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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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