Apr 2, 2013, 9:37 AM EST
Graham Womack has a fun post over at The Hardball Times today: adjusting Hall of Famers’ top annual salary for inflation. The upshot: until extremely recently, most ballplayers made peanuts. Indeed, that inflation-adjusted $1.4 million for Ruth was actually the most anyone made for decades afterwards. The Sultan of Swat was pretty well-paid based on purchasing power of the time. Those who followed, not so much:
Many baseball greats had to play in the minors for years after they left the majors. It’s unheard of today for Hall of Famers, but players did it regularly in the first half of the 20th century whether it was 42-year-old Nap Lajoie hitting .380 in the International League in 1917 or Iron Man Joe McGinnity (who earned his nickname working in a steel foundry) pitching in the bushes until age 54. Others like Chief Bender and Wagner needed coaching jobs in retirement to escape the realities of the Depression. Grover Cleveland Alexander died alone in a rented room in 1950. While surely his alcoholism impoverished and isolated him, his top salary of $236,860 in 2012 dollars couldn’t have helped matters much.
It’s a fascinating post, not just for the list, but for the many references Womack cites which give a glimpse into the financial realities for even the best players on up through the 1970s.
There was a reason why Marvin Miller was given carte blanche by the players to go after the owners for a bigger piece of the pie. They had been getting crumbs for a century prior.
Nov 28, 2014, 10:47 AM EST
Barring some trades he’ll fill a middle relief role for the bullpen-rich Royals in 2015.
Nov 28, 2014, 10:15 AM EST
“Their interest in the lefty appears as much opportunistic as enthusiastic.”
Nov 28, 2014, 9:30 AM EST
It’s an artificial turf thing.
Nov 28, 2014, 8:15 AM EST
Won’t somebody think of A.J. Hinch’s children?
Nov 27, 2014, 9:20 PM EST
The AL Central seems to be particularly fond of free agent pitcher Justin Masterson.
Nov 27, 2014, 8:15 PM EST
The Padres have three worthy catchers and all of them are drawing trade interest.
Nov 27, 2014, 7:10 PM EST
Billy Butler, now with the Athletics, thanked Royals fans for an “amazing ride” in Kansas City.
Nov 27, 2014, 6:05 PM EST
A couple more options have appeared on the Marlins’ radar for an upgrade at first base.
Nov 27, 2014, 4:00 PM EST
Your one-stop shop for all of the offseason signings.
Nov 27, 2014, 10:15 AM EST
Martinez was passed over for the manager job in Tampa Bay.
Nov 26, 2014, 10:04 PM EST
Here’s the farewell Instagram post from third baseman Pablo Sandoval, who signed a five-year, $98 million free agent contract with the Red Sox earlier this week …
Nov 26, 2014, 8:18 PM EST
Jackson was limited to 11 minor league games in 2014 due to a right wrist injury that ultimately required surgery.
Nov 26, 2014, 6:43 PM EST
From FOX Sports’ Ken Rosenthal comes word that the Padres have shown interest in trading for Dodgers outfielder Matt Kemp …
Nov 26, 2014, 5:10 PM EST
The Dbacks were not in the picture until very recently. But better late than never.
Nov 26, 2014, 4:25 PM EST
Since there’s no such thing as a stupid question …
Nov 26, 2014, 3:58 PM EST
Don’t tell the people who like to hang out in the bleachers. They may not realize it, actually.
Nov 26, 2014, 2:30 PM EST
It sorta makes sense I guess, even if it never goes down.
Nov 26, 2014, 2:14 PM EST
Rodriguez was projected to make around $2 million via arbitration.
Nov 26, 2014, 1:40 PM EST
An intriguing scrap-heap pickup for the Rays.
Nov 26, 2014, 1:15 PM EST
This year he played at Triple-A for the Angels, hitting .332 with 25 homers and a 1.017 OPS in 95 games.
- Yasmany Tomas signs a six-year, $68.5 million deal with the Diamondbacks 86
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap 163
- Red Sox announce four-year, $88 million deal with Hanley Ramirez, DFA Juan Francisco 35
- The Cubs have offered Jon Lester “north of $135 million” 68
- Pablo Sandoval’s deal: five years, $98 million plus an option 43
- Kyle Seager, Mariners close to $100 million extension 26
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot 286
- So what would the Red Sox look like with Hanley Ramirez and Pablo Sandoval? 49
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot (286)
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap (163)
- More Hall of Fame ballots like Adam Rubin’s please (140)
- Report: Pablo Sandoval chose the Red Sox over the Giants because he felt disrespected (138)
- UPDATE: The Pablo Sandoval-Red Sox deal is done, pending a physical (133)