Angels and Shohei Ohtani Agree to a Record-Setting One-Year Deal for 2023

Well my heart certainly skipped a beat when I saw the news. But fret not, my friends. The freshly-signed, $30 million/one-year deal between the Angels and Shohei Ohtani will not keep him out of the free agent market any longer than was already expected. As of right now, he’ll still be a free agent after next season. And this deal may even make a trade, a sale of the team, or both easier to facilitate.

Shohei Ohtani Signs Deal with Angels

The details: Ohtani made $5.5 this season as he headed into his final year of team control, via arbitration. But instead of answering the question of How the heck do you pay a player who’s basically two separate All-Stars in one? The Angels and Ohtani settled on a record-setting raise and final salary number for 2023: $30M for one year.

Now, the explanation: Normally, a deal to avoid arbitration would be handled in January, while the two sides were negotiating a bigger extension for beyond this season. But because a true extension has become increasingly unlikely with the Angels, they did it today. Now, the Angels can head into the offseason with some additional cost certainty on the payroll side of operations as they approach a sale of the team. Also, they are securing some cost certainty on the Ohtani-specific side of the ledger, as they contemplate a trade.

His case was always going to be expensive, but it was also going to be extremely complicated. And that would have left (trade) buyers with next to no understanding of how much they’d be on the hook for right off the bat. This makes that a whole lot simpler.

Good move by the Angels, good bag for Ohtani. And the dream is still alive.

written by

Michael Cerami began covering the Chicago Cubs for Bleacher Nation as a part-time contributor in 2015. One year later, he joined Bleacher Nation full-time, covering the Chicago Cubs and Major League Baseball. Today, Michael runs Bleacher Nation, contributing as a writer (Cubs, MLB) and an editor for all sections of the site, including the Chicago Bears, Bulls, and Blackhawks, as well as MLB, NBA, NHL, and NFL. In 2019, Michael was the co-host of NBC Sports Chicago's Cubs Post-Game Show Outside the Ivy. You can find him on Twitter/X @Michael_Cerami

more cubs news

Wrigley Field is Gonna Be Lit This Year (As in New Colored Lights!)

Last year, the Cubs started using their new LED outfield lights to do a little dancing display during 'Go Cubs Go,' lighting along with the song and throwing in a W. It was very fun and I liked it. This...

The 2024 Chicago Cubs for Dummies

Boom. We made it. The offseason is over, and the Cubs regular season - and those elevated expectations - begins tomorrow. But in case you slept through the winter, I'm here to catch you up on everything you need to...

Why Craig Counsell Wanted Miles Mastrobuoni on the Cubs’ Bench

I don't know why Miles Mastrobuoni bugs some folks, but it's probably heavily-weighted toward his small-sample, bad-batted-ball-luck start last year, and that time he didn't dive while playing in right field. It can be hard to shake initial impressions, I...

Kinda Sounds Like Craig Counsell May Have a Set Top Three in the Batting Order

New Chicago Cubs manager Craig Counsell has said, generally, his batting order philosophy is the very simplistic (and very correct): just get your best hitters the most at bats. Sure, there's some play in that to set up good match-ups,...

Los Angeles Dodgers Signing Will Smith to a TEN-YEAR Extension

The Los Angeles Dodgers have done it again. And by it, I mean they have signed a funkily-structured contract that is going to leave some folks annoyed. The Dodgers are extending catcher Will Smith on a DECADE-long deal with a...

The Stretch: 2024 MLB Season Preview

On Monday, during a team-building conversation with some of the Bleacher Nation and Betsperts Media Group folks, we discussed sports—shocking, I know—and Brian Twining asked the group what their favorite sport was. For me, it's baseball. There's no debate. I...

We Have to Talk About Some of the “Deals” the Cubs Sat Out in Free Agency

This week, in a conversation with Jon Greenberg at The Athletic, Cubs President Jed Hoyer made an honest and sober (but also moderately disappointing) admission about the 2024 Chicago Cubs: "We need to perform probably at or a little bit...

The Chicago Cubs Are Reportedly Now Worth Over $5 Billion

Given all the tumult in the baseball broadcasting world, and the uncertain future for that portion of revenues, you'd be forgiven for expecting that MLB franchise valuations would slow their recent surge. But, according to Sportico at least, you'd be...

