If baseball had a balance sheet, Shohei Ohtani would be the line item that broke Excel. The Los Angeles Dodgers star isn’t just rewriting record books; he’s reworking tax codes while he’s at it. With an estimated net worth north of $25...
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How Shohei Ohtani Turned a $700M Deal into a Tax Masterpiece
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Subscribe29 OCT 2025 / ACCOUNTING & TAXES
Los Angeles Dodgers star, Shohei Ohtani, has made a strategic 10-year $700 million deal that stands to save him $90 million in California state income taxes by deferring $680 million of his pay to 2034-2043, of which none will be subject to the high California tax rates if he retires to a no-tax state such as Nevada, Texas or Florida. The deferred income not only benefits Ohtani, but also the Dodgers who have saved on luxury tax obligations and freed up salary space to build a strong team, subsequently generating $750 million in revenue for 2024 which covers Ohtani's entire contract.
If baseball had a balance sheet, Shohei Ohtani would be the line item that broke Excel. The Los Angeles Dodgers star isn’t just rewriting record books; he’s reworking tax codes while he’s at it. With an estimated net worth north of $25...
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