University of Wisconsin star slugger Rick Reichardt signs with the Angels. He receives the biggest bonus to that point, an estimated $200,000. The signing is one reason that the amateur draft is put into place to try to level the playing field and hold the line on bonuses.

On June 24, 1964 University of Wisconsin star slugger Rick Reichardt signs with the Angels. He receives the biggest bonus to that point, an estimated $200,000. The signing is one reason that the amateur draft is put into place to try to level the playing field and hold the line on bonuses.

Sources

Baseball Reference