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1931 Waite Hoyt Detroit Tigers Contract
Starting Bid - $200, Sold For - $1,293
Four-page fold-over contract, dated September 3, 1930, between Waite Hoyt and the Detroit Baseball Company, signed in black fountain pen by "Waite Hoyt" (grading "10") and "Frank Navin" ("9"), president of the club. Also signed by Ernest Barnard ("10") in his capacity as American League president. The one-year agreement for the 1931 season calls for Hoyt to receive a salary of $7,500. This contract also records Hoyt's sale to the Philadelphia Athletics on July 2, 1931. A special typed addendum appears in the contract that reads "The foregoing contract is hereby assigned to the American Baseball Club of Philadelphia this second day of July, 1931." Navin has once again signed the contract in black fountain pen ("10") in authorization of the transaction. Waite Hoyt is best remembered today as the mound ace for the fabled 1927 Yankees. Joining the Yankees in 1921 he helped lead the club to six pennants and three World Championships before being traded to the Tigers in mid season of 1930. Hoyt was 3-8 with Detroit in 1931 prior to his being acquired by the A's. The change of scenery, not to mention the A's powerful lineup, helped Hoyt fashion a 10-5 record the rest of the way where he once again found himself playing in the World Series. Unfortunately, Hoyt's one start in the Series ended in a loss and the A's were eventually upset by the Cardinals in seven games. A two-time twenty-game winner, Hoyt won a total of 237 games during his twenty-one-year career and retired with a 3.59 lifetime ERA. He was elected to the Hall of Fame in 1969. Baseball contracts of Hall of Fame players, especially those dating from their respective playing careers, are rare and the offered example is no exception. This is the first Hoyt contract we have ever offered and we cannot recall having seen another at public auction. The contract (8.5 x 11 inches) displays two horizontal folds and two small ink stains along the top border of the first page. In Excellent condition overall. LOA from James Spence/JSA. Reserve $200. Estimate $500+. SOLD FOR $1,293
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