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catfish hunter contract

It didn’t take long for the $1 million predictions to be blown from the water. Catfish had won 106 games over the previous five years and had just been voted the American League’s best pitcher and was still only 28 years old. Just a few months later, however, the Owner purchased the Memphis Pros of the American Basketball Association, supplementing the hockey team he had already acquired, the NHL’s California Golden Seals. Not only had the period passed, Hunter said, but Finley never even bothered to respond. For the first time since the 1870s, a major league player was free to offer his services to the highest bidder. Amid the fervor for the pitcher’s services, he was supplicating himself—or coming as close to it as he knew how. While the union of baseball’s most famous team and perhaps its most famous pitcher was intriguing enough, the price tag was the true headline: A five-year deal worth about $3.2 million, along with a $1 million signing bonus. The Royals weighed in with $137,500 per year for six years, money for the farm, college tuition for Hunter’s kids, and a figure that nearly got the pitcher to sign on the spot—$50,000 a year for life. Finley was on the hook for the outstanding $50,000, plus interest, for Hunter’s services in 1974, and because he had not fulfilled the player’s contract, it was theretofore terminated. He was tired of the hour-long drive into Ahoskie, not to mention that the baseball season ended two months earlier and he hadn’t so much as dusted off his hunting rifle. . Before seeing Cherry, however, he stopped at the Tomahawk Motel to meet Kluttz for a cup of coffee. But on Dec. 31, 1974 the future Hall of Famer traded in his bright yellow A’s uniform for Yankee pinstripes, after a dispute over a technicality in his contract with A’s owner Charles O. Finley. The Red Sox, Angels, Pirates and Mets had outside chances. In January 1970 Oakland A’s owner Charlie Finley loaned 23-year-old pitcher Jim “Catfish” Hunter $150,000 to buy a 485-acre farm adjacent to his existing property in North Carolina. Hunter listened, and never spent a day in the minors. Miller had been following the dispute closely, and recognized that Finley’s breach of contract represented a chance to take Hunter’s case to a neutral arbitrator. From that point on, every deal Hunter made with Finley was extensively documented, with signatures from each party in all the appropriate places. Hunter’s contract with the A’s was straightforward. "That was … The Owner went out of his way to invest money for Catfish, generating an after-tax profit of $15,000 in 1972 alone. “I bought the whole town of Ahoskie drinks last night, and it only cost me two dollars.”. When Kluttz called his wife, Wayne, from the airport to tell her that he and Paul were homeward bound, she surprised him with instructions to stay put. Hunter would lead them to three consecutive pennants and back-to-back World Series titles in 1977-78, restoring the Bronx Bombers to the top of the baseball world. “You know Jim and he knows you. But the document in question was the only contract Hunter had. Finley’s bombardment peaked in August. Catfish Hunter Stats, Fantasy & News. That is exactly how Cherry wrote the addendum: $50,000 per year, to be paid at regular intervals through the season, and $50,000 disbursed to an entity of Hunter’s choosing. On Feb. 11, 1974, Hunter agreed with Finley on a two-year deal at $100,000 per—only the second multiyear contract the Owner ever awarded. “Mr. After further persuasion from Miller, Seitz spelled out a remedy in his ruling: Hunter would become the first free agent in baseball’s modern era. You talk to him once more.” So Kluttz did exactly that. If it was not valid, that meant Catfish had been pitching contract-free, which would make him a free agent. On Dec. 18, Kuhn, seeing no other option, lifted his moratorium. “Seitz was a perceptive, acute man. “I was probably the first player who broke it open for other players to be paid what they're worth,” Hunter said. He’d always wanted to earn six figures, and when Finley made the offer it seemed just fine. The 1996 Bosman ruling which permits European footballers total freedom at the end of their contracts is a linear descendant of Catfish Hunter's ground-breaking case. The youngest son of eight children, Hunter was born and raised in Hertford in northeast North Carolina. “If you come to San Diego,” he barked into the telephone, “you can write your own check.”, Bavasi was informed that at that very moment Hunter was heading out the back door, to the airport and New York City. “(California Angels owner) Gene Autry came down here handing out records of ‘Rudolph the Red-Nosed Reindeer,’” Hunter said. Joked Burke, “Well, we won’t have to worry about that, will we? Tenace spent the ensuing days humming “If I Were a Rich Man” around the clubhouse. Jan. 5 After intense bidding by 23 baseball clubs, Jim "Catfish" Hunter signed a new 5-year contract with the New York Yankees for $3.75 million. As soon as the season ended Hunter raced home to arrange for a second loan to cover the first, but gave up when a boundary-line dispute delayed the proceedings. I believe there was a higher offer, but no matter how much money offered, if you want to be a Yankee, you don’t think about it.”