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Making Money from Baseball

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					Making Money from Baseball

BASEBALL PLAYERS AND BASEBALL TEAMS

NATIONAL LEAGUE

The National League
 William Hubert founded the National League in 1876.  William Hulbert and several others hand picked club owners that will form the National League.  The owners of the National League called themselves the “magnets”.  The magnets helped create the wage system we still use today.  The wage system is a system in which players are paid according to how well they play.

KNICKERBOCKERS  The Knickerbockers, one of the first baseball teams, paid an initial fee of two dollars and an annual fee of five dollars to players. CINCINNATI RED STOCKINGS  The playing manager earned $1200.  A short stop earned $1400.  The pitcher earned $1,100.  3rd baseman earned $1,000.  The rest of the team earned $800. ST. LOUIS TEAM  The average salary of a player was $1,500.  The highest paid player on their team earned $2,500.  The lowest paid player on the St. Louis team who was a substitute earned $1,400.

19th CENTURY BASEBALL TEAMS AND SALARIES

Trading Players
 Players have been traded to the following in the 19th century: a. $0.25 b. turkey c. bird dog d. airplane

CONTRACTS

The Reserve Clause
 The Reserve Clause was initiated in 1879 and officially came in to existence in the early 1880’s.  The Reserve Clause was inserted into every player’s contract to prevent and stop players from jumping clubs in order to receive higher salaries.  The reserve clause gave employers the right to reserve his services for the following year, and every subsequent year. • The statement mention above is only valid unless the following situation occurs: a. player is traded b. player is sold c. player is released from contract • The Reserve Clause give teams the right to reserve five players who could not be acquired by any other owner.

ENTREPRENEURS

Albert Goodwill Spalding
 Albert Goodwill Spalding is one of the most prominent entrepreneurs.  Albert Goodwill Spalding is famous for his sports (baseball) equipment.  In 1876 Albert Goodwill Spalding began to manufacture baseballs and opened his first sporting goods emporium.  Albert Goodwill Spalding decided to instate baseball’s first salary cap at $2,500 a year because of the decline of baseball in the late 19th century.

BASEBALL BUSINESSES

COCA-COLA
 1886 a syrup containing 2 powerful substances, a cola leaf and cocaine was made.  Coca-Cola was marketed as “brain and nerve tonic.”  Coca-Cola was sold to baseball players as an energy drink.

CONCESSIONS
 Concessions were made popular by Harry Ann Stephens, an early entrepreneur.  Some of the standard refreshments sold in a concession were the following:  Soda  Peanuts  Beer  Popcorn  Cotton candy

BASEBALL EQUIPMENTS

TICKET SALES AND GATE CHARGES

BASEBALL PARKS

ENDORSEMENTS AND ADVERTISEMENTS

 The following images show one of the many ways to make money in baseball during the 19th century.  Money was made through endorsements and advertisements.  Most players endorsed cigarette companies by allowing their baseball card to be sold with the cigarettes. Some 19th Century players are also featured endorsing apparel or baseball equipment.

GAMBLING (betting)
 Betting in baseball started to increase the income of baseball players.  Gambling and betting led to many scandals. An example of this is the betting scandal that happened in 1865 and1887 in Boston wherein players were paid to purposely lose the game.

Works Cited Continuation

Works Cited Continuation….

Thank You!

Note:
 The next slides is not part of the power point presentation.  The next slides will be use for the commercial (this will show students that in the 19th century endorsements and advertisements have flourished due to the mass production in America).  The following slides will be use as a prop or a background for the review activity (Freshman Feud).

THIS PRESENTATION IS BROUGHT TO YOU BY:

National League

Chicago White Stocking

SPALDING

Jill's A.M. Class


				
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posted:5/29/2008
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