1992 – Arbitrator George Nicolau overturns the suspension of Yankees pitcher Steve Howe for being too severe. The pitcher is re-signed by the team.
The Pirates and Barry Bonds agree on a deal which will keep the outfielder in Pittsburgh for another season. The contract is worth $4.7 million, making the deal the richest one-year commitment in baseball history.
1992 – MLB owners refuse to grant permission for the San Francisco Giants to move to St. Petersburg, FL.
Drayton McLane, Jr. officially becomes owner of the Houston Astros, purchasing the team from John McMullen for $115 million.
Lou Piniella is named manager of the Seattle Mariners.
On November 7, 1922, future Hall of Fame outfielder, Sam Thompson died at the age of 62. Thompson batted .331 over a 15-year major league career. When Babe Ruth hit his 128th career homer, in 1921, it was Sam Thompson’s career record that he broke. Unfortunately, Thompson has been forgotten ever since. But…
1992 – Nolan Ryan adorns the City Hall of his hometown Alvin, TX. The pitching legend is shown wearing the uniform of the Texas Rangers where he finishes his career rather than the uniform of nearby Houston where he toiled for nine seasons.
The Reds trade Paul O’Neill and Joe DeBerry, a minor leaguer, to the Yankees for Roberto Kelly. The deal works well for the Bronx Bombers as the popular outfielder will become a team leader, playing a vital role in four World Series championships before he retires prior to the 2002 season.
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