The 1972 Major League Baseball strike lasted from April 1 to April 13. It’s notable for two reasons: It was the first strike in the history of the league, and it won the players the right to salary arbitration, which ultimately became the sticking point of countless lockouts and strikes thereafter. In addition to salary arbitration, the players also received a $500,000 increase in their pension payments, just above half of what they had originally demanded.
The players won an important bargaining chip for themselves. But at the time the focus was simply on what had been lost during the strike: 86 games were missed and never rescheduled. And according to Time magazine, the players lost $1 million in pay and the owners lost $5 million in ticket sales and broadcast fees.
Pictured: Joe Torre #9 of the St. Louis Cardinals stands alongside Hank Aaron #44 of the Atlanta Braves before the MLB All Star Game at Fulton-County Stadium on July 25, 1972 in Atlanta, Georgia.