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May
18

Most Expensive Sports Contracts Ever Signed

Posted under Money Articles, Sports

 

 

Most Expensive Sports Contracts Ever Signed

 

Sports contracts over the years have gotten so extreme that they make even wealthy people envious. It wasn’t always like this, this era of contracts started in the late 80’s with Kirby Puckett being the first player to receive a $3 million dollar contract in 1989 according to the Sporting News. That might not seem like a lot, but for MLB, it was a great deal at that time. And it did not stop there. That was just what opened the flood gates.
Here’s a detailed breakdown of the 25 biggest and most expensive sports contracts ever signed (in descending order).
jason11 – Jason Giambi – New York Yankees – Baseball – $120,000,000
These days, Jason Giambi seems more of a DH than a power hitting first baseman. That said, he was once the power hitting first baseman for the Oakland Athletics, but when Mark McQuire was traded in 1997, Jason became the first baseman.
In 2003, Giambi was named in the Balco investigation, blemishing his otherwise promising career. Since then, he apologized to the organization as well as the fans and promised to return to his previous form.
 
 
 
 

 
 
 

 

 

 

 

 

 

 

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