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
Nolan Ryan was the first MLB player, at any position, to sign a contract that paid $1 million a year -- doing so in 1979.
Shaquille o neale
NFL Hall of Famer John Elway holds many records in the league. One which he may not even realize he has is the fact that he was the first million dollar quarterback.
No, Pete Maravich never signed a million dollar contract during his playing career. He played in the NBA from 1970 to 1980, a time when player salaries were much lower compared to today's NBA. At the peak of his career, Maravich was earning around $300,000 per season.
Brett Favre had the first 100 million dollar contract in the NFL when the Green Bay Packers gave him a 10-year, 100 million dollar contract in 2001.That is a complete lie and whoever wrote that is just making that up completely from their head. If Brett Favre had a 10 year contract with the Packers in 2001, that means he would be there until 2011, which he left a while ago.....He retired and was on the reserve retired list for the Packers when his rights got traded to the New York Jets for a conditional draft round pick. When he retired from the Jets he asked for his release, and that is how he was able to sign a new two year contract with the Vikings.
Kirby Puckett
Well the first in baseball (and i think athlete) to have a one million dollar contract was nolan ryan.
John Elway
Brett Favre
I think it was Wilt Chamberlain, but I'm not sure. It was Moses Mallone who got the first 1 Million dollar contract for a year. I believe Pistol Pete got a Million Dollar contract over multiple years.
Kevin brown
Charlie Chaplin in 1918 :D
Shaquille o neale
Derek Sanderson was the first player EVER to sign a million dollar contract, however he didn't have the highest annual salary. The total worth of the contract was the most. For Example, A-Rod signed a 300 million dollar deal in baseball. If say Manny Ramirez signed a 2 year 65 million dollar deal, Manny would average more per season, while A-Rods total contract was more.
On November 19, 1979, Nolan Ryan became the first player to sign a contract for more than a million dollars per year. Richard Moss, Ryan's agent, helped negotiate a 4-year, $4.5 million dollar contract for the future Hall of Famer, making him the highest paid player at the time. Although most people would say the above answer is the official first one million dollar a year player, in actuality Pittsburgh Pirate Dave Parker was the first player to make one million dollars a year signing the contract a year prior to Nolan Ryan. The reason he isn't commonly cited as so is because the Pirates worded the contract in a way to make it look like he was making that much because they didn't want to be known as the first team to pay a player one million dollars a year
Dave Parker signed a million dollar contract on Jan. 1, 1979. Nolan Ryan signed his on a day in Nov. 1979, therefor Dave Parker was the first Million dollar a year ballplayer.
NFL Hall of Famer John Elway holds many records in the league. One which he may not even realize he has is the fact that he was the first million dollar quarterback.
No, Pete Maravich never signed a million dollar contract during his playing career. He played in the NBA from 1970 to 1980, a time when player salaries were much lower compared to today's NBA. At the peak of his career, Maravich was earning around $300,000 per season.