At the annual meeting, the major leagues head off the quest of the Pacific Coast League for major league status and grant more territorial protection for the upper minors by creating a new AAA classification for the PCL, American Association, and International League. The Eastern and Texas Leagues are promoted from Class A to AA. The South Atlantic League moves to Class A from Class B.

For the majors, returning servicemen are given increased protection for one year and the limiting of rosters to 25 players will be delayed until June 15th.

The Reds sell 1B Frank McCormick to the Phillies.