On February 1, 1947, Commissioner A.B. “Happy” Chandler announces the creation of a pension plan for American and National League players. Players who have accumulated five seasons in the major leagues will receive $50 a month starting at the age of 50. For each year of additional service, a player will receive an extra $10 per month, up to a maximum of $100.
Subscribe to our Podcast
The Daily Rewind
on Apples Podcast | Spotify | Google | StitcherAnd connect with us wherever else you listen to Podcast and hangout!
All Time Greats -
Classic Ball Parks
All Time Teams
Boston Red Sox, Brooklyn Dodgers, New York Giants, New York Yankees, Chicago Cubs, St Louis Cardinals, search all teams