Bill Johanesen
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Plus the Dodgers could make money from Ohtani's contract. This is from the LA Times in 2023; there are other articles that discuss other ways. Like Ohtani, MLB’s only two-way star, his contract is unique as an unprecedented business opportunity for the Dodgers, according to industry and financial experts. He easily could net the club $50 million annually in additional marketing and advertising revenues. He already is making himself a reported $50 million in endorsements, contributing to his apparent indifference to maximizing his Dodgers salary. Most of all, he is giving the Dodgers and their owners the ultimate financial gifts: 1) the ability to save money in the short term by deferring $680 million of his salary until the contract is complete; and 2) the potential to profit off the income that money will generate in the meantime, a dynamic that could transform an already big-spending franchise into MLB’s biggest financial behemoth. “They’re getting a huge financial windfall for this contract [when compared to the $460-million present value disclosed],” said finance expert Morrie Aaron, founder and president of MCA Financial Group. “They’ll make a lot of money — a lot of money — on this thing.” One rival agent offered up a jaw-dropping estimate. “This may be close to an $800 million to $1 billion gain for the Dodgers over a decade,” the agent said, noting that if the team were to simply take the $680 million in deferrals and invest it — say, with an asset management firm like Guggenheim Partners, which is run by Dodgers owner Mark Walter — then the money could more than double in a decade’s time. “They may be able to make $1 billion extra,” the agent reiterated.
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