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Shohei Ohtani's Record Dodgers Contract — And Deferrals — Has California Officials Talking Tax Reform

Ohtaniโ€™s 10-year contract pays him only $2 million a year, deferring $680 million until after his time with the Dodgers โ€” and possibly his California residency โ€” is over. If Ohtani collects that money after returning to his native Japan, California would lose an estimated $98 million in tax revenue from him.
United States Los Angeles Shohei Ohtani Malia Cohen Los Angeles Dodgers North American
Source: laist.com

Shohei Ohtani's $700M deal prompts California controller to call for caps on deferred taxes

California Controller Malia M. Cohen is calling on the U.S. Congress to amend the tax code and impose caps on deferred payments following Shohei Ohtani's historic $700 million deal with the Los Angeles Dodgers. Ohtani's contract structure: Ohtani's groundbreaking 10-year contract has him making $2 million per year until 2034, deferring $68 million of his $70 million annual salary.
United States Los Angeles Maliam Cohen Shohei Ohtani Us Congress California Center
Source: yahoo.com

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