Student swapping across public flagships is America’s most expensive game of musical chairs, Ryan Craig writes. As we enter June, sports fans will soon stop hyperventilating. Months of Stanley Cup and NBA playoffs will mercifully yield champions. After that, it’s just baseball, the only professional sport that runs at summer pace.
This Day in Yankees History: The strangest trade in sports history
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Welcome to the relaunched This Day in
Yankees History. These daily posts will highlight two or three key moments in Yankees history on a given date, as well as recognize players born on the day. Hope you enjoy this trip down memory lane with us!
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99 Years Ago
Going into his age-27 season, Yankees superstar Babe Ruth officially became the highest-paid player in baseball, signing a three-year contract worth $52,000 per season, or the modern-day equivalent of roughly $800,000. Although that looks low relative to modern contracts, his salary was more than twice the second-highest contract in history to that point and represented 40 percent of the player payroll (for context, the equivalent sum on the 2021 Yankees’ payroll would be $81.6 million).