Shohei Ohtani to Make $30 Million in 2023, Record Amount for Arbitration-Eligible Player

Shohei Ohtani has agreed to a $30 million deal with the Los Angeles Angels for the 2023 season in the two-way superstar’s final year of arbitration eligibility before free agency.

The Angels announced the deal Saturday, avoiding a potentially complicated arbitration case with the 2021 AL MVP.

Ohtani’s deal is fully guaranteed, with no other provisions. The deal is the largest one-year contract ever given to an arbitration-eligible player, surpassing the $27 million given to Mookie Betts by the Boston Red Sox in January 2020, a month before he was traded to the Los Angeles Dodgers…

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

Arbitration Conversation No. 10: Prof. David Horton of UC Davis School of Law

In this episode of the Arbitration Conversation Amy interviews Prof. David Horton of the University of California - Davis School of Law about infinite arbitration clauses. https://youtu.be/SI2f3ubCytc

By David Horton, Amy Schmitz
Category

FINRA DRS Posts Stats Through June: Customer and Industry Arbitration Claims Are Down at the Half-way Mark. Mediation Filings Are Still Strong But Are Slowing Down

This article first appeared on the Securities Arbitration Alert Blog, here. FINRA Dispute Resolution Services (“DRS”) has posted case statistics through June, with most trends persisting. We offer these headlines:...

By George Friedman
Category

Indian Supreme Court Confirms Enforceability of India-Seated Emergency Arbitration Awards

This article first appeared on Arbitration Notes by Herbert Smith Freehills, here. The Supreme Court of India (the “Court“) has recently handed down a significant judgment in Amazon.com NV Investment Holdings...

By Andrew Cannon, Tomas Furlong, Madhu Krishnan

Find an Arbitrator

X
X
X