The New York herald., 1922-01-21
MCRAW FOR5 YEARS
GETS$65,OO0AY YEAR
Manager of New York Giants
Signs New Contract to
Direct Team.
SHARES IN PROFITS TOO
Financial Reward Comes as
He Enters Twenty-first
Year Here.
SHARES IN PROFITS TOO

John ]. McGraw yesterday signed g
contract to continue as manager o.
the New York National League base.
ball club for the next five years. Ir
making the announcement Charles A
Stoneham, president of the club
ignored the interesting detail of flnan'
cial arrangements, but 1T may be
stated on good authority tEat the
manager will receive an annual salary
of se5,0o0-a total of s325,Oo0 for the
term of his contract.
In addition McGraw, who is vice.
president Of the New Yorks, will draw
his share Of the profits as part owner
Stoneham said that the manager Is
the third biggest stockholder. 1t is
estimated that McGraw will receive
close to $1,OO0,00O from his connection
Will. the Giants in the next five years
McGraw already was the highest sat
aried manager in the major leagues
under his old contract, which he signed
for 2. five year term in 1917 and WHICH
called for n return Of $4,000 season.
lie entered into three year agreement
IN 1916 at salary OF $4,000 a year, but
in 1917 Harry Hampstead, then presi-
dent OF the club. tore UP the old con-
tract, which had another season tc run.
and signed McGraw to a new one at an
increase Of s15.e0o year.
McGrnw Part owner of Club.
Stoneham. Magistrate McQuade and
their associates took over that agree
ment when they purchased the Giants
several years ago and In addition
sold and gave enough stock TO Nc
Graw to make him a part owner with
a real gay In the off-field administration
o. the affairs OF the Giants. Since that
ARRANGEMENT went into effect the Giants
have been more prosperous than ever
before. Last season they set a new
attendance record for the National
League. topping even the record figures
os the great season of 1920.
Tho Stoneham McQuade McGraw
,v,nership has had the benefit of Sunday
baseball. Last year McGraw topped
off twenty years OF service with the
New Yorks by winning not only .he
National League pennant but the world
championship as well. beating the New
York Americans in the baseball classic.
other Big League Salaries.
McGraw's new financial arrangement
puts him so far ahead of all other
major league managers that there Is
no second. Iris Speaker. leader of the
Clevelands, receives an annual salary
Of approximately s2S, ,000-s1S. 600 for
playing center field and an addi-
tional $4,000 for actlrg as manager.
Connie Mack, manager of the Philadel-
phia Athletics. is part owner OF the club
nd his arrangement never has been
made public. In view of the lean years
through which the Athletics have been
going IL Is not likely that Mack's sal
airy approaches that of Speaker. Miller
Huggins. leader OF the Yankees. gets
about $4,000 year, while Tyrus Cobb.
msragcr of the Detroits. receives in the
neighborhood OF $4,000 a year.
When McGraw put his signature o.
the contract yesterday ne signed for mis-
.wenty-first season with the Giants. In
the matter OF managerial service with
one club only Mack Is McGraw's
senior. Mack took charge of the Ath-
lrtics when they entered the American
League In 1901. In the matter of win
ming pennants McGraw is the most
successful manager I'm the history OF
baseball. lie has won tho National
League championship seven times. while
Mack has been winning leader six