The biggest news of Major League Baseball's offseason was Shohei Ohtani's record-setting $700 million, 10-year contract with the Los Angeles Dodgers. 

Equally unprecedented is that $680 million of it will reportedly be deferred and paid in equal installments of $68 million per year from 2034 through 2043. 

Although Ohtani's circumstances are unique, his contract announced in December illustrates reasons that other employers and employees may wish to defer compensation, though typically with smaller amounts at stake.

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