The biggest story of the MLB offseason has come to a close. Shohei Ohtani announce he has signed with the Dodgers for a MLB record-shattering $700 million contract across 10 years.
The monster contract naturally makes the two-way star not only the highest-paid player in MLB history, but in the history of North American sports as well.
Ohtani's deal clears his former teammate Mike Trout's 12-year, $426.5 million contract that he signed with the Angels back in 2019. It also surpasses Chiefs star QB Patrick Mahomes' monster 10-year, $503 million contract that made NFL history in 2020.
How does Ohtani's freshly signed deal with Los Angeles stack up against the biggest contracts in MLB and North American sports history? The Sporting News takes a closer look below.
MORE: Details to know about Shohei Ohtani's $700 million contract
Biggest contracts in MLB history
Ohtani's deal gives him the title for both the most lucrative contract and the highest average annual value in MLB. It is the first $500 million deal in MLB history.
Overall value
| Player | Signed Team | Length | Value |
| Shohei Ohtani | Dodgers | 10 | $700 million |
| Mike Trout | Angels | 12 | $426.5 million |
| Mookie Betts | Dodgers | 12 | $365 million |
| Aaron Judge | Yankees | 9 | $360 million |
| Manny Machado | Padres | 11 | $350 million |
| Francisco Lindor | Mets | 10 | $341 million |
| Fernando Tatis Jr. | Padres | 14 | $340 million |
| Bryce Harper | Phillies | 13 | $330 million |
| Giancarlo Stanton | Marlins | 13 | $325 million |
| Corey Seager | Rangers | 10 | $325 million |
| Yoshinobu Yamamoto | Dodgers | 12 | $325 million |
Average annual value
| Player | Signed Team | Length | Value |
| Shohei Ohtani | Dodgers | 10 | $70 million |
| Max Scherzer | Mets | 3 | $43.3 million |
| Justin Verlander | Mets | 2 | $43.3 million |
| Aaron Judge | Yankees | 9 | $40 million |
| Jacob deGrom | Rangers | 5 | $37 million |
| Gerrit Cole | Yankees | 9 | $36 million |
| Mike Trout | Angels | 12 | $35.5 million |
| Carlos Correa | Twins | 3 | $35.1 million |
| Anthony Rendon | Angels | 7 | $35 million |
| Stephen Strasburg | Nationals | 7 | $35 million |
Biggest contracts in North American sports history
Ohtani's $700 million contract soars past Mahomes for the largest deal in North American sports history by nearly $200 million. He's set to earn $70 annually, which would give Ohtani the second-richest AAV on any contract by an athlete in North America.
Professional boxer Canelo Alvarez held that title, earning $73 million a year in his contract with DAZN. NBA All-Star Damian Lillard has the highest AAV among team sport athletes, earning $60.9 million a year after signing a monster two-year max extension in 2022.
FAGAN: Winners and losers from Shohei Ohtani sweepstakes
Overall value
| Athlete | Team | Years | Value |
|---|---|---|---|
| Shohei Ohtani | Angels | 10 | $700 million |
| Patrick Mahomes | Chiefs | 10 | $503 million |
| Mike Trout | Angels | 12 | $426.5 million |
| Canelo Álvarez | DAZN | 5 | $365 million |
| Mookie Betts | Dodgers | 12 | $365 million |
| Aaron Judge | Yankees | 9 | $360 million |
| Manny Machado | Padres | 11 | $350 million |
| Francisco Lindor | Mets | 10 | $341 million |
| Fernando Tatís Jr. | Padres | 14 | $340 million |
| Bryce Harper | Phillies | 13 | $330 million |
Average annual value
| Athlete | Team | Years | AAV |
|---|---|---|---|
| Canelo Álvarez | DAZN | 5 | $73 million |
| Shohei Ohtani | Dodgers | 10 | $70 million |
| Damian Lillard | Bucks | 2 | $60.9 million |
| Anthony Davis | Lakers | 3 | $59 million |
| Giannis Antetokounmpo | Bucks | 3 | $59 million |
| Jaylen Brown | Celtics | 5 | $57.7 million |
| Devin Booker | Suns | 4 | $55.7 million |
| Karl-Anthony Towns | Timberwolves | 4 | $55.6 million |
| Nikola Jokic | Nuggets | 5 | $55.2 million |
| Joe Burrow | Bengals | 5 | $55 million |