Sports
Commentary: Agent Nez Balelo 'wouldn't do anything different' with Shohei Ohtani's $700-million deal
The business of sports often is cloaked in secrecy. You can find out the salary of your favorite player, but how much money his team makes and how much money he makes off the field are the stuff of estimates, not public discourse.
Not on Thursday, though. Is Shohei Ohtani really making more than $100 million this year in endorsements?
Nez Balelo, the agent for Ohtani, did not hesitate.
“Absolutely,” Balelo said at Sportico’s Invest West conference at Intuit Dome.
Balelo is not, shall we say, Scott Boras. He does not embrace public speaking. So we dropped by to hear what Balelo had to say after the first full season of Ohtani’s record-breaking $700-million contract with the Dodgers.
The record did not last long. Juan Soto signed for $765 million with the New York Mets last winter.
And, because Ohtani deferred $680 million and Soto deferred $0, and because a dollar today is worth more than a dollar 10 years from today, the actual value of Soto’s contract is $765 million and the actual value of Ohtani’s contract is $460 million.
Regrets?
“Not at all,” Balelo said. “We wouldn’t do anything different. He won a championship. He went to the right team. Why would we do anything different? No regrets. Nothing.”
Not even about the Angels, the team with which Ohtani chose to play the first six seasons of his major league career. The Angels never posted a winning record with Ohtani, let alone won a championship.
They did, however, stand by their commitment to let Ohtani bloom as a two-way player, even after his first Cactus League season was so rough they fielded questions about whether they would demote him to the minor leagues.
“If we had to do it all over again today, we would have done it exactly the same way,” Balelo said. “We would have chosen the Angels back in the day. It was the right place, with the group and Mike (Scioscia) and the whole team over there. They gave him an opportunity. They stuck with him. He had a tough spring. It was the right home for him at the time.”
“The Dodgers are the right home for him now.”
It was with the Angels — and in particular in 2021, when Ohtani won his first most valuable player award — that he blossomed into what Balelo called a “global superstar.”
However, before the start of his final season with the Angels, Balelo and Ohtani decided there would be no talks about an extension.
“We knew we were going to exercise our rights to go into free agency,” Balelo said.
The Angels opted to try to win with Ohtani in 2023 rather than trade him for a desperately needed infusion of young talent. They were three games out of a playoff spot at the end of July and traded prospects for rental help, then finished 16 games out of a playoff spot.
Balelo would not say exactly how many companies Ohtani endorses but put the number in the “low 20s.”
“It’s not like I’m out there pounding the pavement and soliciting companies,” Balelo said. “After 2021 and 2022, we could have really gone crazy. That’s not who he is. He doesn’t want that.”
He is everywhere in Japan, in advertisements above street crossings and at the airport, on television and in magazines. He endorses shoes and skin care products, airlines and watches and so much more.
An electronic billboard spanning nearly a city block featured advertising starring Shohei Ohtani near the Tokyo Dome in March, when the Dodgers were in town to play the Chicago Cubs to open the season.
(Robert Gauthier / Los Angeles Times)
“We have to make sure we don’t overexpose him,” Balelo said.
Say what?
“We could probably have 40 or 50 deals,” Balelo said.
That $100 million in endorsement income enabled Ohtani to offer the Dodgers — and other free-agent finalists, including the Angels — the same deal: $700 million, with $680 deferred. The Angels declined. On Thursday, Balelo condemned what he called the “reckless reporting” of Ohtani’s alleged flight to Toronto to sign with the Blue Jays.
The Dodgers took the deal, promising to use the money they would not be spending on Ohtani right away to sign other players.
“They get it,” Balelo said. “They have the vision.”
Within two weeks of signing Ohtani, they had spent more than $450 million on pitchers Yoshinobu Yamamoto and Tyler Glasnow.
“He knew the marketing leg was doing extremely well,” Balelo said. “He knew it was not about the money. It was more about getting with a team that would appreciate him and understand him and allow him to develop as a two-way player.”
With Ohtani coming off his second elbow reconstruction, Balelo said he wondered whether teams might recruit him only as a hitter. As it turned out, he said, none made such an offer.
Balelo said he could have pursued deals of as many as 15 years, and maybe even longer, but Ohtani rejected those overtures. When his contract with the Dodgers expires, he’ll be 39.
“He just didn’t want to have the end of his storybook career tail off,” Balelo said, “and then in Year 13, 14 and 15: ‘Who is this guy? He can’t even run down to first.’”
That raises the possibility that Balelo already has negotiated Ohtani’s last playing contract, even though Ohtani is 30.
Ohtani already has won three MVP awards, all unanimously. He would have won a fourth if not for Aaron Judge breaking the American League home run record in 2022. No one besides Barry Bonds has won more than three.
So Balelo might not be done negotiating on Ohtani’s behalf after all. The Cooperstown marketing deals await but, fortunately for the Dodgers, not any time soon.
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The WNBA season has been in session for about a week, so it is far too early to make assumptions about teams. That doesn’t mean we won’t make them; it’s just too early to really believe it. I lost my first WNBA bet this season, so I’m hoping to avenge that loss here as the Sky take on the Mercury.
