In professional sports, long-term contracts are good for players and short-term contracts for clubs. It is good in that players can be stable without worrying about contracts, and clubs can maximize their skills through motivation every year.
It is a long-term contract since the free agent was introduced. Before free agency is introduced, it is an unconditional one-year contract. Prior to the 1966 season, he did not join spring training after becoming dissatisfied with salary negotiations between Los Angeles Dodgers mound duo Sandy Koufax and Don Drysdale. In the 1965 season, Koufax won his second Cy Young Award with a 26-8 record with a 2.04 ERA. Drysdale went 23-12 with a 2.77 ERA. His 42 starts were the most appearances for the fourth consecutive year.
At the time, they hired an uncommon lawyer. He asked for an initial multi-year contract of three years and $1 million. The two filmed the film without joining Vero Beach. At the time, public opinion sided with Koufax and Drysdale. Dodgers owner Walter O’Malley had a reputation as the miser of the world. At that time, the highest annual salary was SF Giants outfielder Willie Mays with $125,000,000 (equivalent to $1,040,000 today). In the end, Koufax signed for $125,000 and Drysdale for $110,000 to join the final week of spring training.
Recently, it is a trend to sign a long-term contract and turn it into a free agent jackpot long-term with an opt-out after one or two or three years. In the FA market this year, all big fish are long-term contracts.
New York Yankees outfielder Aaron Judge, 9 years, $360 million, Philadelphia Phillies shortstop Trey Turner, 11 years, $300 million, San Diego Padres Xander Bogarts, 11 years, $280 million, SF Giants Carlos Corey, 13 years, $350 million all. If a long-term contract of more than 10 years is not successful, the club’s finances will be staggered. In 2001, the Texas Rangers changed their ownership after shortstop Alex Rodriguez signed a 10-year, $252 million contract due to poor performance and a decrease in spectators.
The first 10-year, longest contract in MLB history and the highest amount is outfielder Dave Winfield (a member of the Hall of Fame). On December 15, 1980, New York Yankees owner George Steinbrenner signed 29-year-old former San Diego Padres free agent Dave Winfield to a massive 10-year, $23.3 million contract. At the time, a cartoon in the newspaper featured a bank president asking Winfield for a loan. It was a breakthrough in MLB salary history.
Winfield, 198cm, was an all-around player who was drafted in basketball, football, and baseball when he left the University of Minnesota. He was traded to the California Angels in 1990 after failing to complete his 10-year contract with the Yankees. He was mocked as ‘Mr. May’ for being weak in the postseason.
After Winfield’s contract, a very large contract broke out in the NBA. Six months later, Los Angeles Lakers owner Jerry Buss signed point guard Magic Johnson to a 25-year, $25 million contract. $1 million annual salary. It is an existing contract, which starts in 1984 and expires in 2009. The Magic defeated Julius Irving’s Philadelphia 76ers with 42 points, 15 rebounds and 7 assists in Game 6 of the Finals in 1980, when rookie center Kareem Abdul-Jabbar missed due to an ankle injury, and won the championship.
In the 1980s, the sports market was small, so an annual salary of 1 million dollars and a total of 25 million dollars was very large. Golden State Warriors Stephen Curry’s annual salary for the 2022-2023 season is $48.07 million. In the NBA, contracts with existing teams are currently limited to a maximum of 5 years, and contracts with other teams as free agents are limited to 4 years. 메이저놀이터
MLB’s current longest contract is San Diego Fernando Tatis Jr.’s 14-year, $340 million contract. Active players with contracts of 10 or more years include Joey Votto (Cincinnati Reds), Manny Machado (San Diego), Corey Seager (Texas Rangers), Francisco Lindor (New York Mets), and Winter Franco (Tampa Bay Rays), Xander Bogarts (Tampa Bay Rays). San Diego), Trey Turner (Philadelphia), 11 years, Mike Trout (LA Angels), Mookie Betts (LA Dodgers), Julio Rodriguez (Seattle Mariners), etc. 12 years, Bryce Harper (Philadelphia), Carlos Corea (SF Giants), etc. 13 years.
Along with the successful long-term contract, another point to watch is who can enter the Hall of Fame.