The Red Sox trade first baseman Dick Stuart to the Phillies for pitcher Dennis Bennett.
The Yankees trade Phil Linz to the Phillies for infielder Ruben Amaro. Over the next three seasons, the 26-year old utility player, who became infamous for playing his harmonica on the team bus last season, will appear in only 165 games, retiring after spending just seven years in the major leagues.
The Dodgers trade two-time batting champ Tommy Davis and outfielder Derrell Griffith to the Mets for outfielder Jim Hickman and infielder Ron Hunt. Hickman leaves New York as the franchise's all-time home run leader with 60 round-trippers.
Yankee veteran third baseman Clete Boyer is traded to the Braves for outfielder Bill Robinson and a player to be named later.
The Giants trade Gaylord Perry to the Indians in exchange for all-Star pitcher “Sudden” Sam McDowell. The former San Francisco right-hander will finish his Hall of Fame career with 314 victories, and 'Sudden Sam', due to personal reasons, will post an 8-17 record for three different teams before retiring after the 1975 season.
In a trade now considered one of the worst in baseball history, the Astros, in a winter meeting deal, send Joe Morgan, Ed Armbrister, Jack Billingham, César Gerónimo and Denis Menke to the Reds for Tommy Helms, Lee May and Jimmy Stewart. In addition to giving away César Gerónimo, the regular center fielder for his new team, and Jack Billingham, who becomes a top of the rotation starter for Cincinnati, Houston loses nine-year veteran and future Hall of Famer Joe Morgan because skipper Harry Walker, not known for his tolerance, labeled the 29-year old second baseman a trouble maker.
Falling short against Baltimore in the playoffs, the A's bolster their pitching, obtaining starting pitcher Ken Holtzman from the Cubs in exchange for center fielder Rick Monday. After only nine wins with Chicago last season, the southpaw rebounds with a 19-11 record and becomes a mainstay in Oakland's rotation behind Vida Blue and Catfish Hunter.
The Yankees sign free-agent Reggie Jackson to a five-year, $3.5 million contract. During Mr. October's tenure, the Bronx Bombers will win four divisions, three pennants and two World Series.
Marge Schott, in a New York Times article, tries to explain her recent insensitive remarks by stating her reference that Adolph Hitler was initially good for Germany was in jest and that she really didn't understand why the word "Jap" was offensive. MLB will appoint a four-man panel to investigate the Reds owner's comments and will eventually suspend her for the inappropriate remarks.
Charlie Smith, the player traded to the Yankees from the Cardinals for Roger Maris in 1967, dies at the age of 57. During his two years with the Bronx Bombers, the third baseman hit only .224.
HBO Films announces its plan to make a movie out of "Game of Shadows," the book about Barry Bonds' alleged steroid use and the subsequent investigation by the federal government. The authors, San Francisco Chronicle reporters Lance William and Mark Fainaru-Wada, based much of their content on leaked secret grand jury testimony.
With fan favorites Jimmy Rollins and Cole Hamels modeling the team's new 'old' look, the Phillies unveil their alternate home uniform which will be worn during all home day games next season. The uniforms, which do not feature the familiar red pinstripes, are styled similarly to the one the club wore in the 1940s.
The Rangers sign free agent Yorvit Torrealba to a two-year deal worth $6.25 million. The acquisition of the veteran catcher, who is slated to be the team's starting backstop, fills the potential void created by the possible retirement of Bengie Molina.
The Royals have agreed to a one-year contract with right-handed reliever Jonathan Broxton. The former Dodgers closer, who missed most of last season due to bone spurs in his pitching elbow, will be used out of the bullpen in a setup role for last-inning specialist Joakim Soria.