Mickey Mantle 1957 Yankees Contract Hits Auction Block, He Only Made $60K!

The New York Yankees contract that paid Mickey Mantle a shockingly low amount of money back in 1957 can be all yours ... if you've got a big pile of cash to buy it!!!

TMZ Sports has learned the deal that Mantle himself signed back in '57 is hitting the SCP Auctions block -- and is expected to fetch over $40,000.

It's interesting ... because Mantle -- who had just hit for the Triple Crown in 1956 with 52 home runs, 130 RBI and a .353 batting average (it was one of the greatest offensive seasons ever) -- was only scheduled to make $60k.

If that seems staggeringly low ... it's 'cause it is -- for a similar season in 2014, Giancarlo Stanton inked a 13-year, $325 MILLION deal ($25 mil a year)!!!

Of course, the Yanks got much more than they bargained for after Mantle signed on the dotted line ... he went on to win the MVP for a second consecutive season in 1957.

As for the contract itself, it's an awesome piece of history ... it's got The Mick's signature AND Hall of Famer Lee MacPhail's on it as well.

Bidding closes in two weeks ... good luck!!!