The American Association disbands. The Baltimore Orioles, St. Louis Browns, Louisville Colonels and Washington Senators will become part of the 12-team National League.
John Day is named as the Giants manager. New York's new skipper will be replaced by Fred Hoey after just 66 games next season when the team gets off to a 29-35 start.
The Yankees trade three pitchers to the Browns to get back Urban Shocker, a pitcher traded to St. Louis in 1918. Shocker had been a 20-game winner for four consecutive seasons.
The Cardinals trade former National League Most Valuable Player Jim Bottomley to the Reds. The Redbirds get Estel Crabtree, who will play in only 23 games, and Ownie Carroll, who will be shipped to Brooklyn before the start of the season, in a deal which appears to be a steal for a nine-time .300 hitter and future Hall of Famer with productive years left.
The Yankees fire long time television and radio voice Mel Allen. This well known broadcaster popularized the 'going, going, gone' home run call and often said 'how about that' to describe happenings on the ball field.
Bill Veeck, who became the owner of the team yesterday, fires manager Chuck Tanner and selects old friend Paul Richards to manage the White Sox.
The Twins sign free-agent DH/outfielder Dave Winfield. Last season for the World Champion Blue Jays, the St. Paul native hit .290 and had 108 RBIs and 26 home runs.
Rickey Henderson returns to the A's signing a two-year $8.6 million contract.
City and club officials announce plans for the financing and construction of a new, downtown Miami retractable roof ballpark for the Marlins. The state-of-the-art $385 million stadium, which will be a 40,000-seat facility with 60 luxury suites, includes a 40-year lease and an agreement to rename the team the Miami Marlins.
After bringing the team to the brink of a world championship, Russ Ortiz (14-10, 3.78) is traded by the Giants to the Braves for sophomore southpaw Damian Moss (12-6, 4.11) and minor league prospect Manuel Mateo. The 27-year old right hander left Game 6 with a 5-0 margin, but the San Francisco bullpen was unable to hold the lead and lost the series to the Diamondbacks in seven games.
After agreeing to basics weeks ago, the Yankees and 35-year old Gary Sheffield (.330, 39, 132) finalize a $39 million, three-year deal which includes $13.5 million in deferred money and a $13 million team option for 2007. The seven-time All-Star outfielder played with the Braves last year and has spent time with the Padres, Marlins and Dodgers after breaking in with the Brewers in 1988.
Although the terms of the deal are not made public, Edgar Renteria (.287, 10, 72) inks a four year contract believed to be worth $40 million with the World Champion Red Sox. The former Cardinal shortstop, who made the last out in the World Series ending Boston’s 86-year drought, replaces fellow Colombian Orlando Cabrera, the player obtained in July in the Nomar Garciaparra trade.
The last place Mariners continue to sign impact free-agents in hopes to improve upon last season’s poor performance (63-99) as the team signs 25-year-old Adrian Beltre (.334, 48, 121) to a $64 million, five-year deal. The former Dodger third baseman joins Richie Sexson, a free agent Seattle signed to a four-year, $50 million contract two days ago.
A tentative three-team deal which included Diamondback southpaw Randy Johnson and pitcher Kazuhisa Ishii being traded to the Yankees, Dodger outfielder Shawn Green and pitcher Brad Penny being sent to the Diamondbacks, with Jose Vazquez and prospects going to the Dodgers falls apart at the eleventh hour. The blockbuster transaction is stopped when LA backs out.
The Yankees continue to sign their own free agents as the team finalizes a $45 million, three-year contract with their 38-year old closer, Mariano Rivera (3-4, 3.15). Earlier in the off-season, the Bronx Bombers also signed Jorge Posada ($52.4 million/ 4 years), Alex Rodriguez ($275/ 10 years) and Andy Pettitte ($16 million/ 1-year).
After losing the right-hander to free-agency two seasons ago, the Cubs sign Kerry Wood, one of the franchise's most popular players of the recent past, to a $1.5 million, one-year deal that includes bonuses for appearances and games finished. After attending Ron Santo’s funeral last week, the 33-year old free-agent reached out to Tom Ricketts, letting the club owner know he would accept a modest offer to return to the northside of Chicago.
The Tigers announce coming to terms with Magglio Ordonez when the outfielder agrees to a one-year, $10 million deal. Two months ago, the team declined a $15 million option on their starting right-fielder who suffered a broken ankle in July, appearing in only 84 games.
The Padres and Orlando Hudson have agreed to a two-year deal valued at $11.5 million. The former Minnesota second baseman is expected to fill the void created by the departure of David Eckstein to free agency.
The Padres acquire their former shortstop Jason Bartlett and a player to be named later by trading relievers Adam Russell and Cesar Ramos, along with minor leaguer right-hander Brandon Gomes and infielder prospect Cole Figueroa to the Rays. At the end of the day, the Friars will finalize their deal with second baseman Orlando Hudson completing the team's new double-play combination for next season.
The Reds obtain right-hander Mat Latos from the Padres for four players that include two former first-round picks, infielder Yonder Alonso and catcher Yasmani Grandal, along with starting pitcher Edinson Volquez and minor leaguer Brad Boxberger. The deal fills a serious need by bolstering Cincinnati's rotation, but many observers believe the team gave up too much to acquire the quality starter.
In a seven-player swap, the Mets acquire highly-regarded minor leaguers Travis d'Arnaud, a catcher, and righthanded pitcher Noah Syndergaard, in addition to backstop John Buck and outfielder Wuilmer Becerra from the Blue Jays in exchange for righthanded pitcher R.A. Dickey and catchers Josh Thole and Mike Nickeas. New York decided to deal their 38 year-old knuckleballer, last season's NL Cy Young award winner who had a year remaining on his contract, to procure two of Toronto's top prospects.