Blake Snell has officially signed a five-year contract worth $182 million with the Los Angeles Dodgers, marking a significant addition to their roster as reigning World Series champions.

Snell, a two-time Cy Young Award winner, had a solid season with the San Francisco Giants, achieving a 3.12 ERA and throwing a no-hitter. His contract includes a hefty signing bonus and deferred payments, benefiting from tax advantages due to his residency.