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Ex-ballplayers to receive up to $10,000 pension

Players who appeared for the major leagues for less than four years from 1947-79 will receive payments of up to $10,000 in each of the next two years under an agreement between Major League Baseball and the players' association.

By Ronald Blum | Updated on April 21, 2011
Major League Baseball Commissioner Bud Selig speaks at a news conferencee Thursday in New York. (AP Photo/Frank Franklin II)

NEW YORK (AP) — Players who appeared for the major leagues for less than four years from 1947-79 will receive payments of up to $10,000 in each of the next two years under an agreement between Major League Baseball and the players’ association.

At least 904 players will receive money under the agreement, according to Dan Foster, chief executive officer of the Major League Baseball Players Alumni Association. The size of each payment will depend on quarters of service.

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