Sport: Money in the Bank

The wage theories of big-league baseball players have always been as uncomplicated as the appetite of Oliver Twist. What they want is more. What they will get, announced Baseball Commissioner Ford Frick last week, is exactly that. For the privilege of broadcasting the next five years All-Star and World Series games on radio and television, NBC has promised to pay a whopping $16,250,000. And, since 60% of the profits is already earmarked for the nine-year-old Annuity and Insurance Plan, retirement benefits for retired baseballers may soon jump to $300, perhaps as high as $500, a month. Today,...

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