Reds Second Baseman Matt McLain Had Shoulder Surgery

The injury to Matt McLain's shoulder issue obviously wound up being worse than he and the Cincinnati Reds had been hoping. The damage to his left (non-throwing) labrum ultimately required surgery: https://twitter.com/m_sheldon/status/1772993402604339478 When the hope is that a guy can...

Cubs Actually Getting a Whole Lot of Votes to Win the NL Central

ESPN dropped its big season preview, and included were a set of divisional predictions by way of their writers, editors, and analysts voting. There's nothing in the way of proof or certainty there, but with 26 voters, I do like...

Latest News

Orioles vs. Angels Prediction: Expert Picks, Odds, Stats & Best Bets – Thursday, March 28, 2024

The Baltimore Orioles begin their season as -192 favorites in a home tilt against the Los Angeles Angels on Thursday at 3:05 PM ET, live on BSW.Baltimore's Corbin Burnes and Los Angeles' Patrick Sandoval have been named the starters for...

Wyoming vs South Dakota Women’s College Basketball Odds and Prediction – March 29

The South Dakota Coyotes (23-12) will try to break a three-game road losing streak when they square off against the Wyoming Cowgirls (17-14) on March 29, 2024 at Arena-Auditorium.Wyoming vs. South Dakota NCAA Game InfoDate: Friday, March 29, 2024Time: 8:30...

Minnesota vs North Dakota State Women’s College Basketball Odds and Prediction – March 29

The Minnesota Golden Gophers (17-15) face the North Dakota State Bison (22-11) on March 29, 2024.Minnesota vs. North Dakota State NCAA Game InfoDate: Friday, March 29, 2024Time: 8:00 PM ETWhere: Minneapolis, MinnesotaVenue: Williams ArenaLast Game For Each TeamMinnesota enters this...

Rays vs. Blue Jays Probable Starting Pitchers – March 28

The Tampa Bay Rays (0-0) and the Toronto Blue Jays (0-0) face off on Thursday at Tropicana Field for Opening Day. First pitch is at 4:10 PM ET.The Rays will call on Zach Eflin versus the Blue Jays and Jose...

Dodgers vs. Cardinals Probable Starting Pitchers – March 28

The Los Angeles Dodgers (1-1) and the St. Louis Cardinals (0-0) face off at Dodger Stadium on Thursday at 4:10 PM ET, starting a four-game series.The Dodgers will look to Tyler Glasnow versus the Cardinals and Miles Mikolas.Dodgers vs. Cardinals...

Padres vs. Giants Probable Starting Pitchers – March 28

The San Francisco Giants (0-0) begin a four-game series against the San Diego Padres (1-1) on Thursday at PETCO Park. First pitch is at 4:10 PM.The Padres will look to Yu Darvish versus the Giants and Logan Webb.Padres vs. Giants...

Astros vs. Yankees Probable Starting Pitchers – March 28

The Houston Astros (0-0) and the New York Yankees (0-0) face off on Thursday at Minute Maid Park for Opening Day. First pitch is at 4:10 PM ET.The Astros will call on Framber Valdez against the Yankees and Nestor Cortes...

Reds vs. Nationals Probable Starting Pitchers – March 28

The Cincinnati Reds (0-0) and the Washington Nationals (0-0) face off on Thursday at Great American Ball Park for Opening Day. First pitch is at 4:10 PM ET.The Reds will call on Frankie Montas against the Nationals and Josiah Gray.Reds...

Marlins vs. Pirates Probable Starting Pitchers – March 28

The Miami Marlins (0-0) and the Pittsburgh Pirates (0-0) match up on Thursday at LoanDepot park for Opening Day. First pitch is at 4:10 PM ET.The Marlins will look to Jesus Luzardo versus the Pirates and Mitch Keller.Marlins vs. Pirates...

Twins vs. Royals Probable Starting Pitchers – March 28

The Kansas City Royals (0-0) host the Minnesota Twins (0-0) in an Opening Day contest at 4:10 PM ET on Thursday.The Twins will call on Pablo Lopez versus the Royals and Cole Ragans.Twins vs. Royals Pitcher Matchup and Game InfoWhen:...

more cubs news