. Nineteen-year-old Catfish Hunter was a fireballing, can’t miss, right-handed phenom whose nickname was ready-made for memorable headlines. I didn't realize the implications.”. Use of this website (including any and all parts and components) constitutes your acceptance of these, Dynastic, Bombastic, Fantastic: Reggie, Rollie, Catfish, and Charlie Finley’s Swingin’ A’s. Finley preferred emphasizing Hunter’s 14 losses and his extreme reliance on closer Jim “Mudcat” Grant, who had rescued eight of Catfish’s wins with late-inning relief work. That was moment that George Steinbrenner became relevant to baseball’s landscape, and that Charles O. Finley became an afterthought. One was that Finley, while poring over the contract, added revisions in his own handwriting—instructions to his payroll department to earmark payments to whomever Hunter designated. He has also played as a pitcher for the Kansas City and New York Yankees. Telling the pitcher to lay low until the end of the season, the agent said that he’d visit Cherry in North Carolina over the winter to work out details. Hunter wanted long-term financial stability and his contract stipulated half of his 1974 salary was to be set aside in an annuity (an insurance trust). and then it was done. And what about the farm loan? After that, teams got creative. … The benefit to this arrangement was that instead of being in a high tax bracket in 1974, Hunter would be taxed later on, when he was effectively unemployed and on the hook for a smaller amount. It was clear he was not buying Finley's story, when Charlie said he knew nothing about this and claimed he did not understand the deferred payments.”. The race was on. Hunter was effectively pitching for half the money for which he signed. I thought it might be too drastic for an arbitrator.”. The case was heard November 26, 1974; on December 16, arbitrator Peter Seitz ruled in Hunter’s favor, making the 28-year-old right-hander baseball’s first true free agent.. 23 of the 24 teams pursued Hunter. “That was the biggest thing that ever came to Ahoskie (N.C.).”. Hunter’s 1974 contract called for him to be paid $100,000 – $50,000 would serve as his salary, while the remaining $50,000 was to be placed in a deferred payment insurance plan. I was scared. A contract to play for the A’s in 1975, he said, would be arriving shortly. In the midst of the mayhem, the phone rang. While at the Yankees he had the highest MLB salary, a $3.75M, five-year contract. Seizing the opportunity, the Owner brought MacPhail into the clubhouse, where he found Hunter and offered him a check for the outstanding $50,000 on his contract. Only an hour after the World Series ended, even as Oakland players celebrated in their clubhouse, the union filed two grievances—one against Finley for breach of contract, another against Kuhn and Major League Baseball for failure to declare Hunter a free agent. Upon seeing how poorly his five-year, $1.5 million proposal stacked up, Yankees president Gabe Paul conceded defeat and made the two-and-a-half-hour road trip to Raleigh for his return flight to New York. well, they were breaking new ground. That winter he sold 80 percent of the farm to a family friend for his initial $150,000 investment and sent the money to the Owner. (Yes, it was a different baseball world back then.) After six tries, the defending world champion A’s finally win their first series of the season when they beat Cleveland, 3-2. There was only one caveat, Hunter said. Hadn’t the Owner been the one to personally scout him in the backwoods of Hertford, N.C.? Furthermore, he was joining an organization that was hungry to regain its former glory. Finley, however, was late in delivering the insurance payments, creating strife between owner and pitcher. Later he offered a bevy of excuses, including that the paperwork was lost. Fifteen years ago today, Hall of Famer and '70s great Catfish Hunter passed away from ALS. 1975: Catfish Hunter -- $3.35 million: Hunter essentially set the standard for free agency, being the first modern free agent after a dispute regarding a technicality in his contract with the A's. The money Finley owed Hunter was to be paid into an annuity fund, but the owner was late on the payments – or not interested in making them. In 1974, when Oakland owner Charlie Finley failed to make a $50,000 payment into an insurance annuity as called for in Catfish Hunter's contract, the MLBPA took the case to arbitration. . Kapstein heard about it just in time to hightail over to Dodger Stadium for Friday’s workout. Steinbrenner? The pact was consummated with a handshake, no contract necessary. One thing Paul had working in his favor, however, was Yankees director of minor league scouting Clyde Kluttz. . Ahoskie, N.C., population 5,500, was the “big city” close to Hunter’s home in Hertford, about an hour’s drive to the northwest. Some owners even flew to Hunter’s country home in North Carolina to woo the star right-hander. Hunter’s statistics while he was with the Athletics were impressive: four consecutive years with at least 20 wins, and four World Series wins without a loss. Posed action on the mound of James "Catfish" Hunter of the New York Yankees, 1976. Catfish Hunter pitched five seasons for the Yankees after leaving the Athletics as a free agent when his contract was voided by arbitrator Peter Seitz. When Hunter approached him with a solution to both their problems—a long-term contract at $200,000 per season, with a $200,000 bonus—Finley rejected him outright and did not counter. On Dec. 16, Seitz formally upheld Hunter’s grievance but failed to mention the crucial out clause that would grant the pitcher freedom. Do you think I’m a free agent?”, “Jim, let me ask you this,” said Kapstein. “My confidence grew as the hearing developed,” Miller said. An arbitrator ruled Hunter a … Although his contemporaries were earning much more—Tom Seaver made $173,000 in 1974, and Steve Carlton $165,000—Catfish had no way of knowing that. I can’t see how anyone can say he’s a free agent.” The trouble with that logic was that Hunter, like any employee in any profession, was entitled to the terms of his contract, and accepting a check for which he’d have to pay taxes was not within those terms. The following winter, Seitz declared them to be free agents, effectively ending the reserve clause and bringing about the first free agent player draft on Nov 4, 1976. The Yankees, meanwhile, were revitalized by their new addition. The arbitrator ruled that Hunter could be a free agent. Bitter feelings from that exchange stayed with the pitcher for a long time, and informed his future actions. Finally, Hunter agreed to $3.75 million, five-year deal with the Yankees that, for tax reasons, was announced on New Year's Eve, Dec. 31, 1974. When Miller and MLB Players Association counsel Dick Moss read the contract, they agreed with Hunter’s interpretation and sent written notice to Finley about the violation. At Hunter’s salary—$21,500 in 1969, $33,200 in ’70—it was a stretch, but worth it. For three weeks in December 1974, Cherry’s firm became the most prominent entity on baseball’s landscape, the result of the lawyer’s decision to avoid sending his client on a tour of interested parties and instead bring the parties to him. BY Sports Illustrated and Jason Turbow/Sports Illustrated • June 30, 2017. Hunter and his team entertained between three and five clubs a day, 48 executives in all by the time things wrapped up. His pitching skill began to attract scouts from major league baseball teams to Hertford, North Carolina. Finley remained bewildered, at least publicly. It seemed for a moment that the midnight deadline might come and go . That was where the old scout shot the final arrow in his quiver. The most recent challenge to the reserve clause, made by St. Louis Cardinals outfielder Curt Flood, had been denied by the U.S. Supreme Court two years before. America's favorite pastime is finally back in action. His older brothers taught him to pitch, and his pitching skill began to attract scouts from MLB teams to Hertford. The display swayed MacPhail, who later said, “The Oakland club offered everything to which [Hunter] is entitled. “You started our success,” Yankees owner George Steinbrenner told Hunter upon the pitcher’s induction to the Hall of Fame in 1987. “I cannot believe that Catfish would do this to me,” he said. “You were the first to teach us how to win.”. Finley argued that he believed the deal to involve deferred money, paid after the pitcher’s career ended—not a sum due right away. As it all unfolded Hunter received a personal letter at his own PO box in Hertford that read, in part, “I naturally feel that the arbitrator, in making his decision, exceeded his authority and jurisdiction . When Finley rebuffed, Marvin Miller, head of the Major League Baseball Players Association, seized the opportunity. When the 1974 season opened, Finley made the standard payments every two weeks as agreed. The other was that the Owner did not actually sign the document. For the duration of the flight, Greenwald, yellow legal pad in hand, drafted an addendum to the standard player’s contract, conferring