Ending his holdout, Lou Gehrig, who had originally asked for $50,000, agrees to sign with the Yankees for $36,000 and a $750 signing bonus. The new deal for the Bronx Bombers’ first baseman, last season’s American League MVP, makes him baseball’s highest paid player.

On March 18, 1937 — Ending his holdout, Lou Gehrig, who had originally asked for $50,000, agrees to sign with the Yankees for $36,000 and a $750 signing bonus. The new deal for the Bronx Bombers’ first baseman, last season’s American League MVP, makes him baseball’s highest paid player.

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