Yankees Re-sign the Babe
Bambino Takes Cut in Pay Despite 34 HRs Last Year
The Yankees announced that they have resigned their star slugger, Babe Ruth, for $35,000. Despite the large sum, it represents a large decrease in pay from his 1933 salary of $52,000. Ruth had also discussed signing on as player-manager with Detroit for 1934, so the announcement of his re-signing resulted in a collective sigh of relief from Yankee fans.
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