Shohei Ohtani, who will earn $50 million a year next season, is one of the “amazing” investment members of the “Tiger Woods Founding Company.

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Last Updated on 11/09/2022 by てんしょく飯

 

I don’t have much to spend, so at the moment it’s just accumulating (laughs).

 

(Laughs)” This was the answer given by Shohei Ohtani (28) when he was asked how he uses the money he earns during a press conference at the Japan Press Club on November 15, 2021, after his return to Japan.

 

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At the moment, the money is just accumulating.

At the time, Ohtani, who was paid $5.5 million a year (about 810 million yen), had no image of extravagant spending. The only major purchase he made after coming to the U.S. was his favorite car, a Tesla. Yes, it is a luxury car costing about $150,000, but it is a sizeable amount for a young millionaire.

 

Ohtani’s salary for next season has jumped to $30 million (about 4.4 billion yen). In addition, according to Sponsors United, a U.S. research firm, Ohtani has signed 17 sponsorship deals, surpassing the previous MLB record of 13 set by the Yankees’ Aaron Judge (30). The total amount is estimated at an estimated $20 million (¥2.95 billion), the highest ever in the sport. His total annual income may exceed $50 million.

 

Ohtani has finally made his move. In August, golf superstars Tiger Woods (46) and Rory McIlroy (33) co-founded TMRW Sports, and Ohtani is among the 26 initial investors.

 

TMRW Sports is a venture company that aims to make sports more accessible through the use of technology, including the launch of TGL, a golf league in partnership with the PGA Tour.

 

The investors are also impressive: Steph Curry (34), the highest-paid shooter in NBA history with an annual salary of approximately 5.2 billion yen, is the first NBA player to win 103 Formula 1 championships, and the first NBA player to win a Formula 1 championship. From the NBA, Steph Curry (34), the highest-paid shooter in history at approximately $5.2 billion, and Lewis Hamilton (37), who has won 103 Formula One championships. From the world of tennis, Serena Williams (41), who has won 23 of the four major tournaments, and many other big stars from various fields.

 

MLB critic Ryoichi Fukushima explains the significance of Ohtani’s presence in this distinguished lineup.

 

It means that Ohtani is recognized in American society. Baseball is no longer the preeminent of the four major sports in the U.S., but Ohtani is still a one-in-a-century talent and is respected by athletes in other sports.

 

In October, soccer star Lionel Messi, 35, established an investment company called Play Time.

 

The benefits of investing in athletes, not only financially but also in terms of increased recognition, is probably the reason why more athletes are investing,” Fukushima said.

 

However, an employee of an advertising agency in the U.S. says that there are many points to keep in mind.

 

In MLB, annual salaries are paid over 5 to 20 years. The average inflation rate in the U.S. is about 6%. This means that unpaid compensation diminishes by 6% each year. So players are often encouraged to invest. Ohtani’s investment is probably around $1 million. In the past, there were frequent cases of players like Curt Schilling, a great pitcher with a total of 216 wins, who lost nearly $100 million in investments or went bankrupt after being lured into investing by friends or others, so now baseball teams advise players through consultants.

 

Ohtani is a novice at investing, but since “TMRW” is endorsed by big names, he has a good chance of success.

 

 

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