Shohei Ohtani to Dodgers on record-breaking $700 million deal

The greatest free agent in baseball history has made up his mind.

Shohei Ohtani announced on his Instagram account Saturday that he was signing with the Los Angeles Dodgers, a 10-year deal worth $700 million according to his agent Nez Balelo.

Relocating in Southern California from the Los Angeles Angels, Ohtani’s new deal smashes the record for North American pro sports contracts and is thought to be the largest overall deal in global sports history.

The two-way Japanese superstar won the American League MVP award in 2023 – his second in three years – slugging 44 home runs with an MLB-best .654 slugging percentage and 1.066 OPS. As a starting pitcher, Ohtani went 10-5 with a 3.14 ERA in 23 starts, before undergoing September elbow surgery that will keep him off the mound until the 2025 season.

Mike Trout’s 12-year, $426.5 million extension with the Angels before the 2019 season was the biggest deal in baseball history. As for free agents, Aaron Judge’s nine-year, $360 million contract with the Yankees last winter was the richest.

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‘To all Dodgers fans, I pledge to always do what’s best for the team and always continue to give it my all to be the best version of myself,’ Ohtani wrote on Instagram. ‘Until the last day of my playing career, I want to continue to strive forward not only for the Dodgers but for the baseball world.’

Ohtani joins a star-studded Dodgers lineup that also features past MVPs in Freddie Freeman and Mookie Betts.

‘Shohei is thrilled to be a part of the Dodgers organization. He is excited to begin this partnership, and he structured his contract to reflect a true commitment from both sides to long-term success,’ Balelo said in a statement Saturday.

Ohtani is the first reigning MVP to sign with a new team since Barry Bonds left the Pittsburgh Pirates to join the San Francisco Giants after the 1992 season.

Ohtani never reached the playoffs in six seasons with the Angels.

‘I would like to express my sincere gratitude to everyone involved with the Angels organization and the fans who have supported me over the past six years, as well as to everyone involved with each team that was part of this negotiation process,’ Ohtani said in his Instagram post.

‘Especially to the Angels fans who supported me through all the ups and downs, you guys’ support and cheer meant the world to me. The six years I spent with the Angels will remain etched in my heart forever.’

When will Shohei Ohtani pitch again?

After undergoing elbow surgery in September, Ohtani is not expected to pitch again until 2025.

Ohtani last pitched on Aug. 23, when he left a start early and later was diagnosed with a torn ulnar collateral ligament. Ohtani suffered the same injury in 2018 and underwent Tommy John surgery that kept him off the mound for all but two games of the following two seasons – but it’s unclear on whether the most recent procedure was Tommy John.

In 74 starts over the past three seasons, Ohtani was 34-16 with a 2.74 ERA and 542 strikeouts.

Projected 2024 Dodgers lineup with Shohei Ohtani

Mookie Betts, 2BShohei Ohtani, DHFreddie Freeman, 1BWill Smith, CMax Muncy, 3BJames Outman, CFChris Taylor, LFJason Heyward, RFGavin Lux, SS

Biggest contracts in MLB history by total value

Shohei Ohtani, Dodgers – 10 years, $700 millionMike Trout, Angels – 12 years, $426.5 millionMookie Betts, Dodgers – 12 years, $365 millionAaron Judge, Yankees – 9 years, $360 millionManny Machado, Padres – 11 years, $350 millionFrancisco Lindor, Mets – 10 years, $341 millionFernando Tatis Jr., Padres – 14 years, $340 millionBryce Harper, Phillies – 13 years, $330 millionGiancarlo Stanton, Marlins – 13 years, $325 millionCorey Seager, Rangers – 10 years, $325 millionGerrit Cole, Yankees – 9 years, $324 millionRafael Devers, Red Sox – 10 years, $313.5 million

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