700 million dollars’ ransom for Otani… More than 12 years worth of salary for KBO Players

700 million dollars’ ransom for Otani… More than 12 years worth of salary for KBO players

The Los Angeles Dodgers of the U.S. Major League Baseball (MLB) signed a megaton contract, spending a whopping $700 million (approximately 924 billion won) over 10 years on one player.

This is the world’s largest contract of all time. It is the largest contract in the entire sports world.

The Dodgers announced on the 10th (Korean time) that they signed a 10-year, $700 million contract with Shohei Ohtani (29). >

700 million dollars’ ransom for Otani… More than 12 years worth of salary for KBO players
700 million dollars’ ransom for Otani… More than 12 years worth of salary for KBO players

The Dodgers recruited Ohtani and emerged as a strong contender for the championship.

Ohtani is a top-level player in the major leagues in both pitches and has won MVP honors twice. Due to elbow surgery, he will focus on being a designated hitter in the 2024 season, but depending on the results of the surgery, he may be able to bat twice in the 2025 season.

For this reason, the Dodgers are willing to spend an astronomical amount to win Ohtani’s heart. I did.

The size of Ohtani’s contract even exceeded the $674 million that the ‘god of soccer’ Lionel Messi signed with FC Barcelona in 2017.

500 million for a major league club. This is the first contract worth more than a dollar. The focus was on whether Ohtani, who underwent elbow surgery, could open a new era of $500 million, but he defied expectations and immediately opened the era of $700 million.

The previous record in Major League Baseball. The amount recorded by Mike Trout in 2019 was $426.5 million over 12 years.

In the case of Ohtani, ‘deferred payment’ (payment after 10 years of contract period) was agreed upon at the time of signing the contract. It is known that most of his salary is subject to sharing after signing the contract.

Even so, Ohtani’s astronomical contract amount is incomparable. In terms of domestic terms, he greatly exceeds the salary of the entire team announced by the KBO League early this year. Ohtani’s salary is about 12.5 times the combined annual salary of KBO League players. In other words, as of now, this is more than enough to sign a 12-year long-term contract with all KBO league players.

In March, the KBO announced that it will contract 506 players from 10 clubs, excluding rookies and foreign players, in 2023. It was announced that the average annual salary was 146.48 million won. If calculated based on this, the total annual salary of players in the 10 teams is 74.1182 billion won. Assuming there is no change in the total amount, the amount needed for a 12-year salary contract is 889.4184 billion won.

It is somewhat difficult to compare the market sizes of MLB and KBO, but some say there is only one The response is that it is surprising that 100 sports players can win this much money.

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