SACRAMENTO, Calif. (AP) — California Controller Malia M. Cohen wants Congress to change the tax code to cap deferred payments, a change that could ensure the state is owed more money from Shohei Ohtani. Cohen made the request four weeks after the two-way star and the Los Angeles Dodgers agreed to a record $700 million, … Read more
News of Shohei Ohtani’s record-shattering 10-year, $700 million contract with the Dodgers rocked the baseball world on Saturday, and the news on Monday could count as an aftershock. Multiple reporters detailed the extreme deferments in Ohtani’s mega deal, which will keep the contract as manageable as possible for the Dodgers and backload much of the … Read more
Packing containers of tablets produced by Teva Pharmaceutical Industries. Chris Ratcliffe | Bloomberg | Getty Pictures Drugmaker Teva Prescribed drugs agreed to pay $225 million in legal fines to resolve costs associated to cost fixing three medicines, together with a generic ldl cholesterol drug that it has agreed to divest, the U.S. Division of Justice introduced … Read more