The baseball superstar seems to be boosting the share prices for corporate sponsors like Mitsubishi and Seiko.
Shohei Ohtani, who’s elite pitching and batting have earned him comparisons to Babe Ruth, inked a 10-year, $700 million contract with the Los Angeles Dodgers this weekend.
It’s the largest in baseball history by more than $250 million — and it seems to be having an impact on Japan’s stock market.
The hefty contract for the 29-year-old — who just secured his second MVP award in the American League — appears to be pushing the share prices of several corporate sponsors higher, as Bloomberg first reported.
