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Dodger Blue > Dodgers News > Dodgers Forfeit Picks From 2024 MLB Draft & International Bonus Money To Sign Shohei Ohtani
Dodgers NewsFeatured

Dodgers Forfeit Picks From 2024 MLB Draft & International Bonus Money To Sign Shohei Ohtani

Matt Borelli
December 20, 2023
3 Min Read
Rob Manfred, 2022 MLB Draft
Jayne Kamin-Oncea/USA TODAY Sports
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After weeks of speculation, Shohei Ohtani decided to sign with the Los Angeles Dodgers on a record-setting 10-year, $700 million contract.

The deal is the largest in professional sports history. Ohtani’s contract surpassed the MLB record that was previously held by former Los Angeles Angels teammate Mike Trout when he signed a 12-year, $426.5 million extension in March 2019.

Lionel Messi had the all-time sports record at $674 million he received from FC Barcelona.

Because Ohtani rejected the $20.325 million qualifying offer from the Angels for the 2024 season, the Dodgers are forfeited their second- and fifth-highest selections in the 2024 MLB Draft, along with $1 million from their international bonus pool money.

With Shohei Ohtani agreeing to a record deal with the #Dodgers, the #Angels would receive a comp pick before Round 3, and the Dodgers would forfeit their 2nd- and 5th-highest picks and $1 million from their international bonus pool.

Complete Draft order: https://t.co/JK64n6ECER pic.twitter.com/OiIrMdNw6U

— MLB Pipeline (@MLBPipeline) December 9, 2023

Meanwhile, the Angels are receiving a compensatory draft pick after the second round, in the range of No. 70 overall. The club would have picked in the fourth round had they not gotten under the luxury tax threshold during the 2023 season.

The Angels achieved this by allowing Lucas Giolito, Randal Grichuk, Dominic Leone, Reynaldo López, Matt Moore, and Hunter Renfroe to be claimed off waivers by teams in late August.

The Dodgers will make their first selection in the 2024 MLB Draft at No. 23 overall. The Cleveland Guardians were awarded the first overall pick for the first time in franchise history during the 2024 MLB Draft Lottery that was held last week at the Winter Meetings.

Dodgers react to Shohei Ohtani signing

Walker Buehler, Gavin Lux and Freddie Freeman were among the Dodgers who reacted to the news of Ohtani joining the team.

Have you subscribed to the Dodger Blue YouTube channel? Be sure to ring the notification bell to watch player interviews, participate in shows and giveaways, and stay up to date on all Dodgers news and rumors!

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TAGGED:2024 MLB DraftLos Angeles AngelsLos Angeles DodgersShohei Ohtani
ByMatt Borelli
Matt Borelli covers the Los Angeles Dodgers as a staff writer for Dodger Blue and holds similar responsibilities for Lakers Nation, a sister site with an emphasis on the Los Angeles Lakers. He also contributes to RamsNewswire.com and RaidersNewswire.com. An avid fantasy sports player, Matt is a former 2014 MLB Beat the Streak co-champion. His favorite Dodgers moment, among a list of many, is Clayton Kershaw's no-hitter against the Colorado Rockies in 2014. Follow him on Twitter: @mcborelli.
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