||Felix Hernandez and the Mariners agree to a 7-year, $175 million contract making Seattle’s ace the highest paid pitcher in baseball history.
||44-year old Dave Winfield announces his retirement. Winfield joins Hank Aaron, Willie Mays, Stan Musial, and Carl Yastrzemski as the only players with 3,000 hits and 400 home runs. He will be elected to the Hall of Fame in 2001.
||Joe DiMaggio and the New York Yankees agree on a one year deal worth $100,000 making DiMaggio the first player in Major League history to sign a six-figure deal. While DiMaggio’s 1948 season is what earned him the deal, in 1949 the 34-year old only played in 76 games.
||The Boston Braves buy Ernie Lombardi from the Cincinnati Reds. Lombardi will make the NL All-Star team and will win the batting title by hitting .330.
||The St. Louis Browns purchase Rube Waddell from the Philadelphia Athletics for $5,000. Waddell would pitch three seasons for the Browns winning 33 games while carrying a 2.16 ERA. He will be elected to the Hall of Fame in 1947.