Friday, August 21, 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

Appeals Court Pauses Fifth Year of Eligibility Order

An appeals court has yet to make a final decision.

Marc Lore Sells Wolves in Another NBA Ownership Stunner

The move comes just 14 months after Lore took over in Minnesota.
Sep 7, 2025; Flushing, NY, USA; Jannik Sinner (ITA) reacts against Carlos Alcaraz (ESP) (not pictured) during the final of mens singles at Billie Jean King National Tennis Center.

Jannik Sinner Announces He Will Miss the US Open

Carlos Alcaraz announced Thursday that he will return at the US Open.
Aug 6, 2026; Canton, Ohio, USA; The NFL shield logo on the field before the Carolina Panthers and Arizona Cardinals play at Tom Benson Hall of Fame Stadium. Mandatory Credit:
Exclusive

The Athletic in Talks to Provide Content to NFL Media Properties

Such content could appear on NFL.com and the NFL+ app.
podcast thumbnail mobile
Front Office Sports Today

8/21/26 – Jeanie Buss’s Ownership Battle, US Open’s Record Purse, Harden Hits $500M

0:00

Featured Today

Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
First at FOS

Key NFL Committees Clear Way for $9.6 Billion Seahawks Sale

The sale is now likely to be ratified next week.
August 19, 2026

Buss Family Drama Won’t Stop Lakers Sale to Iger and Kushner

Sources say the deal is unaffected by the Buss family dispute.
August 20, 2026

Arctos Adds Stake in 4th NFL Team With Falcons Deal

The agreement reportedly values the Falcons at $10.6 billion.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
August 17, 2026

Buss Family Drama Brewing After Reported Lakers Sale

Jeanie Buss is contradicting a report that her family will sell.
Mar 12, 2026; Los Angeles, California, USA; Los Angeles Lakers majority owner Mark Walter and team executive Jeannie Buss in attendance at Crypto.com Arena. Mandatory Credit
August 14, 2026

In Sudden $12.5B Lakers Sale, Big Questions Remain

Why did Mark Walter flip the NBA’s crown jewel in 10 months?
Oct 13, 2024; London, United Kingdom; The Chicago Bears logo in the end zone before an NFL International Series game at Tottenham Hotspur Stadium. Mandatory Credit: Kirby Lee-Imagn Images
August 14, 2026

Bears Call Indiana Stadium Plans Their ‘Sole Focus’

Bears chairman on Illinois: “Hope is not a strategy.”
August 13, 2026

Knicks’ Title Run Creates $67 Million Bump for MSG Sports

The NBA team’s parent company reported across-the-board financial lifts.