A’s Spanish broadcaster Amaury Pi Gonzalez (left) meets with New York Yankees pitcher Jim Catfish Hunter (right) before a 1975 game with the then Oakland A’s (photo from the author Amaury Pi Gonzalez)
MLB: The Era of Big Contracts could be History.
That’s Amaury News and Commentary
By Amaury Pi-González
Starting pitcher Jim “Catfish” Hunter was the first modern baseball player to sign a multi-million dollar contract. The former Oakland A’s pitcher signed a landmark five-year, $3.05 million contract with the New York Yankees on December 31, 1974.
Hunter was the first actual free agent due to a contract dispute, making way for today’s huge salaries. A’s owner, Charlie O. Finley, breached the contract by failing to pay the required deferred compensation into an annuity, according to an arbitrator, which opened the door for George Steinbrenner of the Yankees to roll out which at the time was an incredible amount of money $3 million plus.. In 1974, the median price of a home in the US was around $30,000.
Jim “Catfish” Hunter just came off the 1974 season with the Oakland A’s as the American League Cy Young Award winner. I remember when ex-catcher and later radio and television commentator Ray Fosse told me, “Catfish control was for the ages.”
The Hall of Famer who pitched for 15 years was a dominant pitcher on the best team in baseball at the time, the three time World Champion Oakland A’s,1972-73-74. From 1971 to 1974, the right-hander won 20 or more games each season.
During Caffish Hunter’s first visit to Oakland in 1975 with his Yankee uniform, he seemed relaxed and told me, “I never thought I would be pitching for any other team but the A’s. These are great fans here in Oakland, but what happened was beyond my control. Now I’m a Yankee.”
In a previous article, I wrote that the 2026 season could be historic. The Collective Bargaining Agreement (CBA) expires in December 2026, and all roads lead to an owner-imposed lockout thereafter. I believe the baseball owners have the upper hand this time, as they are seeking a hard salary cap like the other sports (every other major professional sports league), thus, the years of hundreds of millions of dollars in contracts for the best players will be officially over.
Why Catfish? Jim “Catfish” Hunter got his famous nickname from Kansas City Athletics owner Charles O. Finley, who gave it to him in 1965 to create a flashier persona, inventing a story about young Hunter catching catfish to make it stick, though Hunter never really liked it.
Finley owned the Kansas City club and then the Oakland A’s for 20 years, from 1960 to 1980, when he sold the team to Walter A.Haas (Levi Strauss) for $12.7 million, I met Charlie O. Finley, yes, he was controversial, but he had a lot of good ideas, and in Oakland, he was a winner, and also,he was a shrewd businessman.
Thank you for reading My Baseball Notebook. I wish you a Very Merry Christmas, Happy Hanukkah, and Felíz Año Nuevo. See you in 2026!
Amaury Pi-Gonzalez – Cuban-born Pi-González is one of the pioneers of Spanish-language baseball play-by-play in America. Began as Oakland A’s Spanish-language voice in 1977 ending in 2024 (interrupted by stops with the Giants, Mariners and Angels). Voice of the Golden State Warriors from 1992 through 1998. 2010 inducted in the Bay Area Radio Hall of fame.
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LaTerraza Mexican Restaurant at 1027 2nd Street in Old Sacramento give them a call at 916-440-0874.
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