1950 – The owners vote to drop the bonus and high school rule which was designed to prevent the wealthier clubs from buying up all of the available talent. The rule required that all “bonus players” had to stay on the major league roster after one season in the minors.

On ,December 12 1950 — 1950 – The owners vote to drop the bonus and high school rule which was designed to prevent the wealthier clubs from buying up all of the available talent. The rule required that all “bonus players” had to stay on the major league roster after one season in the minors.

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Sources:

Baseball Reference December 12

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National Pastime December 12

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