||Cleveland Indians ace and future Hall of Famer Bob Feller tells the Indians he should receive a pay cut after a down season that saw Feller with a 15-14 record and a 3.75 ERA. The Indians agree and his salary is reduced by $20,000 to $45,000.
||The Detroit Tigers sell All-Star and future Hall of Fame first baseman Hank Greenberg to the Pittsburgh Pirates. Greenberg led the AL in both homers and rbi in 1946 but would struggle, by his high standards, and retire following his lone year in Pittsburgh.
||Grover Cleveland Alexander, better known as Pete Alexander becomes the ninth player elected to the Hall of Fame. Alexander played 20 years with the Philadelphia Phillies, Chicago Cubs, and St. Louis Cardinals. He is tied with Christy Mathewson for third most all-time wins at 373.