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Shohei Ohtani - 2 Ohtani - 2 Hilary - 2 Drazen Jorgic - 2 Malia Cohen - 1 Jan - 1 Bobby Bonilla - 1 Ken Griffey - 1
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7 mentions found


☆ Shohei Ohtani's $700 million contract sparks concern about taxes on deferred income for high earners
  + stars: | 2024-01-09 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Dec. 14, 2023. Roughly a month after Shohei Ohtani signed a $700 million contract with Major League Baseball's Los Angeles Dodgers, California's controller is calling for "immediate and decisive action" from Congress to limit deferred income for higher earners. The Japanese pitcher's record-breaking deal defers $680 million for 10 years and has raised questions about future state taxability — especially if Ohtani eventually leaves California. Deferring $68 million annually for 10 years could save Ohtani $98 million over the life of his contract, according to an estimate from the California Center for Jobs and the Economy. However, the estimate uses several assumptions, and the exact terms of Ohtani's contract are unknown.
Persons: Shohei Ohtani, Ohtani, Malia Cohen, Jan Organizations: Los Angeles Dodgers, Dodgers, Major League Baseball's Los Angeles Dodgers, Finance, California Center, Jobs Locations: Los Angeles , California, California
☆ Shohei Ohtani — deferring $680 million of his contract for 10 years — may face some financial risks, advisors say
  + stars: | 2023-12-14 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
Shohei Ohtani, formerly of the Los Angeles Angels, pitches during a game in Anaheim, California, on July 6, 2021. Shohei Ohtani made history this week with a 10-year, $700 million contract to play for Major League Baseball's Los Angeles Dodgers. The Japanese superstar will receive $2 million per year over the 10-year agreement, which defers $68 million annually. But Ohtani will receive the bulk of his contract, $680 million in payments, between 2034 and 2043, without interest. For 2024, California's top tax rate climbs to 14.4%, which includes a 1.1% payroll tax on all income.
Persons: Shohei Ohtani, Ohtani, Bobby Bonilla, Ken Griffey, Eric Bronnenkant, Bronnenkant Organizations: Los Angeles Angels, Major League Baseball's Los Angeles Dodgers, MLB, Finance Locations: Anaheim , California, California
☆ Hilary makes landfall over Baja California peninsula, set to pummel US Southwest
  + stars: | 2023-08-20 | by ( Drazen Jorgic | Thomson Reuters | Drazen Is A Senior Correspondent Based In Mexico City | ) www.reuters.com   time to read: +5 min
[1/8] People walk along the beach in Pacific Beach area as Tropical Storm Hilary approaches San Diego, California, U.S., August 20, 2023. Hilary made landfall on Sunday morning over the northern parts of the Baja California peninsula, the National Hurricane Center (NHC) said in its latest advisory. It has been seven decades since the last tropical storm made landfall in California. MEXICO EVACUATIONSIn Mexico, nearly 1,900 people have been evacuated to shelters in the Baja California peninsula, according to the country's army. Around the coastal town of Mulege, on the eastern side of the Baja California peninsula, one person died after his family was swept away while crossing a stream on Saturday.
Persons: Hilary, Sandy Huffaker, Zack Taylor, Taylor, It's, Los Angeles Mayor Karen Bass, Kristin Crowley, Drazen Jorgic, Lizbeth Diaz, Bharat Govind Gautam, Rich McKay, Brendan O'Brien, Frances Kerry, Matthew Lewis Organizations: REUTERS, MEXICO CITY, U.S, National Weather Service, Center, National Hurricane Center, NHC, Los Angeles Mayor, Los Angeles Fire Department, Schools, Mexico's Navy, San Diego International, Major League Baseball's, Dodgers, Angels, Los Angeles FC, LA Galaxy, Thomson Locations: Pacific Beach, San Diego , California, U.S, MEXICO, Baja California, Mexico, United States, College Park , Maryland, Palm Springs , California, Southern California, Southern Nevada, Miami, Los, California, Tijuana, San Diego, Mulege, Major League Baseball's Los Angeles, Mexico City, Bengaluru, Atlanta, Chicago
☆ Hurricane Hilary to trigger floods in Baja California peninsula, southwestern US - NHC
  + stars: | 2023-08-19 | by ( ) www.reuters.com   time to read: +3 min
[1/5] Caution tapes prevent the passage at El Medano beach, as Hurricane Hilary hits Mexico's Baja California peninsula, in Cabo San Lucas, Mexico August 19, 2023. REUTERS/Monserrat Zavala Acquire Licensing RightsMEXICO CITY, Aug 19 (Reuters) - Hurricane Hilary was barreling towards Mexico's Baja California peninsula on Saturday, a U.S. government agency said, warning that catastrophic and life-threatening flooding was likely on the peninsula and U.S. Southwest. The National Hurricane Center (NHC) said the hurricane was weakening on its path to the west-central coast of the peninsula this evening. It predicted it would lose more strength and turn into a tropical storm as it heads towards southern California during the day and evening on Sunday. In Mexico's Baja California peninsula, some school and other non-essential activities were canceled through Monday, and authorities in Mexico's second-largest city, Tijuana, urged people in high-risk zones to move to temporary shelters.
