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Yankee’s Contract Signed by Babe Ruth Sells for $295K

Posted on February 23 2019

“You just can't beat the person who never gives up.”

-Babe Ruth

A historic 1932 Yankees contract signed by Babe Ruth sold at auction for $295,531 on Friday.  

The agreement, signed in the midst of the Great Depression, is special because the Bambino took a pay cut while the country was suffering through the economic disaster.

He’d been earning $80,000 per year for the previous two years, according to auctioneer RR Auction, but — with baseball gate receipts down 12 to 15 percent — he agreed to a $5,000 pay cut.

Bobby Livingston of the Boston auctioneer said, “It was the first time . . . since the day in 1914 when he signed for $600 per season that he had ever taken a cut in pay.”

Billionaire Collectibles

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