Commissioner Kenesaw Mountain Landis announces that he is cutting his salary by 40 percent. Landis’s action is a sign of the times during the Great Depression; most players will have their salaries reduced for the coming season.

Jan 7, 1933 | This Day In Baseball |

On January 7, 1933 — Commissioner Kenesaw Mountain Landis announces that he is cutting his salary by 40 percent. Landis’s action is a sign of the times during the Great Depression; most players will have their salaries reduced for the coming season.

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