Steve Carlton becomes the highest paid pitcher when he signs a contract with the Phillies for a reported $165,000

Steve Carlton becomes the highest paid pitcher when he signs a contract with the Phillies for a reported $165,000

Steve Carlton becomes the highest paid pitcher when he signs a contract with the Phillies for a reported $165,000. The 28 year-old southpaw, last season’s unanimous Cy Young Award winner, will lose a league-leading 20 games this season after posting a 27-10 record in the previous campaign for the last place team.

The U.S. Standardization Board clears the way for Stan Musial to get a salary increase to $85,000

The U.S. Standardization Board clears the way for Stan Musial to get a salary increase to $85,000

1952 – The U.S. Standardization Board clears the way for Stan Musial to get a salary increase to $85,000. Prior to this relaxation of the rules, there was a wage freeze in effect due to the Korean War. Under the new rules, a team is free to raise individual salaries, as long as they do not exceed a complicated formula, based on total team salaries for any one year, from 1946 to 1950, plus 10 percent.

The Washington Post reports that Browns SS Bobby Wallace is the highest-paid player in either league at a salary of $6,500.

The Washington Post reports that Browns SS Bobby Wallace is the highest-paid player in either league at a salary of $6,500.

1907 – The Washington Post reports that Browns SS Bobby Wallace is the highest-paid player in either league at a salary of $6,500.