Izenhart wrote: thatguy27 wrote:
Syfo-Dyas wrote:He was traded for $100.000 in 1919.
Economy cost projects that $100.000 is $19.300.000 today.
Im sure some of the mathguys can calculate their cost/value.
True, it was a ton of money, but if you consider the paths the two franchises took after the trade and the fact that Ruth is widely considered the best baseball player of all time, and certainly the most popular, it was immensely lopsided even given the large sum.
Ya but back then even with inflation there were no 20 million dollar a year ballplayers. I'd wager the highest payed player in relation to today was making about 2 mil. So 10 seasons of the best player in baseball is what they were paying for just to get him. 20 seasons if you count what they ended up paying Ruth on top of it all. Inflation doesn't give a sense of it's real worth at the time in relation to the game. It would be like someone dropping 150 million overseas to land a big time player in today's game.
Good points. But if we consider that the $100,000 didn't actually benefit the Red Sox, but was instead used to produce a Broadway musical, it seems pretty damn lopsided. The Red Sox baseball team essentially got nothing. The Red Sox owner got a crappy musical. And the Yankees got arguably the greatest baseball player ever and went on to become perhaps the most successful sports franchise of all time. Perhaps the Yankees would have succeeded without Ruth, but alas we'll never know. All we know is that after the trade, the fate of the two franchises went in vastly different directions. I don't think you can put a price on the success that the Yankees had post-1919 and have enjoyed pretty much ever since.