This weekend, Rickey Henderson and Jim Rice are headed for baseball’s Hall of Fame—and a life without financial headaches, the Wall Street Journal reports. Retired players make money with autographs, speeches, and endorsements, and a place in Cooperstown means their values skyrocket. “‘HoF’ after a signature is the single best predictor of baseball price,” a memorabilia expert says.
The Hall itself gives 30% of its profits from merchandise to inductees. Perhaps tempted by all the cash, ballplayers jockey hard for a spot in Cooperstown: Bert Blyleven is campaigning with the help of a political consultant who aided Minnesota Sen. Paul Wellstone; ex-Cub Ron Santo has help from Sen. Dick Durbin’s office; and Venezuela hired a DC lobbyist to help its president’s favorite shortstop, Dave Concepcion, get a place.