Mickey Mantle’s Contract

Mickey Charles Mantle is regarded as one of the most prolific baseball players in the history of baseball. He is also widely known by his epithet ‘the Commerce Comet’ and ‘the Mick’. He was born on 20 October 1931 in Spavinaw, Oklahoma. Mantle died on 13 August 1995 at 65 years of age. He was admitted to the Baseball Hall of Fame in 1974 on his first ballot with 88.2% votes in his favor.

He played the position of a center fielder in the Major Leagues. Mantle debuted with the Yankees in 1951 and retired with the same team in 1968. Mantle is one of the best baseball players to have ever been seen in the history of the game. His awards and accolades speak for themselves. He is a twenty times All-Star winner, seven times World Series Champion, three times AL MVP and four times AL home run leader. He is a Triple Crown title holder, AL RBI leader in 1956 and is on the Major League Baseball All-Century Team.

Mickey Mantle's Contract Breakdown

How much was Mickey Mantle getting paid?

Mickey Mantle’s last contract with the New York Yankees is estimated to be in 1963. It was worth $100,000 which would be around $800,000 in 2023 if we adjusted it to inflation.

Mickey Mantle was signed for Minor Leagues by Yankees scout Tom Greenwade when he was still in High School. He made his first contract in 1949 which was $140 per month, if we change the amount to adjust to the inflation it will be $1,700. He was also given a $1,500 signing bonus which if we adjust for inflation would be $18,400. His second contract with the Yankees was signed in 1951 and it was worth $5,000. Then in 1957, he again signed with the Yankees this time for a whopping $60,000 which was considered a lot back then. In 1961, the Yankees and Mantle signed and agreed to another contract; in this deal, he was getting paid $75,000.

How much does Mickey Mantle make in a minute?

As per Mickey Mantle’s last contract with the Yankees in 1963, Mantle’s annual salary was $100,000 which if we adjust to the inflation would be $800,000. If we divide this amount by the total number of minutes in a year (i.e., 525,600 minutes), we get an idea of how much Mantle was making in a minute per year, which was $1.52.

Mickey Mantle’s Career Earnings

Mickey Mantle had made $1,128,000 during his entire career playing with the Yankees. If we adjust this amount to the current inflation, the amount would be approximately around $9 million.

What are the terms of Mickey Mantle’s contract?

Mickey Mantle signed his last contract with the Yankees in 1963 worth $100,000, which after inflation would be around $800,000. The contract is reckoned to have lasted till 1968 when Mantle finally retired from active playing.

How much of Mickey Mantle’s contract is guaranteed?

Mickey Mantle was getting paid $100,000 (which is around $800,000 if we account for inflation) for each season.

Mickey Mantle’s Contract History

1949: Mickey Mantle signed his first contract with the Yankees, which was a Minor Leagues contract. He was getting paid $140 per month which if we account for inflation is $1700. He also received a signing bonus of $1,500, which is around $18,400 if we account for inflation.

1951: Mantle was getting paid $5000 when he signed the contract in 1951.

1957: The center fielder signed a contract worth $7500 in 1957, which if we account for inflation is around $730,000.

1963: When Mickey Mantle signed what is believed to be his last contract with the Yankees, he was getting paid $100,000 (which if we account for the inflation is $80,000) per season.