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New York, New York County, New York
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American League President Ban Johnson states in Chicago on Nov. 29 that high player salaries are over, calling for fair 1917 contracts to ensure owners get returns after losses, while players have profited; players await National Commission response.
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By Ban Johnson. (American League President.)
CHICAGO, Nov. 29.—Now that the troubles of baseball are over, we will have to return to sound basis—one where men who have invested their money in the game stand a reasonable chance of obtaining a fair return. There will be no renewal of high salaried war contracts next season. The players must understand this. We will agree on a new contract at the annual meeting of our league here on Dec. 14 that will be fair to all parties concerned. It will be equitable to the player and to the club owner.
But even so, we would not suffer as much as the players. You must remember that they have been getting all the profits out of baseball, speaking generally. In many cities the players have made big money, while the owners have gone through the season at a heavy financial loss. In one or two cities that I could mention the salaries of the players for one month would amount to more than the ball club has made in two years.
In the mean time the fraternity has submitted its claims to the National Commission, and is keeping quiet. It is also noted that these players have not signed a 1917 contract.
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Location
Chicago
Event Date
Nov. 29
Story Details
Ban Johnson declares end of high salaries for baseball players, emphasizing return to fair contracts benefiting both players and owners after a period where players profited while owners lost money; new contracts to be agreed on Dec. 14; players have not signed 1917 contracts.