In separate deals, the New York Yankees acquire OF Ruppert Jones from the Seattle Mariners and C Rick Cerone and P Tom Underwood

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In separate deals, the New York Yankees acquire OF Ruppert Jones from the Seattle Mariners and C Rick Cerone and P Tom Underwood from the Toronto Blue Jays, giving up seven players, including popular 1B Chris Chambliss, SS Damaso Garcia, OF Juan Beniquez, and Ps Jim Beattie and Paul Mirabella. Chambliss will be with the Blue Jays a month before they swap him to the Atlanta Braves.

Edward Bennett Williams buys the Orioles for a reported $12.3 million from Jerold Hoffberger

ByThis Day in Baseball

Edward Bennett Williams buys the Orioles for a reported $12.3 million from Jerold Hoffberger. The successful trial attorney will own the club until his death in 1988, and under his ownership, the team will sign a new long-term lease with the city of Baltimore that will pay for the innovative Oriole Park at Camden Yards, a ballpark he will not live to see.