Babe_Ruth_&_John_McGraw,_New_York_NL_(baseball)_LCCN2014716573

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.

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.