Giants' $700M offer to Shohei Ohtani nearly identical to Dodgers'

SAN FRANCISCO -- The San Francisco Giants made three offers to Shohei Ohtani, including a final proposal that president of baseball operations Farhan Zaidi called "very comparable if not identical" to the record $700 million, 10-year contract the Japanese two-way star agreed to with the rival Los Angeles Dodgers.

Ohtani spent two hours with the Giants for a ballpark meeting with Zaidi, Greg Johnson, former catcher Buster Posey and new manager Bob Melvin on Dec. 2. Zaidi said San Francisco increased and adjusted its offers to meet Ohtani's requests.

"The proposal that was made was very comparable if not identical to what he wound up agreeing to," Zaidi said during a conference call Tuesday. "We offered what would have been the biggest contract in major league history. I'm guessing we weren't the only team that did that. But wanted to show our aggressiveness and interest right out of the gate."

Zaidi said it might have been helpful to be able to take Ohtani around the San Francisco area to check out neighborhoods and real estate, but the meeting was restricted to Oracle Park to prevent Ohtani from being spotted.

When the Giants got the sense Ohtani seemed to want to stay in Southern California, Zaidi said there was a realization it might be a hard agreement to make happen despite the proposed financial commitment.

"And then we knew that would be a challenge for us," Zaidi said.

San Francisco's executives hadn't heard anything back from Ohtani's representatives by Saturday morning, a few days after the club's latest offer. That became concerning to the Giants as the team waited for the player to make his choice.

Ohtani ultimately chose to leave the Angels -- where he'd played since 2018 -- and sign with the Dodgers, with the team announcing the deal on Monday.

The Giants missed out last offseason on Aaron Judge and then decided not to finalize a $350 million, 13-year agreement with shortstop Carlos Correa after concerns arose from his physical dating to a 2014 surgery on his right leg.

When asked to specify whether the Giants' proposal was nearly equivalent to what Los Angeles offered, Zaidi noted: "Structure and total compensation, yes." He was given the indication all of Ohtani's offers were "in the similar range" by the end and the Giants tried to stay in contact to see what they might do to better their position in the pursuit.

Zaidi called it "an usual deal," given the significant deferred money involved.

"I think we at certain points felt really good about our chances, at other points, as you always do, you have some questions or doubts because you know it's very competitive," Zaidi said.

"We felt like we pulled a number of levers to try to make things happen and there were ways in which I think we were disadvantaged just in terms of player preference, geography in particular, that the end of the day this is sort of what free agency is.

"It comes down to a choice for a player -- and when you're talking about a generational player -- is going to have great choices and probably be able to check just about every box he's looking for."

Information from The Associated Press was used in this story.