The Biz of Baseball has been updated with new content...
Recently we added a beta test version of a salary database that allows users to search against player name, league, team, etc. The data within it runs from 1985 to 2008, as well as historical salary data.
While it is interesting to know that, say, Babe Ruth made $20,000 his first year with the Yankees after being sold from the Red Sox, it doesn't paint a true picture as to what that means in today's dollars, based on inflation. For Ruth's $20,000 paycheck in 1920, it would be worth $216,330 in 2009.
We have now added a new column in the salary database that shows this information for each entry. The exception is salary before 1914. Since inflation data prior to that date is not available, all data before 1914 is shown with an inflationary figure based on 1914's calculation (see example of what Curt Flood's data looks lke below).
Whether it's Cy Young, or Willie Mays, you can now see some of what they made to play in Major League Baseball years before the reserve clause was removed.
Also, we are very close to getting complete Opening Day salaries for the 2009 season -- based upon the USA Today salary database (25 man rosters) -- into the system, as well. Look for an announcement, shortly.
To access this data, select the following link:
MLB Salary Database (beta)
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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