
Paul L. Caron
Dean
Pepperdine Caruso
School of Law

In advance of tonight’s highly anticipated game seven between Major League Baseball’s Los Angeles Dodgers and the Toronto Blue Jays, it’s worth revisiting the economic and tax implications of baseball superstar Shohei Ohtani’s massive contract. Will Ohtani (and his highly structured deal) be the difference-maker tonight?
Although market indicies currently are near record highs, MarketWatch notes that “about half of the [Russell 3000]’s constituents are still down year to date.” Coupled with significant market volatility during 2026, this landscape foreshadows the potential for a greater volume of tax-loss harvesting as year-end approaches. Jamie Chisholm, History Shows This Year’s Stock-Market Losers Are