Apr 2, 2013, 9:37 AM EDT
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.
Jul 31, 2014, 8:11 PM EDT
Cliff Lee just missed two months with a flexor pronator strain and now he’s hurt again.
Jul 31, 2014, 7:45 PM EDT
Yoenis Cespedes t-shirt night is a little awkward now that he’s with the Red Sox, but the Athletics are going ahead with the giveaway anyway.
Jul 31, 2014, 6:58 PM EDT
For some reason, FOX 13 in Tampa Bay thought it was a good idea to make a classless joke about Detroit to console Rays fans following the David Price trade.
Jul 31, 2014, 6:16 PM EDT
Matt Cain’s ulnar collateral ligament has checked out fine, but he’s dealing with “loose bodies” in his throwing elbow and it’s unclear when he’ll pitch again.
Jul 31, 2014, 5:28 PM EDT
Once upon a time Andy Marte was one of the best prospects in baseball. He cracked Baseball America’s top 15 list in 2004, 2005, and 2006.
Jul 31, 2014, 5:15 PM EDT
You happy, Philly?
Jul 31, 2014, 4:52 PM EDT
The Braves get their lefty and a venerable super sub. The Cubs get an interesting catching prospect.
Jul 31, 2014, 4:46 PM EDT
Shortly after acquiring Stephen Drew and Martin Prado in separate trades this afternoon the Yankees announced that starting second baseman Brian Roberts has been designated for assignment.
Jul 31, 2014, 4:30 PM EDT
Some pitching heading Miami’s way.
Jul 31, 2014, 4:20 PM EDT
All month the assumption has been that the Twins would either sign Kurt Suzuki to a contract extension or trade the 30-year-old impending free agent in the middle of his career-year.
Jul 31, 2014, 4:16 PM EDT
A super sub at heart who can and will be used at multiple positions by the Yankees.
Jul 31, 2014, 4:15 PM EDT
Recapping all of Thursday’s dealings in one spot.
Jul 31, 2014, 3:59 PM EDT
How committed are the Red Sox to blowing up the roster? They just made a trade with the Yankees–the Yankees–sending shortstop Stephen Drew to New York just 39 games after re-signing him to a $10 million deal.
Jul 31, 2014, 3:55 PM EDT
With Price in town, a guy who one the AL MVP and Cy Young Award a couple of years ago is now the TIgers fourth starter.
Jul 31, 2014, 3:40 PM EDT
In search of infield help with Ryan Zimmerman on the disabled list again, the Nationals have acquired switch-hitting shortstop Asdrubal Cabrera from the Indians in exchange for minor leaguer Zach Walters.
Jul 31, 2014, 3:19 PM EDT
Drip . . . drip . . . drip . . .
Jul 31, 2014, 3:13 PM EDT
This morning the Red Sox were reportedly close to trading left-handed reliever Andrew Miller to the Tigers, but that deal apparently fell through because now Jerry Crasnick of ESPN.com reports that Miller has been sent to the Orioles.
Jul 31, 2014, 2:21 PM EDT
A lefty masher is having a down year, but he can help out in Seattle.
Jul 31, 2014, 2:14 PM EDT
Parra’s offensive production has dropped off this season, falling about 50 points compared to his career norms, but he remains an excellent defensive corner outfielder capable of handling center field if needed.
Jul 31, 2014, 1:53 PM EDT
Tea leaves are fun.
- Cliff Lee exits start with apparent arm injury 0
- 2014 Trade Deadline Tracker 46
- ACES GALORE: The Rays trade David Price to the Tigers 125
- Red Sox trade John Lackey to Cardinals for Allen Craig and Joe Kelly 88
- The Lester trade is a win-win 112
- Jon Lester, Jonny Gomes heading to Oakland for Yoenis Cespedes 164
- The State of the Trade Deadline: Yesterday was pretty sleepy. Will general managers wake up today? 40
- Cardinals acquire Justin Masterson from Indians 49
- “Caucasians” t-shirts are hot sellers on Canadian Indian reservations (199)
- Jon Lester, Jonny Gomes heading to Oakland for Yoenis Cespedes (165)
- ACES GALORE: The Rays trade David Price to the Tigers (126)
- Rangers’ retirement gifts for Derek Jeter: Yankees cowboy boots, signed George W. Bush photo (124)
- The Lester trade is a win-win (112)