The Cost Of A Baseball Player: US$700M over 10 years. What Does This Say About What We Value?

MATT SLOCUM/THE ASSOCIATED PRESS

RONALD BLUM

Shohei Ohtani agreed Saturday to a record $700 million, 10-year contract with the Los Angeles Dodgers.

The deal was announced after days of speculation over where the unique, two-way star would continue his career after six seasons with the Los Angeles Angels.

“This is a unique, historic contract for a unique, historic player,” Ohtani’s agent, Nez Balelo of CAA Sports, said in a statement. “He is excited to begin this partnership, and he structured his contract to reflect a true commitment from both sides to long-term success.”