Word: multiyear
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Dates: during 1977-1977
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Most high quality players such as Fred Lynn, Joe Morgan, and Tom Seaver have signed multiyear contracts providing between $175,000 to $275,000 in actual annual salary. Given the tremendous revenues available to baseball franchises, these salaries are not unreasonable. Of course, other players of far less proficiency receive in excess of $100,000 per year. These men are cashing in on the owners' paranoia that all their players will desert for greener wallets. The wave they are riding will soon break when management realizes that .250 hitters are a dime a dozen, certainly not worth...
...seemed to have everything going for him. Playing a wisecracking Chicano hustler in an East Los Angeles garage, he starred in NBC's three-year-old hit series Chico and the Man. He had just signed a multiyear $1 million contract with Las Vegas' Caesars Palace. He was negotiating film deals with Warner's and Universal. He had filled in for Johnny Carson on the Tonight Show; more such appearances were in the works. And at the age of 22, he attained one of the highest status roles in show business when he performed for the incoming...