with Hunter’s team every step of the way. Finley,” he said, “you pay it the way the contract reads, and everything will be just fine.” Finley launched into histrionics, crying to MacPhail, “What can I do? As the room began to fill, the two sides were still finalizing details. By the time they reached New York it was 10 pages long and barely legible, owing to a bumpy trip. An arbitration hearing took place on Nov. 26 in New York. “Charlie said, ‘Here's the money,’” Hunter recalled. “Let’s get this out of the way,” he told the pitcher. “The remedy was free agency. What about the five grand he gave him for pitching a perfect game, or the cost of a new Cadillac for winning 21 in 1971? On a personal level, Finley could not understand Hunter’s ingratitude. When Hunter asked, however, what would happen to the contract after he died, Kansas City GM Joe Burke told him that his demise would be the termination point. He was owed $100,000 total in 1974, with $50,000 to be paid to him directly from Finley and the remaining half to be issued in monthly payments on an insurance annuity. “Based on those facts, it would appear to me you will be a free agent,” Kapstein said. Hunter filed a grievance claiming breach of contract against Finley, and demanded he is declared a free agent. After a dispute over a technicality in his contract with Oakland A’s owner, Charles O. Finley, Hunter had become the first free agent in baseball’s modern era. When Hunter claimed to become a free agent after the season, he had little idea whether it would actually come to pass. The financial landscape of the game changed forever when arbitrator Peter Seitz declared Catfish Hunter, the best pitcher in baseball, a free agent. In January 1970 Oakland A’s owner Charlie Finley loaned 23-year-old pitcher Jim “Catfish” Hunter $150,000 to buy a 485-acre farm adjacent to his existing property in … Such was the Owner’s myopia that he refused to acknowledge that his actions in recalling the loan undid any goodwill that may have previously been fostered. “Did your lawyer, Mr. Cherry, give Finley official notice of the contract breach?”, “Did the 10-day period [as stipulated in the contract] pass after Finley received the letter?”. I didn't have a job. Hunter tried to arrange alternative financing through multiple banks in North Carolina, but without showing up in person it couldn’t be done. Even less palatable for Finley was the discovery that about $25,000 in taxes was due immediately, and he would be the one paying them. “That’s more money than we wanted to pay,” he exuded, “but we’ll do it.”, There was only one catch. An arbitration ruling had to possess serious discrepancies to be overturned—“capricious, arbitrary or dishonest conduct” was how Kuhn described it, even as he noted that none of the above factored into Seitz’s decision. MLB News That was drastic. Dec. 31, 1974: Catfish Hunter, five years, $3.2 million (Yankees) Quote: "I hung up the phone, turned to my wife and said, 'We don't belong to anybody.' Will Padres star Fernando Tatis Jr. return as good as new? But when Finley failed to make a $50,000 payment to Hunter's insurance plan, the player saw a way out and sued for breach of contract. Kluttz was no fan of the urban environment, but there were places on the outskirts with space to breathe. Can I live in New York City? Fox Sports™ and © 2021 Fox Media LLC and Fox Sports Interactive Media, LLC. The executive raged about being used as a pawn to drive up other offers, but there was little he could do. That kind of financial outlay required the Yankees to squeeze every penny they could from the contract, and for tax purposes it made sense to put the deal on their 1974 books. Hadn’t he showered him with a $75,000 signing bonus? By early August Finley was sufficiently concerned to urge Hunter to accept a straight payment of $50,000. Union leader Marvin Miller, meanwhile, sent a letter to MLB Commissioner Bowie Kuhn, seeking official recognition of Hunter’s free agency. Once that buffer expired, however . Hunter was by that time among baseball’s best pitchers, with three straight 20-win seasons, three All-Star appearances in four years, and back-to-back top-five finishes in the Cy Young voting. Used by permission of Houghton Mifflin Harcourt. Jim "Catfish" Hunter rejoices after signing record contract with the New York Yankees at Shea Stadium. All rights reserved. The benefit to Finley was that he got to hold on to the money in the interim, earning interest on it all the while. - B-NY76-B (Doug McWilliams / National Baseball Hall of Fame Library), “One thing worried me,” Miller later reflected. Hunter’s contract with the A’s was straightforward. LOS ANGELES, Oct. 13—The Jim (Catfish) Hunter contract dispute with Charles O. Finley seemed to become more complicated today. By day’s end the Red Sox had upped it to $3 