It's normal practice. Any team can do the same. If Ohtani has agreed to defer $200M to be paid out after the contract terminates in 10 years, that $200M is worth $130M (guesstimating) today.
Not a loophole at all, but normal accounting practice. The deal is not 10/700, with the deferrals and accounting for the time value of money, the deal is closer to 10/600
I am 1000% sure Shohei is a Jay, and it will be announced tomorrow.
I don't care if BNS and Shi poo-poo'ed DodgersNation, that just tells me they want to stay on Ohtani's good side (the whole secrecy thing)
My optimistic take is that someone with the Dodgers, knowing Ohtani is signing with the Jays, in a fit of angst because carefully laid plans had failed, leaked the news. So let's be patient, Ohtani is ours.