Joe DiMaggio's 56-game hitting streak ends in Cleveland's Municipal Stadium in front of 67,000 fans, July 17, 1941.

Joe Dimaggio the first AL player to make 6 Figures

On February 7, 1949, New York Yankee superstar Joe DiMaggio signs a one-year contract worth $100,000, becoming the first American League player to earn a six-figure deal in major league history. Hank Greenberg was the first player to make six figures when he accepted the Pirates offer in 1947 after being waived by the Tigers….

The New York Giants sign their first black players: Negro League players Monte Irvin and Ford Smith

The New York Giants sign their first black players: Negro League players Monte Irvin and Ford Smith

1949 – The New York Giants sign their first black players: Negro League players Monte Irvin and Ford Smith. Both men are assigned to the Jersey City Giants (International League). Irvin will star for the Giants, but Smith will never make the major leagues.

Fred Saigh buys out Robert Hannegan St Louis Cardinals Stock

Fred Saigh buys out Robert Hannegan St Louis Cardinals Stock

1949 – Fred Saigh buys out the interest of Robert Hannegan and now controls 90 percent of the St. Louis Cardinals’ stock. Saigh and Hannegan had swung the deal in 1947 with only $60,300 in cash in a $4 million deal. Hannegan comes out with $866,000 profit in two years.

Lou_Boudreau

Cleveland Indians reward player-manager Lou Boudreau with a two-year contract

On January 25, 1949, Bill Veeck and the Cleveland Indians reward player-manager and American League MVP Lou Boudreau with a two-year contract worth $62,000 with the World Champion Indians to remain the team’s player-manager. The future Hall of Famer will pilot the Tribe for nine years, six as a player, and will compile a 728-649…

1949 – The New York Giants are fined $2,000, and their manager Leo Durocher $500, for signing Freddie Fitzsimmons as a coach while he was still under contract to the Boston Braves. Fitzsimmons gets a $500 fine and a 30-day spring training suspension.

1949 – The New York Giants are fined $2,000, and their manager Leo Durocher $500, for signing Freddie Fitzsimmons as a coach while he was still under contract to the Boston Braves. Fitzsimmons gets a $500 fine and a 30-day spring training suspension.