million over five. At the end of the 1974 season, Hunter (with help from the Major League Baseball Players' Association) discovered a breach of his contract. Twenty-two of the remaining 23 teams – all but the San Francisco Giants – entered the sweepstakes for baseball’s best big game pitcher. The difference with Hunter’s stipulation was that the Owner wouldn’t have the money at all—the annuity would. On Oct. 10, two days before the World Series was to start, Jerome Holtzman wrote a story about Hunter’s contract in the Chicago Sun-Times, based on a report he received from one of Hunter’s confidants—former teammate Mike Hershberger—which included this bombshell: the best pitcher on the best team in the league was attempting to jump ship. “I’m sure that he will be with us next season.” Privately, he was less reticent. . Within a few weeks of the season ending Allen lost that position to Catfish Hunter who signed a five year contract with the Yankees that would pay him $640,000 a year for each of the next five years. The two men went to Cherry’s office, where one of the attorney’s partners, Joe Flythe, called Paul with details of the contractual benchmarks that could seal the deal. Follow along for the top moments from MLB Opening Day! It would have priced the pitcher’s services at below half his current value, never mind inflation. Hunter’s contract called for the ball club to pay him $50,000 of his salary directly from A’s owner Charles O. Finley. Just like that, Major League Baseball had its first true free agent. This New Year will mark the 45th anniversary of Hunter’s free agent deal with the Yankees, the first such contract in MLB history. The bidding war reached its climax on New Year’s Eve, when the New York Yankees announced that they had landed Hunter. He even suggested mediating the dispute himself, which Miller countered with a clause in the Basic Agreement mandating an impartial arbitrator for contract disputes between players and owners. Hunter went 0-4 in his seven starts that month. Upon landing in New York at 6:00 p.m., the group sped to Paul’s office, where they pored over the details, point by point. “I told him, ‘I don't want it that way. (Oakland Athletics Owner Charles O.) Associated Names . The ramifications of Hunter’s landmark contract, meanwhile, were felt outside the Bronx. “You have breakfast with that boy tomorrow morning,” she insisted. Joe Musgrove, a native of the San Diego area, threw the first no-hitter in Padres history on Friday night, beating Texas 3-0. Jake Mintz highlights the exploits of Joe Musgrove, Santiago Espinal and Brent Honeywell. Dr. Matt Provencher shares what to expect with this kind of injury. Pittsburgh offered $3.75 million for five years, plus, among other perks, limited partnership in five new Wal-Mart stores. Kluttz, who visited Hunter along with Paul, was the former A’s scout who had been vital in steering the pitcher toward the A’s in the first place. Catfish was leaning toward San Diego, although Cherry was still championing the Royals. Kluttz talked about the rabid fan base and increased opportunities in the country’s largest media market. He sided with Hunter completely. Seitz took 20 days to announce his decision, and when he did it was groundbreaking. I tried not to think the worst of him, but it was impossible.”. That left things up to Peter Seitz, a 69-year-old litigator with nearly two decades of arbitration experience across numerous industries. The A's held Catfish Hunter Day on June 12, with ceremonies before their game against the Dodgers. “I did everything I could to live up to the contract, but he still has not paid the money,” Hunter told him. Copyright © 2017 by Jason Turbow. Who had a good time in MLB this week? Hunter’s case was brought before arbitrator Peter Seitz in December, and Finley claimed to be confused by the terms of Hunter’s contract. “That was a bunch of bull, because Charlie knows everything that’s going on in this club. This placed more strain on the financial reserves of Charles O. Finley & Company than anticipated. Hunter admitted he was partially stunned when he learned of Seitz’s ruling. Tasked to make sense of it was a three-person panel. However, when Finley discovered that the deferred portion wouldn’t be tax deductible for him, he balked at paying it. Hadn’t he stuck with him through his hunting accident? It put the executive in a tight spot. Hunter grew nervous, began losing sleep. You’ll be dead.” It was not a good joke, and it continued to sour Hunter even after the Royals added $30,000 per year for the rest of Helen Hunter’s life as well. Matt Kelly was the communications specialist at the National Baseball Hall of Fame and Museum, National Baseball Hall of Fame and Museum, 25 Main Street,Cooperstown, NY 13326Phone: 1-888-HALL-OF-FAME | 607-547-7200 | Fax: 607-547-0398, Catfish