
Manny Machado reportedly agreed to a 10-year contract worth $300 million with the Padres on Tuesday, meaning the first of two giant dominoes of this baseball offseason has finally fallen.
Whenever Bryce Harper signs — likely for 10 years and even more money, and likely soon now that Machado has made a match — we will once again marvel at the dollar sign with all the zeroes.
It led me to an unusual question, which sparked a quest for an answer: Will anyone alive right now be around if and when the first $1 billion contract is signed by an athlete in a major U.S. sports league?
Really, it's not that far-fetched when you consider how far things have come already while also factoring in inflation.
If we isolate on baseball, we find a handy reference chart of single-year salary milestones and the first players to reach them, via Baseball Almanac.
Babe Ruth in 1922 was the first $50,000 a year player. We didn't get the first $1 million player — 20 times what Ruth made — until Nolan Ryan signed for that much per season in 1979, a full 57 years later.
Just 21 years after that, in 2000, both Manny Ramirez and Alex Rodriguez reached $20 million a season, that same 20-fold increase.
Things have slowed down enough that nobody would envision a player making 20 times that — $400 million — in a single season anytime soon.