After finishing second to Yankees Joe DiMaggio (1941) and Joe Gordon (1942), Ted Williams (.342, 38, 123) wins the American League Most Valuable Player award. The Red Sox outfielder missed the last three seasons due to serving in the military during World War II.
The Pirates threaten to move the franchise from Pittsburgh unless a new municipal stadium is built to replace Forbes Field. The second division club drew 949,878 fans, the fifth best total of the eight National League teams.
The BBWAA selects Hank Aaron as the National League's Most Valuable Player. With 239 points from the writers, the Milwaukee Braves' outfielder narrowly edges out Stan Musial and his Cardinal former teammate, Giants infielder Red Schoendienst, who collect 230 and 221, respectively.
John Fetzer, a passionate fan of the game, becomes the lone owner of the Tigers when he buys out the estate of Fred Knorr. After the 1983 season, the media mogul will sell the team to pizza entrepreneur Tom Monaghan.
Reggie Jackson (.293, 32, 117) is selected unanimously as the American League's MVP. The 27 year-old right fielder of the World Champion A's, who captures all of the writers' 24 first-place votes, easily outdistances runners-up Oriole right-hander Jim Palmer (22-9, 2.40) and Royals outfielder Amos Otis (.300, 26, 93).
Baltimore right-hander Jim Palmer, runner up for AL MVP honors, is named as the American League's Cy Young Award winner. The 28 year-old Orioles hurler compiled a 22-9 along with an ERA 2.40 for the first-place club.
David Goltz, the first player to be selected by the maximum thirteen teams in the first round of the free agent draft, signs a six-year, three-million dollar contract with the Dodgers. The former Twins' pitcher (14-13, 4.16) will post a 9-19 record during his 2+ seasons with the club.
Thirty-nine year-old Rollie Fingers is released by the Brewers, bringing an end to his 17-year Hall of Fame career. The all-time major league save leader with 341, who won the American League MVP and Cy Young awards four seasons ago, will be enshrined in Cooperstown in 1992.
Nelson Doubleday and Fred Wilpon buy the World Champion Mets from the Doubleday Publishing Company for $80.75 million. In 1980, the book company had bought the franchise for a then-record $21.1 million.
The Angels announce Doug Rader will replace Cookie Rojas, their fired rookie manager who stunned when the improved fourth-place team (75-79) released him with eight games left in the regular season. The Halos' new skipper compiled a 155-200 (.437) record when piloting the Rangers from 1982 to 1985.
In the closest vote for the award since 1960, Ranger outfielder Juan Gonzalez (.314, 47, 144) wins the American League MVP. 'Juan Gone', who will also cop the honor in 1998, edges out Alex Rodriguez by just three points, getting one more first-place vote than the Mariner shortstop.
After annually alternating the schedule of the League Championship Series between the divisions, with a 2-3 format in the best-of-five series (1969–84) and a 2-3-2 format in the best-of-seven match ups (1985–1997), the LCS home-field advantage will now be awarded to the team with the best record. In the series that features the wild card winner, the divisional winner will receive home-field advantage, regardless of which team has the best record.
Diamondback southpaw Randy Johnson wins the NL Cy Young Award for the third time in his career, copping the prestigious pitching prize for the second consecutive season. The The 37-year old 'Big Unit' struck out a league-leading 347 batters while posting 19-7 record along with an ERA of 2.64 for the third-place team
For the second time in his career, Seattle skipper Lou Piniella is named the American League Manager of the Year. 'Sweet Lou', the only person to appear on every ballot, guided the Mariners to an historical 116 victories, which tied the 1906 Cubs as the winningest team in major league history.
Larry Bowa (86-76, .531) becomes the first Phillies manager to be named by the BBWAA as the National League Manager of the Year. In his first year at the helm, Philadelphia improves by 21 games, finishing the season two games behind the first-place Atlanta.
