On March 4, 1948 — Cardinals outfielder Stan Musial ends his holdout, signing a contract for $31,000, the same salary he made last season. ‘Stan the Man,’ after being assured by new owners Robert Hannegan and Fred Saigh that his salary will be increased based on his performance, gets a pay raise of $5,000 when he is hitting .403 at the All-Star break, en route to being named the National League’s MVP.
Musial, who in 1947 batted .312 with 19 home runs and 95 RBI, will lead the National League with a .376 batting average and 131 RBI.