The Chicago Sky are one of the most poorly run franchises in basketball. They have had some great names on their team and only one championship to show for it.
Phoenix Mercury forward DeWanna Bonner shoots over Indiana Fever guard Aerial Powers in the first half at PHX Arena. (Rick Scuteri/Imagn Images)
There really isn’t a clear indication of what is wrong with the franchise, but they’ve never been able to retain their talent. Aside from Kamilla Cardoso, I can’t name a player on this team that they’ve actually drafted. They just seem to get good players and then show them the door.
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Even though they’ve had questionable front office decisions, they seem to have put together a solid team for this season – something I didn’t expect before the season started.
They are 2-0, which is too early to really say they are a good team. I also want to reserve judgment until they face a team with a longer history than last year. The Portland Tempo played their first-ever game against the Sky, and Golden State was good last year, but still is in just their second season of existence.
The Phoenix Mercury are actually considered one of the best franchises in the league. I’m sure there are issues that people have reported, but for the most part, they have good facilities, and people want to play for their team. They made it all the way to the WNBA Finals last season before falling to the Las Vegas Aces. This year, they are looking to restart that journey and see if they can win the last game of the year.
Phoenix Mercury guard Kahleah Copper dribbles the ball in the second half at CareFirst Arena in Washington, D.C., on July 27, 2025. (Emily Faith Morgan-Imagn Images)
It will need to come with some better play than they’ve shown through three games this year. They are just 1-2 for the year with a 0-1 home record. The lone win was a blowout victory over the Aces (a clear revenge game if we’ve ever seen one). Then they lost the next two games against Golden State and Minnesota. Losing to the Lynx wouldn’t be a problem, but they didn’t have Napheesa Collier, who still has an ankle injury.
I expect the Mercury to make some adjustments for this game. They haven’t looked very crisp to begin the year, but they’ve been strong on offense, averaging 87 points per game.
The Sky are going to keep relying on their offense to do just enough and their defense to lock in. The Sky do have an edge on the interior, so they can get buckets fairly easily down low. I like the over 166.5 in this game.
Chicago Sky guard Skylar Diggins chases the ball during the fourth quarter against the Golden State Valkyries at Chase Center in San Francisco, Calif., on May 13, 2026. (Bob Kupbens/Imagn Images)
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I also think it is worth betting on Kahleah Copper to go over her point total. Copper had two rough games before she broke out in the last game. Now she has the same sight lines and can attack the bigs from the Sky with her athleticism. Since going to Phoenix, she has scored 29, 7, 16, 25 and 28 points in five games against them.
For more sports betting information and plays, follow David on X/Twitter: @futureprez2024
Tom Harp has been coaching volleyball at Granada Hills High for so long that few remember he won a City Section championship as a co-head football coach with Darryl Stroh in 1987.
In the 1990s, he turned exclusively to coaching boys’ and girls’ volleyball, winning a combined 15 City titles and making 28 finals appearances. The top-seeded Highlanders will try to deliver a seventh Open Division championship on Saturday when they face West Valley League rival Chatsworth in a 4 p.m. final at Birmingham.
The league rivals split their two West Valley matches, with each going five games. Chatsworth knocked off 17-time champion Palisades in the semifinals. MIT-bound Grant Chang is Chatsworth’s 6-foot-6 powerful outside hitter.
All-City volleyball player RJ Francisco of Granada Hills shows off his hitting skills against Chatsworth.
(Craig Weston)
Granada Hills has RJ Francisco, who had 19 kills in a win over Chatsworth.
The Southern Section Division 1 final is Friday night, with Mira Costa taking on Loyola in a 7:30 p.m. match at Cerritos College.
Regional and state playoffs begin next week.
This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.
Sports
Cedric Alexander becomes new TNA X Division champion, crushing Leon Slater’s history-making attempt
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All eyes were on the Total Nonstop Action Wrestling (TNA) X Division Championship on Thursday night as Leon Slater looked to retain the title over Cedric Alexander and solidify himself as the longest-reigning X Division champion in the company’s history.
Slater knew a legacy was on the line as he looked to break a record set by Austin Aries. But he needed to pin Alexander twice in one match to retain the title. It was a steep mountain to climb as Alexander had been just as dangerous since he entered the company.
The match started off hot with Slater and Alexander trading blows to begin the match. But a quick-thinking Slater rolled up Alexander quickly for the first fall.
Cedric Alexander in the ring during NXT at the WWE Performance Center in Orlando, Fla., on Sept. 23, 2025. (Bradlee Rutledge/WWE)
Alexander was able to go on offense from there. He hit a nasty German suplex on the outside of the ring. He continued to work on Slater’s tweaked neck. He later hit a Lumbar Check to tie the match at 1-1.
Slater went deep into his bag. He hit an avalanche Styles Clash, which could have kept anyone else down. However, Alexander kicked out. Alexander was able to counter Slater’s high-flying abilities just for a moment and knocked him back out of the ring.
Alexander sent Slater into the steel steps, leaving him busted open. Alexander declared that he would be the “greatest” X Division champion. One brainbuster later, Alexander tried to pin Slater, but couldn’t get him down.
