The enormity of Shohei Ohtani's 10-year, $700 million contract with the Dodgers is something to behold. The deal shattered Mike Trout's previous record by a margin of well over $250 million, and as it turns out, Ohtani's contract isn't as straightforward as it sounds.
$680 million will be deferred to the 10 years following the end of the contract, meaning Ohtani will make just $2 million annually while playing for the Dodgers. The deal will still count $46 million toward the luxury tax for Los Angeles, but the organization gained a great deal of flexibility with such a unique structure.
Make no mistake, though — Ohtani is still guaranteed to get $700 million from the Dodgers. That figure makes for staggering averages not just by year, but by, day, minute and even second. He just isn't set to make that ridiculous amount of money until his 40s.
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Here's a complete breakdown of Ohtani's contract, down to the second.
Shohei Ohtani contract breakdown
While deferred payments won't make a $70 million annual salary a reality for Ohtani, the $700 million over 10 years creates some stunning averages.
Shohei Ohtani contract by year
Ohtani's contract averages $70 million per year, which totally shatters the previous MLB high of $43.3 million by both Max Scherzer and Justin Verlander. Ohtani is actually set to make $2 million per year over the next 10 seasons and $68 million per year from 2034 through 2043, but the deal goes into the books as a $70 million average annual value just as other contracts with deferments have in the past.
Shohei Ohtani contract by week
With 52 weeks in a calendar year, Ohtani's contract averages $1.35 million per week. That makes his deal MLB's first to average more than $1 million per week, as Scherzer and Verlander's salaries come out to $832,692 per week.
For comparison, Dodgers rookie outfielder James Outman made $722,500 in his first major league season last year. Ohtani's average salary comes out to more per week than what most players who just arrived in the majors are making over the course of a full season.
Ironically, Ohtani's actual Dodgers salary for the next 10 years ($2 million per year) isn't too far off from the minimum.
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Shohei Ohtani contract by day
Ohtani's $70 million annual salary averages out to $191,780 per day. $191,780, or anything remotely in that range, would be considered an excellent salary for a full year in most other professions. For Ohtani, that's just another day.
Shohei Ohtani contract by minute
Ohtani's $191,780 daily average salary comes out to about $133.18 per minute. Anyone would feel lucky to receive an extra $133. How about $133 every minute?
Shohei Ohtani contract by second
To that point, even running into $2 might make someone's day a little brighter. What about $2 every second? Ohtani's $700 million contract averages out to about $2.21 per second, which is utterly ridiculous to consider.
For comparison, MLB's previous high of $43.3 million per year comes out to an average of $1.37 per second.
