journey commenced with a display of exceptional talent during his high school years, where he threw a 99 mph fastball at just 18. His skills garnered attention from MLB teams, leading to his eventual selection by the Hokkaido Nippon-Ham Fighters in Japan. Despite average numbers initially, Ohtani's dual role as a pitcher and outfielder showcased his versatility and garnered him a spot in the All-Star Game during his time with the Fighters.
How much he could earn with his next contract?
As Ohtani navigates his injury and impending free agency, all eyes are on his contract for the 2024 season. Speculations abound, with one agent suggesting a potential 12-year, $600 million deal, while sports contract outlet Spotrac projects a value of $36.25 million per year over nine years ($326.3 million total).
Beyond the diamond, Ohtani's off-field endeavors contribute significantly to his financial standing. Forbes estimates his earnings for the year at $65 million, comprising his $30 million contract and an impressive $35 million in off-field endorsement deals. This places Ohtani at the pinnacle of the league's earners, surpassing stalwarts like Max Scherzer and Aaron Judge.
As Shohei Ohtani's narrative unfolds, fans eagerly await his return to the game, hopeful that he continues to defy expectations, break records, and etch his name in MLB history.