Every season, there is one player in each sport who is honored with the richest contract among his peers. This season, one player has overpowered every other legend in all the sports combined with his ‘out-worldly’ 10-year contract with the Los Angeles Dodgers. On Friday, December 8, 2023, when everyone was speculating which team Shohei Ohtani would join, the player had different plans in mind.
While there were rumors that the Japanese professional baseball pitcher and designated hitter, Ohtani, was signing a deal with the Blue Jays, the player updated the MLB fans about his 10-year deal with the Dodgers. In a recent Instagram post, Ohtani expressed his gratitude to everyone involved with the Angeles organization, along with other teams that were part of the negotiation process.
View this post on Instagram
Ohtani has rewritten the record book with his gameplay in baseball and even the rulebook. Adding to the narrative, the player has rewritten the checkbook by signing the highest contract inked by any athlete, according to historical records.
The $700 million contract put forward by the Dodgers is self-explanatory of Ohtani’s longest runs and sensational hits. The player has surpassed Patrick Mahomes, Mike Trout, Mookie Betts, and the NBA’s Jaylen Brown.
Jaylen Brown NBA contract breakdown
The star player of the Boston Celtics has agreed to a 5-year super-max contract extension of approximately $304 million by the C’s. Surpassing LeBron James, Stephen Curry, and even some of the greatest players in the league, Jaylen Brown has rewritten history with this tally.
After the deferrals, however, the amount receded to a mere $60.8 million as the player’s salary in 2026. The federal tax accounts for $22.5 million, NBA Escrow: $6 million, agent fee: $1.8 million, Medicare: $1.4 million, and the ‘Jock’ tax: $1.8 million. Andrew Petcash has provided a detailed breakdown of the player’s newly signed contract. \
Jaylen Brown just signed the richest deal in NBA history (5 years $304 million).
Here’s how much he will actually earn: 😲
$60.8M: Salary
–
$22.5M: Federal Tax
$6M: NBA Escrow
$1.8M: Agent Fee
$1.4M: FICA/Medicare
$1.8M: Jock Tax
$2.7M: Massachusetts Tax
=
$24.5M: Net Income pic.twitter.com/1aPQy6dg0s— Andrew Petcash (@AndrewPetcash) July 25, 2023
The net income would account for just $24.5 million after all the tax cuts and deferrals. The shooting guard/small forward signed the contract on July 25, 2023, and has since been deemed to have the richest contract in the NBA. While such embellished numbers hold less significance after years pass and inflation takes a toll on the currency, the players have indeed landed a great spot in the history of their respective sports.