California lawmaker seeks to close Shohei Ohtani tax loophole: ‘It’s a massive hidden ball trick’

Shohei Ohtani will avoid paying an estimated $90 million in California state income taxes as a result of deferring nearly all of his record-setting $700 million contract with the Los Angeles Dodgers. Now California lawmakers are pushing to change the federal tax code to prevent Ohtani’s contract structure from becoming standardized among high earners in baseball and beyond.

Read more here.