Crazy contract clauses

George Brett

I just came across the most interesting article on CNN.com titled Weird baseball contract clauses. In it, CNN details a pretty funny story about a clause that Avron Fogelman (former Kansas City Royals owner and founder of Fogelman Management Group – our parent company) implemented for former Kansas City Royals HOF slugger George Brett. Small world, isn’t it!

George Brett becomes a landlord

The contract extension George Brett signed with the Kansas City Royals in 1984 must have been one of the stranger deals in MLB history. The club agreed to give Brett the bat he used in the infamous 1983 “Pine Tar Game” as part of the pact, but that wasn’t the only odd perk. The contract also gave him part ownership of an apartment complex in Memphis.

At the time, Avron Fogelman co-owned the Royals. Fogelman had made his fortune as a lawyer and real estate baron in Memphis, so when the team needed a little extra incentive to get Brett to sign, they offered the third baseman a piece of one of Fogelman’s developments.

To read more, follow the link to Weird baseball contract clauses on CNN.com