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MLB’s Wild Offseason Frenzy: From Ohtani’s Jaw-Dropping $700M to Yamamoto’s Bold $325M MLB Entry and Beyond

Published 12/31/2023, 9:30 AM EST

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To say that the 2023 MLB Hot Stove has been a wild ride would be selling it short. From stunning free-agency deals to unexpected trade moves, this offseason has brought in a flurry of frenzied movements. Shohei Ohtani and Yoshinobu Yamamoto set a high precedent for next year. Because from the looks of the MLB offseason highlights of this year, it was one of a kind.

2024 will act as the Richter scale for measuring the hottest splashes made by the clubhouses of the sport this offseason. It makes one wonder about what they might have in store for the upcoming games. But before Jan. 1st arrives, let’s look at some of the greatest moments from this past winter.

MLB 2023 Round-Up: An off-season of unpredictability

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Looking back at the MLB highlights of this offseason, one can see the LA Dodgers setting a benchmark for the rest of the league after penning two of the biggest deals in two back-to-back unprecedented moves. The New York Yankees did not fall far behind after they clinched a trade that was deemed anything but possible, given their trade partner’s unwillingness to let go of talent. However, these are not the only teams to make promises.

From executive changes to rotation upgrades, the offseason has been a taxing time for almost every club—albeit an exciting one. First off the list of the ones that faced the most changes are the Kansas City Royals. The team might have the last placement in AL Central as of now, but having Matt Quatraro as their new bench coach and the flurry of youngsters introduced through lineup changes might just change that future for the next season’s games.

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Then there’s the St. Louis Cardinals, who caused a massive wave of surprise by drafting legendary pitcher Sonny Gray. Although they still need a hitter before heading off to 2024, they’re certainly leaving no stone unturned to try to clinch a better league position next year. So are the SF Giants, who just handed off their biggest contract in 17 years for a $113 million deal.

Watch This Story: Shohei Ohtani’s Staggering Deal Continues To Break Records As NBA Star Michael Jordan’s Biggest Contract Falls Short In Front Of It

Giants locking down Korean star CF Lee Jung Hoo for the said deal on a six-year tenure only indicates one thing. The team will give their best fights in the next season’s games. Their brand new manager, Bob Melvin, is a legend on his own. Already equipped with three NL Manager of the Year awards, the contracts certainly make way for a bright reckoning in 2024.

Next up, a team already equipped with a promising lineup, the Atlanta Braves acquired Jared Kelenic along with a few other prospects to fill their deficiency in the outfield and infield. Now that that has been sorted out, they can step into the next season with the same vigor as this year’s World Series runner-up, the Arizona Diamondbacks!

The D-Backs had a spectacular season, and losing out to the Texas Rangers did not curb their hunger for success. They just signed Eduardo Rodriguez, adding depth to the already excellent pitching rotation. Their trade for 3B Eugenio Suárez is all set to upgrade their defense as well. However, none of these five teams, or any other, for that matter, can remotely be compared to the exhaustive flow of changes faced by the Dodgers.

Biggest deal in sporting history: Another star in Shohei Ohtani’s everlasting stardom

In the biggest move of MLB highlights of this offseason, the Boys in Blue changed the face of baseball by signing Shohei Ohtani. The man who is arguably deemed to be the best baseball player to ever exist in the world got on the team with an equally tremendous sports contract.

Even a year ago, a $700 million offer for a decade would sound like a fever dream to anyone weaving baseball dreams. Ohtani broke the fourth wall by not only clinching it but proving that an MLB star is more than what he brings to the diamond.

Read More: “Did Not Want to Handcuff..” – Superagent Nez Balelo Reveals Shohei Ohtani’s Selfless Act for LA Dodgers While Signing $700M Landmark Deal

Shohei Ohtani’s instigation for a deferred payment method in the massive contract made way for the team to realign their available resources to be spent on filling the still vacant posts. Not just that, the Unicorn has proved himself to be the bridge to cut down the distance between Japan and America, two of the greatest countries to rule baseball’s history, in a matter of years. That certainly paved the way for future legends like Yoshinobu Yamamoto to step into the U.S. with eyes full of secure dreams.

Juan Soto to Yoshinobu Yamamoto: Deals that made teams sweat

In yet another staggering move in the MLB highlights, the Dodgers locked down Yoshinobu Yamamoto this month on the biggest contract ever clinched by an MLB rookie. The offer that went down for $325 million for 12 years also set high expectations for teams outside the country. Yoshi’s NPB team, the Orix Buffaloes, received a posting fee of $50 million, the highest of its kind.

The Dodgers’ rival Yankees didn’t sit quietly while the Blue Crew was setting the offseason market ablaze, though.

As the last biggest move of the MLB highlights of this year, the Bronx Bombers went ahead and locked down their newest superstar, Juan Soto, in an unprecedented, blockbuster trade that cost them a few players to get a bright, bright future in return. Soto, who is projected to make $33 million for the next year via arbitration, has already spread a string of dreams around the Yankees’ fanbase.

Read More: Shohei Ohtani’s Endorsements: How the Two-Way Phenom Landed Some of the Biggest Brand Deals Among MLB Players

The team itself is looking forward to bringing back their former glory days. But what are the upcoming deals that are all set to transpire next year?

What’s next: Future deals that can decide the fate of 2024

The latest set of superstars who are still waiting to be picked off of the MLB offseason has legends like Blake Snell and Jordan Montgomery among them. While Cody Bellinger’s future may look uncertain, as of now, it can certainly be vouched that all three of them will get locked in for massive offers.

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Snell is predicted to receive a contract ranging anywhere from $122 million to $200 million for a tenure of five to seven years. He is currently being targeted mainly by the Angels and the Giants, among several other contenders.

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Montgomery, on the other hand, who is being pursued by teams like the Boston Red Sox and the Yankees, comes with a prediction of $140 million for six years. The costliest prospect of all three, Cody Love, comes with an asking price of $300 million, with clubhouses like the Chicago Cubs and the Toronto Blue Jays currently in the running for him.

The latest list of prospects also includes future trade and free agency prospects of players in the country like Corbin Burnes, Dylan Cease, and Luis Castillo, as well as the legendary ace from Japan, Shota Imanaga. Imanaga is all set to enter the MLB market after the New Year, at the same time when the supposed trades and contracts are expected to develop. The future of 2024 is already looking dazzling enough. So here’s to a bright and happy new year!

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Written by:

Shrabana Sengupta

676Articles

One take at a time

"Those who gaze outward dream, but those who turn inward awaken." A pro-writer for MLB EssentiallySports, I’ve been a fan of the New York Yankees since my school days. In my adolescent years, I was introduced to the iconic franchise through one of my beloved Friends characters, Joey.
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Edited by:

Arunima Bhanot