[yanks87]

Originally Posted by Casey2296

In 1997, the MLB executive council created a payment plan for about 85 black players who didn’t play in the majors long enough to qualify for a pension, or who did not have the opportunity to play in the majors at all. To be eligible for their payments, the black players had to either play in the Negro Leagues for at least one season before 1948 or play a combined four years in the Negro Leagues and the major leagues before 1979.

The price tag associated with this magnanimous gesture? It amounted to annual payments of between $7,500 and $10,000 per player. That future got even brighter for the veterans of the Negro Leagues in 2004, when MLB agreed to make payments to more of these ballplayers on the grounds that baseball had not been totally integrated until 1959, when the Boston Red Sox became the last team to field a black player.

The terms of the agreement weren’t exactly the same as with the 1997 group of ex Negro Leaguers. Players who never played in the major leagues were given the option of electing to choose pensions totaling $375 per month ($4,500 annually) for life or $10,000 a year for four years.

Great info, thank you for sharing. Do you happen to know what compensations would look like for similar parameters in the same years for MLB players?