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Catfish Hunter had the first multi-million dollar major league contract. Peter Seitz, Baseball's arbitrator, found that Hunter's contract was breached and declared Hunter a free agent. As one of the top pitchers of the game, he was free to sign with any team he wished. Over 20 teams sought his services and ultimately Hunter signed baseballs' first multi-million dollar contract. His five-year $3.25 million deal with the New York Yankees included a $1 million signing bonus, life insurance and deferred compensation and a $150,000 annual salary. Source: Mark's Sportslaw

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17y ago

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Q: Who had the first million dollar contract in baseball?
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