IN THE NEWS: The Yankees announce the purchase of Babe Ruth; it had been delayed until Ruth agreed to terms believed to be $40,000 total for two years.
IN THE NEWS: Babe Ruth reacts to the trade in the Boston Evening Standard saying, "Frazee is not good enough to own any ball club, especially one in Boston."
IN THE NEWS: A plan developed by Charles Ebbets many years ago is finally adopted: the annual drafting of players from the minor leagues will be done in inverse order to the teams' final standings.
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