View Full Version : HOF pension?
mtortolero
06-19-2009, 08:51 AM
I heard in the radio that players elected to the HOF earns a pension by the rest of his life, something I think is incorrect, isnīt?
Ubiquitous
06-19-2009, 09:02 AM
No pension.
Players who have played in the bigs do get a pension for the rest of their lives. It pay varies based on the amount of time you played and it of course it kicks in later in life.
Though in a way they do get a pension of sorts if they so choose to. Every induction weekend they can go back to Cooperstown and sell their services at one of the collectible shops and of course they can do it at other times as well. It is pretty lucrative for most players and I'm sure being a HoFer adds to the value.
Brad Harris
06-19-2009, 10:19 AM
No pension.
Players who have played in the bigs do get a pension for the rest of their lives. It pay varies based on the amount of time you played and it of course it kicks in later in life.
Though in a way they do get a pension of sorts if they so choose to. Every induction weekend they can go back to Cooperstown and sell their services at one of the collectible shops and of course they can do it at other times as well. It is pretty lucrative for most players and I'm sure being a HoFer adds to the value.
haha...so true!
mtortolero
06-19-2009, 03:05 PM
No pension.
Players who have played in the bigs do get a pension for the rest of their lives. It pay varies based on the amount of time you played and it of course it kicks in later in life.
Though in a way they do get a pension of sorts if they so choose to. Every induction weekend they can go back to Cooperstown and sell their services at one of the collectible shops and of course they can do it at other times as well. It is pretty lucrative for most players and I'm sure being a HoFer adds to the value.
Thanks Ubi
geezer
07-12-2009, 01:24 AM
Dont u have to play at least 10 years to qualify for the pension?
EdTarbusz
07-12-2009, 01:26 AM
I think a player has to play one Major League game to qualify for a pension.
Brad Harris
07-12-2009, 02:41 AM
I think a player has to play one Major League game to qualify for a pension.
This is true of any player active after April 1, 1980, in accordance with the Major League Baseball Players Benefit Plan (http://www.bizofbaseball.com/docs/MLBPABenefitsPlan.pdf). Players active before then more or less had to have four years until their pension vestment kicked in.
Brad Harris
07-12-2009, 02:45 AM
And to reiterate...membership in the Hall of Fame has absolutely nothing to do with a player's pension. A player can charge more for his autograph or personal appearance in the same way that Bill Clinton can charge more for a commencement address than can Dick Cheney or Tom Daschle. But there's no institutionalized direct financial benefit of Hall membership. (Nor should there be.)
davewashere
07-14-2009, 02:54 PM
It should be noted that the Baseball Hall of Fame and Major League Baseball are separate entities. The Hall of Fame was started by the Clark family in Cooperstown and it's still run by members of that family and the board of trustees. MLB, for instance, has no control over the Hall of Fame's rules for voting and membership. They could decide tomorrow that they will induct baseball players with the funniest names into the HOF and there isn't anything MLB could do about it. Although the Clark family has been well-off for over a century, I highly doubt they would ever want to pay a pension to all members of the HOF.
Ubiquitous
07-14-2009, 03:00 PM
That isn't entirely true since MLB execs and former players form the Board of Directors of the Baseball Hall of Fame.
Joe Morgan
Paul Beeston
William DeWitt Jr
Bob DuPuy
David Glass
Leland McPhail
Phil Niekro
Jerry Reinsdorf
Robin Roberts
Brooks Robinson
Frank Robinson
Tom Seaver
Bud Selig
George Steinbrenner
Gary Dunaier
07-14-2009, 03:27 PM
According to the Hall of Fame's website (link (http://web.baseballhalloffame.org/about/faq.jsp#hof_mlb) and scroll down):
What is the National Baseball Hall of Fame and Museum's relationship with Major League Baseball?
The National Baseball Hall of Fame and Museum is independent of Major League Baseball, however it does maintain an excellent relationship with MLB.
sturg1dj
07-15-2009, 01:45 AM
which begs the question....why don't we start our own Hall of Fame. Put it in Iowa, charge $1 less and allow the black sox and Pete Rose in.
1...2...3....lets do it.
just kidding
Brad Harris
07-15-2009, 07:58 AM
which begs the question....why don't we start our own Hall of Fame. Put it in Iowa, charge $1 less and allow the black sox and Pete Rose in.
1...2...3....lets do it.
just kidding
That's been discussed before. :shhh: