Before Ohtani there was Winfield
Forty-three years before the Los Angeles Dodgers reward Shohei Ohtani with a staggering 10-year, $700 million contract, baseball’s biggest contract is signed on this date in 1980 as right fielder Dave Winfield agrees to a 10-year free agent deal with the New York Yankees.
Winfield’s new deal 44 years ago today is worth $23.3 million.
Total.
Ohtani – the unicorn who pitches like the All-Star he is and performs even better as a designated hitter – quicky restructures his record-setting contract to receive just $2 million in each of those 10 seasons on his contract with the remaining $680 million to be paid over the first 10 years after the contract expires in 2033.
The $2 million per season puts Ohtani far closer to the entry-level, major league minimum of $740,000 in 2024 than to the top of the salary chart that better reflects his talent level.
Worry not, though, for Ohtani, who still pulls in $45 million or so in endorsement deals.
As for Winfield, the future Hall of Famer fulfills his contract with the Yankees before signing a series of free agent contracts with California, Toronto, Minnesota and Cleveland to extend his career through the 1995 season.
As for Ohtani, whose $700 million deal easily dwarfs Winfield’s $28 million in career earnings, he does something in his first year with the Dodgers that Winfield never accomplishes during his career – namely, win a World Series ring.
Ohtani wins that ring in 2024, his first season with the Dodgers, and he figures to get plenty of chances to earn a few more over the next nine seasons with the perennially talent-rich Dodgers.