Babe Ruth signs a two-year contract with the New York Yankees for $160,000. At $80,000 per year, he becomes the highest-paid player of all time.

On March 8, 1930 — Babe Ruth signs a two-year contract with the New York Yankees for $160,000. At $80,000 per year, he becomes the highest-paid player of all time. The team’s general manager Ed Barrow predicts at the time that, “No one will ever be paid more.”

@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90YWdzIiwic2V0dGluZ3MiOnsiYmVmb3JlIjoiTGVhcm4gTW9yZSBhYm91dCB0aGUgdGVhbXMsIHBsYXllcnMsIGJhbGwgcGFya3MgYW5kIGV2ZW50cyB0aGF0IGhhcHBlbmVkIG9uIHRoaXMgZGF0ZSBpbiBoaXN0b3J5IGp1c3QgY2xpY2sgdGhlIHRhZ3MhICAiLCJhZnRlciI6IiIsImxpbmtfdG9fdGVybV9wYWdlIjoib24iLCJzZXBhcmF0b3IiOiIgfCAiLCJjYXRlZ29yeV90eXBlIjoicG9zdF90YWcifX0=@