Skip to content

The Orioles to honor Jim Gentile before tonight's game

Aug 6, 2010, 9:13 AM EDT

As we mentioned last week, the stat police have figured out that Roger Maris was credited with one too many RBIs in 1961, thus putting him back into a tie with the Orioles’ Jim Gentile for the league lead with 141. In a nice gesture, the Orioles will honor Gentile — who is still alive and kicking at age 76 — before tonight’s game against the White Sox.

According to MLB.com, Gentile had a clause in his contract for that year which would have paid him $5000 for winning the RBI title. Can anyone do a quick interest calculation for me on that? Does the discovery rule or some legal concept I’ve forgotten allow him to make a claim on this despite it being 49 years ago?  These are the things I think about.

  1. BC - Aug 6, 2010 at 9:25 AM

    Assuming 5% interest over 49 years, $5000 then would be worth $54,607 today, assuming you round up the penny.

  2. Connecticut Mike - Aug 6, 2010 at 9:49 AM

    Do you know what the interest on that $50 comes to over fifty-three years? Six hundred and sixty three dollars and forty five cents. And that’s figuring conservatively at five percent interest, over fifty three years compounding quarterly. Or, if you put it into a ten-year t-bill…..

  3. Ditto65 - Aug 6, 2010 at 10:11 AM

    It’s 5 thousand, not 50.

  4. Old Gator - Aug 6, 2010 at 12:49 PM

    Not to stir up a hornet’s nest of political correctness or anything, but do you think they’d be honoring Gentile if he were Jewish?

  5. APBA Guy - Aug 6, 2010 at 1:22 PM

    Funny :)

Leave Comment

You must be logged in to leave a comment. Not a member? Register now!

Featured video

The Jon Lester-Yoenis Cespedes trade is a win-win
Top 10 MLB Player Searches