The scandal surrounding Ippei Mizuhara shocked baseball fans from the U.S. to Japan when the news broke in March.
Mizuhara will plead guilty to one count of bank fraud and one count of subscribing to a false tax return, the U.S. Justice Department announced. The bank fraud charge carries a maximum of 30 years in federal prison, and the false tax return charge carries a sentence of up to three years in federal prison.
The plea agreement says Mizuhara will be required to pay Ohtani restitution that could total nearly $17 million, as well as more than $1 million to the IRS. Those amounts could change prior to sentencing.