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.
Source:
National Pastime