On February 17, 1971, future Hall of Famer Carl Yastrzemski signs a three-year contract with the Boston Red Sox worth $500,000. The deal is believed to be the largest in major league history. In 1970, Yastrzemski enjoyed one of his finest seasons, batting .329, with 40 home runs, 102 RBIs, and a career-high 23 stolen bases.
“I would not have signed a three-year contract,” said Yaz, “unless I got what I wanted.” What Yaz wanted was estimated at something over $150,000 annually. His three-year pact may be worth a total of $500,000, which would be about $167,000 each year. All Dick O’Connell, the Red Sox general manager, would say was that the pact made Yastrzemski “the highest-paid player in the American League.” National League stars Willie Mays and Bob Gibson are thought to be in the same salary range.
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