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.
Last week it was widely speculated that Shohei Otani, the highly-touted Japanese pitcher/designated hitter who stars for the Nippon Ham Fighters, would not come to the United States to play due to changes in the new Collective Bargaining Agreement. The upshot: the new CBA caps money available to international free agents under age 25 at $5-6 million and Otani, 22, would be worth way more than that, so why take the pay cut?
Now, however, Jeff Passan of Yahoo reports that the Fighters are set to post Shotei Otani following the 2017 season. Passan says that his sources have told him that there are potential ways around the limit on spending for under-25 players like Shohei Otani and he links a Japanese article from Sponichi which says the Fighters would post him after the 2017 season.
It’d be interesting to see what that loophole is. Without knowing the exact terms of the CBA on this score it’s impossible to know, but one possibility is that there are different rules applicable to those with professional experience in other countries as opposed to amateur free agents.
Whatever the case, the notion that we could see Otani in the U.S. at age 23 or 24 is pretty exciting.
Jim Salisbury of CSN Philly reports that the Phillies are close to signing free agent reliever Joaquin Benoit. An announcement is expected before the winter meetings end on Thursday.
Benoit, 39, has quietly been among the better relievers in baseball over the past seven years. This past season with the Mariners and Blue Jays, the right-hander put up an aggregate 2.81 ERA with a 52/24 K/BB ratio in 48 innings. That included a 0.38 ERA in 23 2/3 innings after the Jays acquired him from the Mariners.
Benoit suffered a torn calf muscle during a benches-clearing brawl with the Yankees near the end of the regular season. He’s expected to be healthy for spring training.
The Phillies have now added three relievers this offseason with Benoit, Pat Neshek, and David Rollins.