It was fifty years ago today- Tuesday February 25, 1969- big news in baseball. Baseball owners agreed to increase their contribution to the newly revised pension plan for the players-changing the players ability to qualify from five years to four with the minimum age being lowered from fifty to forty-five to receive benefits. The players would also receive a percentage of the revenue generated by televised games.
How times have changed- in 1969 the minimum salary a major league baseball player made was $10,000 that was basically what a rookie would make. The average salary in the league was $24,909. The highest played player in baseball was the great Willie Mays who made $135,000. In 2018 the minimum salary was $545,000 and the major league average was $4, 252,000. The highest paid player in the game is also the best- the Los Angeles Angels- Mike Trout made $34,100,000 in 2018