The Senators trade Jackie Jensen to the Red Sox for 18-game-winner Maury McDermott and outfielder Tom Umphlett. The Californian "Golden Boy" will win the American League Most Valuable Player award playing for Boston in 1958, but his promising career will end a few years later due to his fear of flying.
The Yankees and Orioles complete the largest trade in major league history as 17 players, including Don Larsen, Gene Woodling, and Bob Turley, change teams. The first phase of the transaction began November 18th and will conclude today after the major league draft.
Virgil Trucks returns to the Tigers in a trade for White Sox third baseman Bubba Phillips. The 38 year-old right-handed 'Fire's fastball has lost it blaze, and the right-hander will post a 6-5 record in his one-year return engagement with Detroit.
In a unanimous vote, 21 year-old Reds freshman Frank Robinson is selected by the BBWAA as the National League Rookie of the Year. The All-Star starting left fielder, who was not on Cincinnati's roster in spring training, hit 38 home runs, tying Wally Berger's 1930 record for the most trippers by a first-year player.
Future Hall of Famer Luis Aparicio is selected as the American League Rookie of the Year, beating out Indian right fielder Rocky Colavito and Oriole outfielder/first baseman Tito Francona. The 22 year-old White Sox shortstop led the American League with 21 stolen bases.
Red Sox freshman hurler Don Schwall is selected as the American League Rookie of the Year. The 25 year-old right-hander, who managed to get on the All-Star team despite making his big league debut on May 21, compiled a 15-7 record for a sixth-place team which finished ten games under .500.
The Houston Colt .45's become officially known as the Astros. The change in name for the three year-old expansion franchise is necessitated due to a dispute with the Colt firearm company and the team's proximity to the National Aeronautics and Space Administration (NASA).
The Pirates trade catcher Ozzie Virgil and pitcher Joe Gibbon to the Giants for outfielder Matty Alou. The flycatcher, who hit a meager .231 with San Francisco last year, will capture the National League batting crown next season with a .342 batting average.
After the Indians selected the outfielder as a first-year waiver pick in May, the Kansas City A's get Joe Rudi back from Cleveland when the team trades Jim Landis and Jim Rittwage to the Tribe for the return their 19 year-old highly touted prospect, along with backup catcher Phil Roof. The future Gold Glove left fielder will play a key role for the world championship teams during the early 70's in Oakland.
The White Sox trade Luis Aparicio to the Red Sox in exchange for infielders Mike Andrews and Luis Alvarado. Boston's acquisition of the future Hall of Fame shortstop shifts All-Star Rico Petrocelli, with his consent, from short to third base.
The Cubs announce Ernie Banks will serve as a coach with the club next season, ending the infielder's 19-year major league Hall of Fame career. 'Mr. Cub', the team's first black player, won back-to-back MVP awards in 1958-59, and in 1999 was named to Major League Baseball's All-Century Team
Former Indian outfielder Brett Butler signs a two-year, $1.8 million free-agent deal with the Giants. The 31 year-old leadoff hitter, who will play a vital role when San Francisco captures the NL pennant in 1989, replaces Chili Davis, who signed with the Angels, as the team's center fielder.
Mark Langston reaches an agreement with the Angels on a five-year contract worth $16 million, making the left-handed pitcher the latest highest-paid player in baseball history. The 29 year-old free agent, who had a combined 16-14 record with the Mariners and Expos last season, rejected Montreal’s three-year, $9 million offer last summer that would had made him the first major leaguer to have averaged $3 million a season.
Due to the acquisition of All-Star backstop Mike Piazza, the Mets deal fan favorite Todd Hundley along with right-hander Arnold Gooch to the Dodgers for outfielder Roger Cedeno and catcher Charles Johnson. New York then sends Johnson to Baltimore to obtain closer Armando Benitez.
Orioles first baseman Rafael Palmeiro, by passing his agent and making the deal himself, signs a $45 million, five-year deal with the Rangers. The 33 year-old All-Star corner infielder, who turned down a larger offer from Baltimore, returns to Texas, the team he left five seasons ago to join the Birds.
The Mets sign 31 year-old Gold Glove third baseman Robin Ventura (.263, 21, 91) to a four-year, 32 million dollar free-agent deal. The former White Sox infielder will join two-time Gold Glove shortstop Rey Ordonez, Edgardo Alfonzo, who will shift from the hot corner to second base, and first baseman John Olerud to make up one of the best fielding infields in history, according to Sports Illustrated.
Turk Wendell, who wears uniform number 99, agrees to a three-year deal worth $9,999,999.99 with the Mets. The New York reliever had asked that his pact include an option year in which he would play for free, but that plan was unworkable because baseball's collective bargaining agreement sets a $200,000 minimum salary.
At a news conference covered by approximately 100 members of the media, many of them from the New York papers and broadcast outlets, the Red Sox introduce Bobby Valentine as the team's new manager. Boston announces that the 61 year-old skipper, who hasn't managed in the big leagues since being fired by the Mets in 2002, has agreed to a two-year deal with the club, having options for 2014 and 2015.
The Dodgers, the first club to break the color barrier when Jackie Robinson made his major league debut in 1947, hire their first minority manager in franchise history. Dave Roberts, the team’s former center fielder and most recently the Padres' bench coach for the past two seasons, takes over the reins from the new Marlins skipper Don Mattingly, who left Los Angeles after guiding the club to three consecutive NL West titles.