Remembering the Steve Carlton Trade
It’s a trade that most likely would not have happened in the era of free agency. There were two pitchers, both in the mid-twenties, both of whom had relatively good success with their respective teams. And both thought they deserved a substantial raise. But these were the days of the dreaded reserve clause; that contractual device slipped into every players’ contract that bound the player to the last team he played for in perpetuity. The reserve clause, interestingly, was not always met with derision by the players. In the very early days of professional baseball, it was only inserted in the contracts of the very best players. If your contract had a reserve clause, that meant your team valued your play, which was a compliment. But as the reserve clause was extended to cover all professional baseball players’ contracts, the real world effects became obvious. The owners had all the leverage when it came to salary. Whether a player would get a raise depended...