Persons: Hilary, Monserrat Zavala, Joe Biden, Drazen Jorgic, Steve Holland, Michael Martina, Cynthia Osterman, Deepa Babington Organizations: REUTERS, MEXICO CITY, Mexico's, Southwest, National Hurricane Center, NHC, San Diego International, Major League Baseball's, Dodgers, Angels, Los Angeles FC, LA Galaxy, Thomson Locations: El, Baja California, Cabo San Lucas, Mexico, MEXICO, Mexico's Baja California, U.S, United States, California, Miami, Nevada, Mexico's, Tijuana, Southwest . U.S, Major League Baseball's Los Angeles
☆ New professional women's league set to launch in 2024
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Julia Nikhinson/File PhotoJune 30 (Reuters) - A new professional women's ice hockey league will launch in January 2024, bringing together the world's best players in a unified league, it was announced on Friday. News of the league ends a long-running divide between the Professional Women's Hockey Players Association (PWHPA) and the seven-team Premier Hockey Federation (PHF). Established in 2015 as the National Women's Hockey League, the NWHL rebranded to become the PHF in 2021 and its teams competed each year for the Isobel Cup. The deal has also grabbed the attention of the National Hockey League (NHL), which has long said it would not provide fiscal support so long as there were two competing leagues. "The National Hockey League congratulates the Professional Women's Hockey Players' Association and the Premier Hockey Federation on their agreement," the NHL said in a statement.
Persons: Billie Jean King, Biden, Narendra Modi, Julia Nikhinson, Mark Walter, Kemba, Walter, King, Kendall Coyne Schofield, Frank Pingue, Ken Ferris Organizations: India's, White, REUTERS, Professional, Hockey Players, Premier Hockey Federation, Major League Baseball's Los Angeles Dodgers, National Women's Hockey League, Canadian, Women's Hockey League, National Hockey League, Players, Association, NHL, Thomson Locations: Washington , U.S, Toronto
☆ DeSantis claimed Dodgers stadium was 'virtually empty' after Pride backlash, but the game actually had higher attendance than normal
  + stars: | 2023-06-18 | by ( Katie Balevic | ) www.businessinsider.com   time to read: +3 min
The LA Dodgers' LGBTQ Pride Night turned controversial when an activist group that offended the religious right was invited. But their claim to have successfully boycotted a Dodgers game for its LGBTQ Pride participation and guests — notably echoed by presidential candidate Ron DeSantis — appears to be false. Ron DeSantis, who recently launched his 2024 presidential bid, tweeted in support of the protesters and claimed the stadium was "virtually empty." "The virtually empty stadium for the game itself was a powerful image," DeSantis said in his tweet. Jareck declined to answer Insider's other questions about the Sisters of Perpetual Indulgence and the protesters.
Persons: —, Ron DeSantis —, Ron DeSantis, DeSantis, Forbes, Joe Jareck, Jareck Organizations: LA Dodgers, Night, Service, Privacy, Major League Baseball's Los Angeles Dodgers, Dodgers, Pride, Twitter, Los Angeles Times, Florida Gov
☆ Ohtani says he wants to play in 2023 World Baseball Classic
  + stars: | 2022-11-17 | by ( ) www.reuters.com   time to read: +1 min
Nov 17 (Reuters) - Two-way standout Shohei Ohtani of Major League Baseball's Los Angeles Angels said on Thursday he wants to play for Team Japan at next year's World Baseball Classic. Ohtani took to Instagram to say he has contacted Team Japan manager Hideki Kuriyama of his desire to play in the tournament for the first time in his career. "I have officially informed Team Japan Manager Mr. Kuriyama that I would like to participate in next year's WBC," Ohtani wrote. Taichung, Tokyo, Phoenix and Miami are the four host cities of the World Baseball Classic. As a hitter, Ohtani had 34 home runs and 95 RBI.
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