Wednesday, June 17, 2026

Ohtani Aftermath: MLB Teams Forced To Rethink Strategies, Finances

  • Shohei Ohtani signed a record $700 million contract with the Los Angeles Dodgers.
  • Teams that missed out out signing the superstar are looking for next steps.
Los Angeles Angels designated hitter Shohei Ohtani
Jerome Miron-USA TODAY Sports

The Los Angeles Dodgers are dominating the headlines for winning the Shohei Ohtani sweepstakes with a 10-year, $700 million mega-contract. But as that celebration continues, several other clubs across MLB are left to pick up the pieces in the wake of the superstar’s move.

The Los Angeles Angels, who were never seen as serious contenders to retain Ohtani, are now officially facing life without him. The Angels have generated millions of dollars per season via sponsorships with Japanese companies that will likely no longer see the value in those deals. Now, the Halos will look to return to the playoffs for the first time since 2014 without the help of baseball’s best player.

When rumors that Ohtani would sign with the Toronto Blue Jays flared up late last week, the club’s World Series betting odds improved from 15-1 to as short as 8-1, behind only the Atlanta Braves and Dodgers. The Blue Jays are believed to have offered Ohtani a contract not much lower than the Dodgers’ deal.

The New York Mets were among the teams with an initial interest in Ohtani, but it turns out they never had much of a chance. “The agent never reached out to me personally,” Mets owner Steve Cohen said. “And I think that’s pretty telling.” The Mets began last season with a record payroll, so offering Ohtani a record deal wouldn’t have been an issue.

Dodgers Fans Prepare To Pay Up

Ticket prices for Ohtani’s home debut with the Dodgers next spring are already skyrocketing.

On secondary marketplaces, some standing-room-only tickets were selling for a minimum price of more than $400 in the wake of Ohtani’s signing.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 13, 2026; San Antonio, Texas, USA; New York Knicks guard Jalen Brunson holds the Finals MVP trophy during the championship celebration after game five of the 2026 NBA Finals against the San Antonio Spurs at Frost Bank Center. Mandatory Credit: Geoff Burke-Imagn Images

Knicks-Spurs Draws Most-Watched NBA Finals Since 1998

The Knicks’ series-clinching Game 5 attracted 24.5 million viewers.
Soccer Football - FIFA World Cup 2026 - Group H - Spain v Cape Verde - Atlanta Stadium, Atlanta, Georgia, U.S. - June 15, 2026 Spain's Pau Cubarsi misses a chance to score REUTERS/Siphiwe Sibeko
Exclusive

Fox Frustrated by ESPN’s Lack of World Cup Coverage

Fox took over from ESPN as the World Cup rights holder in 2018.
Soccer Football - FIFA World Cup 2026 - Group D - United States v Paraguay - Los Angeles Stadium, Inglewood, California, U.S. - June 12, 2026 Folarin Balogun of the U.S. celebrates scoring their second goal with Alex Freeman

USMNT Was Assembled Stateside, Honed in Europe

Most of the U.S. roster leveled up in clubs abroad.

Featured Today

Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.

Portland Fire GM Says Team Is Chasing Playoffs, Not Lottery Odds

Vanja Černivec was with the Golden State Valkyries last year.
Gareth Bale
Exclusive
June 15, 2026

Gareth Bale Launches Sports Fund, Still Eyeing Cardiff Bid

“It’s about being patient, finding the right club, and the right path for us to take.”
June 15, 2026

Fernando Mendoza’s Rookie Edge With Raiders? Access to Tom Brady 

Fernando Mendoza’s relationship with Tom Brady is growing.
Sponsored

Midge Purce Sounds Off on the Trinity Rodman Rule

Midge Purce discusses the Rodman Rule and the future of NWSL.
June 13, 2026

Knicks Beat Spurs to Win First NBA Title in 53 Years

New York is the eighth different NBA champion in eight years.
Apr 4, 2024; New York, New York, USA; New York Knicks executive chairman James Dolan sits court side during the first quarter against the Sacramento Kings at Madison Square Garden
June 12, 2026

The Knicks Keep Winning. James Dolan Keeps Beefing

The Knicks owner continues his streak of high-profile feuds.
June 11, 2026

Knicks Are 1 Win From Title After Historic Comeback

It was the largest comeback in an NBA Finals game ever.
June 10, 2026

From Angel Reese to ‘Loser Mentality,’ Sky Tumult Continues

Reese and the Atlanta Dream are 8–3.