Wednesday, June 3, 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 2, 2026; San Antonio, TX, USA; San Antonio Spurs forward Victor Wembanyama (1) looks over during practice on media day for the 2026 NBA Finals at Frost Bank Center.

Will There Be a Wemby Effect for NBA Finals in France?

France will have two Finals broadcasters for the first time.

The Elite High Schools Hosting World Cup Teams

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

How the NBA Got Its Trophy Back on Finals Courts

The trophy hasn’t appeared on the court since the 2009 Finals. 

NHL Projects Record $8B in Revenue—Sees Bigger Growth Ahead

The league is seeing across-the-board revenue increases.

Featured Today

Frances Cabral-Delaney

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
May 23, 2026; Anaheim, California, USA; Fans participate in a tarp off during a MLB game between the Los Angeles Angels and the Texas Rangers at Angel Stadium
May 28, 2026

‘Tarps Off’: How Shirtless Fans Took Over MLB

The viral movement began with the SFA club baseball team.
Apr 6, 2026; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) walks to the on deck circle during the game against the Texas Rangers at Globe Life Field
May 28, 2026

Why Ballparks Are Louder Than Ever

Some stadiums sound like veritable nightclubs. How did we get here?
May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium
May 26, 2026

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.

How the NBA’s Perpetual Doormat Set Up the Finals

The Kings gave the Knicks a coach, and the Spurs a star.
Jun 1, 2026; Raleigh, North Carolina, USA; Carolina Hurricanes general manger Eric Tlulsky during media day for the 2026 Stanley Cup Final at Lenovo Center.
June 2, 2026

With a Ph.D. in Chemistry, Hurricanes GM Stands Out in NHL

Carolina’s GM has a background that is exceptionally rare in hockey.
June 2, 2026

Fever Bar Writer Scott Agness Over Caitlin Clark Injury Reporting

The controversy centers on reporting about Caitlin Clark’s injury status.
Sponsored

Landon Donovan: What Soccer in America Still Needs

Landon Donovan discusses the evolution of soccer in America and investing in the NWSL.
Jun 1, 2026; Raleigh, North Carolina, USA; Vegas Golden Knights head coach John Tortorella during media day for the 2026 Stanley Cup Final at Lenovo Center.
June 2, 2026

Tortorella Stars As Central Character of Stanley Cup Final

The often-combative NHL head coach is on a historic run.
May 30, 2026; Oklahoma City, OK, USA; Texas Tech Red Raiders third baseman Taylor Pannell (6) yells towards her dugout after a stolen base as Tennessee Lady Volunteers infielder Ella Dodge (25) looks on in the seventh inning during the NCAA WomenÕs College World Series at Devon Park.
June 1, 2026

Powered by Transfers, Texas Tech Softball Heads to WCWS Semis

15 of 23 players on Texas Tech’s roster are transfers.
Formula 1
May 28, 2026

Gucci Is Making a Big Bet on Sports

Gucci will be the title sponsor for Alpine Formula One team starting next year.
May 27, 2026

Dave Checketts Says Founding MLS Team Was His ‘Worst Investment’ 

Checketts cofounded Real Salt Lake in 2005 and sold it in 2013.