Shohei Ohtani's unprecedented Dodgers contract: Renowned sports agent dissects megadeal

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Shohei Ohtani’s free agency has been the talk of baseball ever since the Japanese star signed a one-year contract with the Los Angeles Angels before the start of the 2023 MLB season. 

The contract, which avoided arbitration, meant that the modern-day Babe Ruth would hit the open market.

Shohei Ohtani is shown at a press conference at Dodger Stadium in Los Angeles on December 14, 2023. (Frederic J. Brown/AFP via Getty Images)

Projections for his contract were difficult to accurately predict as Ohtani’s unique skill set has not been seen since the 1930s.

But no one could have predicted what was to come.

DODGERS WEREN'T ONLY TEAM TO OFFER SHOHEI OHTANI $700 MILLION DEAL

On Saturday, Ohtani agreed to a deal with the Los Angeles Dodgers, signing a 10-year, $700 million contract to head north on the 5 freeway. 

The financials of the contract are mind-blowing as the $700 million is the largest contract in baseball history by more than $250 million, easily surpassing Mike Trout’s 2019 $426.5 million extension.

"I think he was the player with the most leverage and the most bargaining power of anyone I’ve ever seen in free agency," renowned sports agent Leigh Steinberg told Fox News Digital. "He plays two positions, so he counts for two on the roster. He won’t in 2024, but after that, he’s someone who is at the penultimate top of the field. Both in hitting and in pitching and is a real box-office draw. So, I thought there would be an explosive contract, but $700 million is the biggest sports contract ever. And then we saw how to really value it by noticing there is deferred money in it."

The nitty-gritty details of Ohtani’s astronomical