New Year’s Eve of 1974, that baseball changed forever. That was the day that Jim "Catfish" Hunter left the Oakland A’s after an arbitrator named Peter Seitz ruled that the A’s had violated Hunter’s contract by not paying him money he was owed.
In that moment, Hunter -- one of the great pitchers of his time -- became baseball’s first free agent. Ring out the old. Ring in the new.
Hunter signed with the Yankees on a
five-year, $3.25 million contract.
In todays money.........his contact would equal.........5 years, $20 million..............or 10 years $40 million.