Contracts In Baseball History

Professional baseball has become an increasingly expensive sport, and the largest contracts in baseball history have been negotiated in just the past few years. Records for the large contracts continue to be broken, in some cases by the same player, as is the case with Yankee Alex Rodriguez, who currently holds the largest contract in baseball history, worth over 200 million dollars. An impressive handful of contracts in baseball history have earned players over 100 million dollars. In fact, baseball contracts worth many millions of dollars are becoming common in the world of baseball, with even the most average player managing to secure a few million dollars in salary and other bonuses. Critics of the game argue that baseball contracts have become too bloated, and the players are simply not worth the huge amounts of money paid to them. The reports of illegal steroid abuse among players which have surfaced recently only add fire to the arguments of those who feel baseball players are grossly overpaid.

Fast Facts

  • Only 5 major league baseball teams in 2005 spent $48 million or less on their payroll.
  • The first players union in professional baseball, called the Brotherhood of Professional Base Ball Players, was formed in 1885.

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