Hank Aaron’s Contract

Last Modified Jul 27, 2023 11:44 GMT
Henry Louis Aaron
Henry Louis Aaron, Source: Getty.

Hank Aaron was one of the greatest baseball players of all time. He played baseball for 23 seasons from 1954 to 1976 and has been National League Batting Champion twice, an All-Star 25 times, and was the one to beat Babe Ruth’s home run record of 714 with 715 home runs on April 8, 1974.

In addition to this, Aaron also held the record for most RBIs with (2,297), extra-base hits of (1,477), and total bases (6,856) at the time of his retirement.

Hank Aaron’s Contract Breakdown

YearBase SalarySigning BonusYearly Cash
1954$6,000-$6,000
1955$10,000-$10,000
1956$17,500-$17,500
1957$22,500-$22,500
1958$35,000-$35,000
1959$35,000-$35,000
1960$45,000-$45,000
1961$45,000-$45,000
1962$47,500-$47,500
1963$53,000-$53,000
1964$61,000-$61,000
1965$63,500-$63,500
1966$70,000-$70,000
1967$92,500-$92,500
1968$92,500-$92,500
1969$92,500-$92,500
1970$125,000-$125,000
1971$125,000-$125,000
1972$200,000-$200,000
1973$200,000-$200,000
1974$220,000-$220,000
1975$240,000-$240,000
1976$240,000-$240,000

Source: baseballreference.com.

How much was Hank Aaron getting paid?

Hank Aarons's last reported salary of $240 thousand would be worth about $1.35 million in 2023, adjusted for inflation.

How much did Hank Aaron make in a minute?

We are considering Hank Aaron's prime salary of $240 thousand per year. When divided by the total number of minutes a year, this comes to about 45 cents per minute. When we count on inflation, his salary would be equivalent to $2.5 per minute in 2023.

Hank Aaron’s Career Earnings

Hank Aaron’s total career earnings of $2.14 million is equivalent to $11 million in 2023 when adjusted for inflation, as per baseballreference.com.

What were the terms of Hank Aaron’s contract?

Hank Aaron's 1975 contract was a guaranteed deal of $240 thousand annually for a tenure of two years. The specific terms of Hank Aaron’s contract are not publicly known.

Hank Aaron’s Contract History

Milwaukee Braves (1954-1965): At the age of 20, Aaron began his MLB career with the Milwaukee Braves in 1954, starting with a salary of $6 thousand, and eventually had a breakout season in 1955, hitting .314 with 27 home runs and scoring 106 RBIs.

Aaron was named to his first All-Star team, the first of a record 21 selections and 25 appearances. Following on, in 1956, Aaron won his first National League batting title and was named National League Player of the Year.

Aaron also earned his first MVP award in 1957, and his contract grew to $70 thousand by the end of 1965.

Atlanta Braves(1966-1974): By the time the Milwaukee Braves became the Atlanta Braves, Aaron’s contract was valued at $70 thousand. In 1968, Aaron became the first among Braves to reach his 500th career home run, and in 1970, he was the first to score 3,000 career hits, a remarkable milestone against the Cincinnati Reds.

On April 8, 1974, Aaron fulfilled his dream of beating the Legendary Babe Ruth’s record of 714 home runs, scoring.755 home runs, and by that time, his contract was valued at $220 thousand.

Milwaukee Brewers(1975-1976): With the Brewers, Hank Aaron spent the final two seasons of his professional baseball career; his contract was hiked to $240 thousand for a tenure of two years, followed by his retirement in 1976.

FAQs

A. Hank Aaron retired in 1976.

A. Hank Aaron had 3,371 hits over his career.

A. Hank Aaron has played 23 seasons throughout his career.

A. Hank Aaron was born and raised in and around Mobile, Alabama

A. Henry Aaron had a .305 average over his career.

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