Episode 43 – Tax Implications of Shohei Ohtani’s Contract

Who is stoked for the Dodgers in the World Series? We are! In this episode, we discuss the excitement surrounding the World Series and peel back the financial aspects of baseball contracts, particularly focusing on Shohei Ohtani’s historic $700 million contract with the Dodgers. We explore the implications of deferred payments, tax considerations, and compare Ohtani’s contract to Bobby Bonilla’s unique deal. The discussion also touches on how such contracts can influence future negotiations and the overall landscape of Major League Baseball.

Key Moments:

Excitement of the World Series

Analyzing Otani’s Historic Contract

Tax Implications of Deferred Payments

Bobby Bonilla’s Unique Contract

Impact on Future Contracts and the MLB

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Connect with Jeremiah:

LinkedIn: https://www.linkedin.com/in/jeremiahjlee/

Email: Jeremiah@tricordadvisors.com

Connect with Laura:

LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/

Email: [email protected]

Connect with Randy:

LinkedIn: https://www.linkedin.com/in/rkbarkley/

Email: Randy@tricordadv.com

This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel. Neither the information presented nor any opinion expressed constitutes a representation by us of a specific investment or the purchase or sale of any securities. Asset allocation and diversification do not ensure a profit or protect against loss in declining markets. This material was developed and produced by Advisor Websites to provide information on a topic that may be of interest.

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