Alexander hit a Lumbar Check again, but Slater kicked out. Slater mustered up the last ounce of energy. A tilt-a-whirl slam set Alexander up for a swanton 450. Slater missed and Alexander hit another Lumbar Check, and then again.
Leon Slater enters the arena during NXT at the WWE Performance Center in Orlando, Fla., on Jan. 6, 2026. (Craig Melvin/WWE)
Alexander pinned Slater for the win, completely shocking the fans in Sacramento, California. It will be the first reign for Alexander and his first title of any kind in TNA.
Alexander is a reminder, at least for TNA, that “The System always wins.”
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Fabian Aichner appears
Fabian Aichner, formerly known as Giovanni Vinci, makes his way to the ring during WWE SmackDown at Golden 1 Center in Sacramento, Calif., on Sept. 20, 2024. (WWE/Getty Images)
Moments before TNA went off the air, the lights went out in the Sacramento Memorial Auditorium. Emerging from the darkness was Fabian Aichner.
Aichner stared down Alexander and appeared to name himself the next challenger for the X Division Championship. Aichner, known as Giovanni Vinci for much of his run in WWE, hadn’t really been seen or heard from in months since his departure from WWE.
Aichner wrestled under his real name for a stint in WWE before he came back as Vinci in June 22. He was with WWE until 2025. He was a two-time NXT tag team champion and an Evolve champion before it became a WWE brand.
Eric Young earns future shot at TNA World Championship
Eric Young outlasted nine other men in an over-the-top battle royal and earned a shot at Mike Santana’s TNA World Championship to start the show.
The match came down to him and Elijah after the latter was able to toss members of The System out of the ring while also avoiding Frankie Kazarian trying to get back into the match following his own elimination.
Young and Elijah came to blows on the apron, knowing that as soon as their feet touch the ground, they would be eliminated. Young grabbed onto Elijah’s hair to try to hang onto the moment. Elijah broke away with Young’s back turned to him. Elijah, however, didn’t account for his wide stance.
The TNA original kicked Elijah in the groin and pushed him down to the ground. Young won the match and received a shot to win the TNA World Championship in the future.
He also made clear that Santana was next on his list of people to wipe out as he did to Joe Hendry, EC3 and Ricky Sosa in weeks past.
“Mike Santana, you’re gone next,” he declared.
Mike Santana learns his next opponent
Mike Santana stands in the ring during NXT at the WWE Performance Center in Orlando, Fla., on Sept. 30, 2025. (Kevin Sabitus/WWE)
Mike Santana came out to address the crowd and praised Young for his efforts to help build TNA from the ground up.
“You better be coming with something different because while you may be someone who helped build this place, when it comes to the new era of TNA on AMC, I’m the guy. I’m the man. I’m the one who holds down the fort week after week as your TNA world champion.”
While Young might have earned a title shot, Daria Rae came out and revealed to the crowd that Steve Maclin was cleared to return to action following an injury at the hands of Santana.
Maclin will get a shot at Santana’s TNA World Championship next week on “Impact.”
Santino Marella also came out during the segment after he was “suspended.” He revealed that Indi Harwell re-signed with TNA.
Lei Ying Lee, Xia Brookside rivalry heats up
Xia Brookside attends the “Freelance” screening at Regal Waterford Lakes in Orlando, Fla., on Oct. 24, 2023. (Jose Devillegas/Getty Images)
Lei Ying Lee brought the TNA Knockouts Championship back home last week with a win over Arianna Grace. She addressed the crowd before being interrupted by her former best friend, Xia Brookside.
In all black, Brookside claimed she was already in Lei’s head.
“You’re such a fraud. I’ve destroyed you mentally, I’ve destroyed you emotionally, I’ve destroyed you physically, and that title will be around my waist.”
Both competitors tossed expletives at each other before the segment was over. But Brookside made clear that she had her eyes on the title.
AJ Francis prevails over KC Navarro
A.J. Francis told Fox News Digital before the SacTown Street Fight on “Impact” that he was going to bring the pain to Navarro.
While wearing “Show Stealer” across his back, Francis did just that. Francis took some punishment from Navarro – a few shots from a baseball bat and a drop kick with a trash can.
Francis was able to turn the tide for a few moments, using the baseball bat to his advantage. But Navarro dug deep. He aligned six chairs in the ring, hoping to splash Francis through it. Instead, Francis countered and attempted an avalanche Down Payment. Somehow, Navarro countered with a cutter as both men crashed through the sea of chairs.
It looked like it could’ve been it. Navarro went for the pin, but only got a two count.
Francis turned on the heat from there. He got ahold of Navarro and hit a Down Payment through tables lined up on the outside of the ring.
He rolled Navarro back into the ring and picked up the pinfall victory.
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“Impact” match results
- Eric Young wins the 10-man battle royal to earn a shot at the TNA World Championship.
- A.J. Francis def. KC Navarro in a SacTown Street Fight.
- Rosemary and Allie def. Veronica Crawford and Mila Moore
- Cedric Alexander def. Leon Slater to win the X Division Championship.
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