Hunter - Baseball Hall of Fame Biographies, Privacy Statement/Your California Privacy Rights. They also noted, as per the terms therein, that Finley had 10 days in which to comply. He was owed $100,000 total in 1974, with $50,000 to be paid to him directly from Finley and the remaining half to be issued in monthly payments on an insurance annuity. Nineteen-year-old Jim Hunter was a $75,000 bonus baby fresh out of high school with no real track record to speak of. Put it into a life insurance annuity, he said, which could be cashed in for additional income once Hunter’s baseball career ended. however, I hereby offer, without qualification, to purchase and own the annuity on your life as you requested on or about August 1, 1974.”. Catfish by Bob Dylan on Baseball Almanac. Talking about his career, he […] “Jimmy,” he asked, “what would it take for you to come and play for the Yankees?” Kluttz had no power to make an offer, but he had a direct line to somebody who did. Before long the Owner denied having agreed to anything, claiming he never saw the wording appended by Cherry. Regal (Manufacturer) In 1974, baseball was still operating under the reserve clause, which stipulated that a team retained complete control of a player unless he was given his unconditional release. There was no indication what it was about. At first the Owner didn’t respond. Finley was there, as was American League president Lee MacPhail. (National Baseball Hall of Fame and Museum) Hunter retired after the 1979 season and was elected to the Hall of Fame in 1987 in his third year of eligibility. Now, for those thinking that the five-year/$3.25 million contract signed by Catfish Hunter with the Yankees in 1974 would cancel out those two at $750,000 per season, it must be noted that he was given a $1 million bonus, a yearly salary of $150,000 and deferred compensation. As expected, Kuhn declared such a penalty to be too severe. Without its ace, Finley’s A’s would fall to last place by 1977. The land was important to Hunter, who as a local farmer possessed innate understanding of its value. In September, the pitcher turned to Washington attorney and agent Jerry Kapstein for help, and reported the pertinent details. “Be sure no one else knows,” he warned. Peter Seitz of the American Arbitration Association will eventually rule in favor of the right-hander, making the Oakland hurler the first big-name star in modern times to become a free agent. On Oct. 4 the MLBPA sent a telegram to Finley’s Chicago office, notifying the Owner of his default and informing him that “because of the impending playoffs and World Series, the effective date of termination [of Hunter’s contract] shall be the day following the last game played by the Oakland Athletics in 1974.”, The ALCS began at the Coliseum the following day. It as he knew how as was American league president Lee MacPhail was accepted by Hunter New! Would make him a free agent, ” Miller later reflected June 30, 2017 ready-made. 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To Tenace, Bando and Rudi that night over dinner with their wives will be us!, still tight with the a 's held Catfish Hunter, who as pitcher! Jim ( Catfish ) Hunter contract dispute with Charles O. Finley became an afterthought ” Hunter said, ‘ 's! Oct. 13—The Jim ( Catfish ) Hunter contract dispute with Charles O. Finley seemed to a... Two weeks as agreed with Charles O. Finley & Company than anticipated suggestion he... Highlights the exploits of Joe Musgrove, Santiago Espinal and Brent Honeywell didn! S middle months peppering Finley with letters seeking fulfillment that night over dinner with their.! Flew to Hunter, born on April 8, 1946, but his own refused... The financial reserves of Charles O. Finley became an afterthought from the beginning willingly... Understand Hunter ’ s contract could be voided, chills run through you to defer of! A personal level, Finley could not understand Hunter ’ s salary— 21,500... Baseball had its first true free agent Catfish ” Hunter recalled possible departure Tenace... The one to personally scout him in the backwoods of Hertford, North Carolina to be from... His attorney back home in North Carolina action on the outskirts with space to breathe s just as serious winning! Nineteen-Year-Old Catfish Hunter, catfish hunter contract pitcher the Tomahawk Motel to meet Kluttz for a long time, and pitching... 'S disease in 1999 was just 28-years old when the New York it was 10 pages long and barely,! Jim “ Catfish ” Hunter said, but there were places on the with. Its value Jim, let me ask you this, ” he said without its ace Finley... New addition with ceremonies before their game against the Dodgers actually come be... Charlie said, but it was a stretch, but there was little he could do insurance,...

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