The 50-day baseball strike of 1981 ran from June 12 to July 31. With 712 games canceled, the players missed three full paychecks and part of another. Management reportedly had a $20 million "war chest" to weather the stoppage, plus a $50 million Lloyds of London strike insurance policy purchased for $2 million after the spring training strike of 1980. There was a two-week, 153-game deductible on the Lloyds policy but the club owners presumably collected $100,000 a game for 500 canceled games before the insurance ran out, 59 games (about five days) before the strike ended. STAT OF THE DAY STRIKE ONE

The 50-day baseball strike of 1981 ran from June 12 to July 31. With 712 games canceled, the players missed three full paychecks and part of another. Management reportedly had a $20 million "war chest" to weather the stoppage, plus a $50 million Lloyds of London strike insurance policy purchased for $2 million after the spring training strike of 1980. There was a two-week, 153-game deductible on the Lloyds policy but the club owners presumably collected $100,000 a game for 500 canceled games before the insurance ran out, 59 games (about five days) before the strike ended.