What's happened
Shohei Ohtani's historic contract with the Los Angeles Dodgers is impacting Japan's stock market and generating widespread excitement in his hometown.
Why it matters
The record-breaking contract and its impact on the stock market demonstrate Ohtani's immense influence and popularity, both in the sports world and in his home country. It also highlights the growing global reach of baseball and the significance of international players in the sport.
What the papers say
Business Insider UK reports on the impact of Ohtani's contract on Japan's stock market, while South China Morning Post provides insights into the widespread excitement and celebration in Ohtani's hometown in Japan.
How we got here
Shohei Ohtani, known for his exceptional pitching and batting skills, secured his second MVP award in the American League, further solidifying his status as a baseball superstar. His record-breaking contract with the Los Angeles Dodgers has generated significant attention and excitement.
More on these topics
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Japan is an island country of East Asia in the northwest Pacific Ocean. It borders the Sea of Japan to the west and extends from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south.
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Shohei Ohtani, nicknamed "Sho Time", is a Japanese professional baseball pitcher and designated hitter for the Los Angeles Angels of Major League Baseball.