Baseball's Milestone Contracts

March 5, 1922: The Yankees sign Babe Ruth to a three-year deal for a record $52,000 per season. The Bambino made more salary headlines in 1930, when he became the first player to earn more money than the president: Ruth earned $80,000 to President Herbert Hoover's $75,000. When asked about it, Ruth replied, "What's Hoover gotta do with it? I had a better year than he did."