, Columnist
Shohei the Time Value of Money
The product of a zero-inflation upbringing in Japan, the baseball star has signed a contract that will be an MBA case study long after he retires.
Shohei Ohtani should also start earning royalties from business schools.
Photographer: Ronald Martinez/Getty
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Fervent thanks should go to Shohei Ohtani, the Japanese baseball star who at the weekend signed a 10-year contract worth $700 million to move to the Los Angeles Dodgers. That’s the biggest contract ever for a baseball player. But now, we have the details of how it’s structured, and that turns it into one of the best financial stories in years.