Negotiamini Media
Truth is Powerful

Thursday’s On Deck Circle for March 4, 2021

4

Shelby Weldon/Photo by Ezra Shaw/Getty Images Hello and welcome to On Deck Circle for today, Thursday, March 4, 2021 .

Your need to read time today is 90-seconds. Today’s LGBTQ Sports History Highlight:

On this day in 1927, Babe Ruth became the highest-paid player in MLB history when he signed a 3-year contract with the New York Yankees for a stunning $70K per season.

Compare that to Mookie Betts’ blockbuster, record-setting 12-year $365M contract, which pays him roughly $30M a year, or 434 times what The Big Fella earned. Now, I was told THERE WOULD BE NO MATH, but $100 in 1927 is equivalent in purchasing power to about $1,503.34 today , meaning Ruth’s salary was about $1M a year in today’s dollars.

So, what’s the LGBTQ connection, you ask? Well, a 2015 survey found LGBTQ sports fans and other consumers spend at least 5% more each year than the average retail consumer. Which goes to prove, um, well, that if Babe Ruth had a gay agent in 1927, maybe he’d have negotiated an even better deal. Yeah, that’s the ticket. The New York Times Jacob Ruppert, left, owned the New York Yankees and paid Babe Ruth $70,000 in 1927. This […]

Click here to view original web page at www.outsports.com

Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More