Brandon Webb (16-8, 3.10) garners 15 of the possible 32 BBWAA's first-place votes to win the NL Cy Young Award. The Diamondback right-hander, who had the fewest victories of any starter to ever win the prestigious pitching prize, beats out Padres closer Trevor Hoffman and Cardinals starter Chris Carpenter with Reds hurler Aaron Harang, who led the league in victories and strikeouts, not receiving one vote from the writers.
Bob Melvin is named National League Manager of the Year by the Baseball Writers' Association of America. The Diamondbacks skipper, who led the club to a league-best 90 victories, also was selected by his fellow managers for the same honor in The Sporting News poll.
Eric Wedge becomes the first Indians skipper to be selected by the Baseball Writers' Association of America as the American League Manager of the Year. The 39 year-old skipper led the Tribe to the AL Central title, compiling a 96-66 record in the regular season.
Major League Baseball announces the World champion Red Sox will take on the A's in the 2008 season opener at the Tokyo Dome, scheduled for March 25. The Opening Day game will mark the third time the regular major league season has started in Japan.
Only a few hours after Alex Rodriguez confirms on his website he has spoken directly with the Steinbrenner family, reports start to surface that the Yankees and their third baseman are close to a multi-year deal that would be worth as much as $290 million. The move is seen, in part, as an attempt to soften the harsh criticism incurred when A-Rod, through his agent Scott Boras, announced his decision to opt out of his contract with the team during Game 4 of the World Series.
A Santa Barbara father-son sports collectors team pays $575,912 for the bat that Kirk Gibson used to hit his dramatic World Series Game 1 home run in 1988. The winning bid was the second-highest sale price ever for a baseball bat, topped only by the $1.265 million paid in 2004 for a Babe Ruth signed bat, which was used by the 'Bambino' to hit the first home run at Yankee Stadium.
Craig Kimbrel unanimously wins the National League Rookie of the Year award. The Braves' right-handed closer, who struck out 127 batters in 77 innings, set a major league record for saves by a rookie with 46.
Former Red Sox reliever Jonathan Papelbon agrees to a four-year, $50 million free-agent deal to finish games for the Phillies. The contract is the richest ever signed by a closer, surpassing B.J. Ryan's five-year, $47 million pact with the Blue Jays.
Mike Matheny is named to succeed Tony La Russa, who retired as the manager of the Cardinals a few days after leading the Redbirds to a world championship. The 41 year-old former minor league instructor, who served as a special assistant to general manager John Mozeliak, has no previous managerial experience.
In one of the closest races to determine the American League Cy Young Award winner, Rays' southpaw David Price (20-5, 2.56) outpoints last year's recipient Tigers ace Justin Verlander (17-8, 2.64) by the slim margin of four points. The difference proves to be the one first-place vote given to the Tampa Bay left-hander's teammate, closer Fernando Rodney.
For the second consecutive season, Miguel Cabrera (.344, 44, 137) is named the AL Most Valuable Player. The Detroit third baseman, who received 23 of 30 first place votes to finish ahead of Mike Trout and Chris Davis, joins Hal Newhouse (1944-45) and Hank Greenberg (1935, 1940) as the only players to win the prestigious award twice while playing for the Tigers.
After leading the Pirates to their first postseason appearance since 1992, Andrew McCutchen (.317, 21, 84) is named the National League's Most Valuable Player. The Pittsburgh outfielder garners 28 of the writers' 30 first-place votes, easily outdistancing runners-up Diamondback first baseman Paul Goldschmidt and Cardinal catcher Yadier Molina for the MVP honor.
The National College Baseball Hall of Fame announces that its new facility to be built in Lubbock, Texas will be named after George H.W. Bush, who was a first baseman and captain for Yale. The 41st president of the United States participated in the College World Series with the Bulldogs in 1947 and '48, the inaugural years of the collegiate national championship.
The Tigers come to terms on a $68 million, four-year deal with 35 year-old Victor Martinez, the team's designated hitter who finished second behind Mike Trout in the AL MVP balloting this year. The Detroit DH helped the team to capture its fourth straight AL Central title, hitting .335 with 32 home runs while driving 103 runs.