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12/16/2023

Topic Reading-Vol.4253-12/16/2023

Dear MEL Topic Readers,
Two-time AL MVP Shohei Ohtani agrees to historic deal with Los Angeles Dodgers
Born in a northern prefecture of Japan in 1994, Shohei Ohtani is a Japanese baseball pitcher and designated hitter. He played in a professional baseball team in Japan for four years before he joined Los Angels Angels in Major League Baseball in 2018. Since then, he has achieved remarkable feats both on the mound and at the plate, solidifying his status as a true two-way star, including the 2023 American League Home Run Champion, three-time Angel’s Most Valuable Play, and 2023 Best Major League Baseball Player ESPY Award. Recently, Ohtani has agreed to play in the Los Angeles Dodgers, one of the world’s highest-revenue baseball teams for the next 10 years with the most lucrative contract in North American sports history, $700 million. Apparently, the Dodgers financially valued Ohtani the most and can afford to pay that much to the 29-year-old player. The team’s financial success is built upon a foundation of strong gameday attendance, lucrative media deals, and diverse revenue streams. Their ability to consistently win on the field and effectively leverage their brand has solidified their position as one of the most valuable and profitable franchises in professional sports. The Dodgers must have figured out how much Ohtani will contribute to its bottom line even though he cannot pitch in the 2024 season due to the elbow surgery he underwent in October.
Enjoy reading the article and learning about the most lucrative baseball contract in history.

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