» Oakland's 24-year–old Barry Zito wins the American League Cy Young Award.
Anaheim's Mike Scioscia wins the AL Manager of the Year award while St. Louis' Tony LaRussa takes National League honors.
The Giants announce that manager Dusty Baker won't be returning with the team.
» Major league owners vote to eliminate two teams before the start of next season. Minnesota, Montreal, Florida, and Tampa Bay are the teams under consideration.
Gold Glove award winners are announced. Ivan Rodriguez wins his 10th straight to tie Johnny Bench for the most by a catcher, Greg Maddux wins his 12th straight to extend his NL record for pitchers, and Roberto Alomar wins for the 10th time, the most ever for a 2B.
» Mariners relief P Kazuhiro Sasaki wins the AL Rookie of the Year award. He is the second-oldest player to ever win rookie honors; only Sam Jethroe, who played in the Negro Leagues before the Braves, was older.
» Cubs fireballer Kerry Wood, with a 13–6 record, wins the National League Rookie of the Year award. Wood held batters to a NL best .196 average and was 3rd in the NL in strikeouts with 233 in just 166 2/3 innings.
» Dusty Baker is named National League Manager of the Year.
The Red Sox trade Ps Aaron Sele and Mark Brandenburg and C Bill Haselman to the Rangers in exchange for C Jim Leyritz and OF Damon Buford.
» In Chicago, the ML owners decisively reject a proposed labor agreement that would have ended a 3-year stalemate. The 18-12 vote threatens to plunge baseball back into full-fledged hostilities between the owners and players' union.
Todd Hollandsworth is voted the 1996 National League Rookie of the year, the 5th year in a row that the award has gone to a Dodger. The previous four were Eric Karros, Mike Piazza, Raul Mondesi, and Hideo Nomo. Hollandsworth played 41 games in 1995 (103 at bats) but a broken right hand in May and a broken right thumb in August of '95 kept him eligible for the rookie award.
» The Twins' Chuck Knoblach is named the American League Rookie of the Year. Knoblach hit .281 and stole 25 bases in 30 tries. His 15 post-season hits is a record for first-year players.
» Braves OF Dave Justice wins the National League Rookie of the Year award. He hit .282 with 28 home runs, 20 coming after he replaced Dale Murphy in RF in early August.
» The Royals trade pitcher Danny Jackson and SS Angel Salazar to the Reds for pitcher Ted Power and SS Kurt Stillwell.
» Willie Hernandez wins the American League MVP Award, joining Rollie Fingers as the only relief pitchers to be named MVP and Cy Young Award winner in the same season. Kent Hrbek is 2nd with Dan Quisenberry third. Boston's Tony Armas is the 7th, despite winning the home run and RBI titles; the last player to lead in those categories and not win was Ted Williams.
» Mariners GM Lou Gorman, who had been with the club since its inception, resigns to become vice president of the New York Mets.
» The Yankees release Andy Messersmith, who will sign with the Dodgers. Messersmith never really recovered from the separated shoulder suffered in spring training.
» Former Twins relief ace Bill Campbell becomes the first of the free-agent crop to sign with a new team, joining the Red Sox with a contract calling for $1 million over four years.
» The Dodgers Mike Marshall becomes the first relief pitcher to win the Cy Young Award. Ironman Marshall set ML records with 106 appearances and 208 innings in relief.
» The Twins Jim Perry wins the American League Cy Young Award in a close race. Perry, who won 24 games during the season, receives 55 points to edge out Dave McNally (47), Sam McDowell (45), and Mike Cuellar (44).
» Denny McLain and Mike Cuellar finish dead even in American League Cy Young Award voting.
» Answering rumors that senior consultant Rickey wants Stan Musial to retire, Cardinals owner August Busch says The Man will play until it is time to become a club vice president. Further, Bing Devine is still running the club.
» Dodgers President Walter O'Malley denies the farm system constitutes a monopoly. He cites the Dodgers' deficit in 1950.
» Branch Rickey signs a 5-year contract as executive vice president/GM with the Pirates.
» Billy Southworth leaves the Cardinals to sign a
3-year contract with the Braves, who are making aggressive
moves under Lou Perini and other new owners. Eddie
Dyer will become the new Cardinal pilot.
» The three DiMaggio brothers play together for the first time, making up an outfield for an all-star team in a West Coast charity game.
The St. Louis Cardinals hire Ray Blades to manage the team in 1939. Blades, manager of Rochester this past season, will be replaced by Billy Southworth.
» P Sad Sam Jones, after 21 successive but not always successful American League seasons, is released by the Chicago White Sox.
» Sidney Weil quits as Cincinnati Reds president. Larry MacPhail acquires an interest in the team and is elected director. MacPhail will become GM.
» The Pirates trade SS Dick Bartell, a .320 hitter, to the Phillies for defensive star SS Tommy Thevenow, and P Claude Willoughby. The Phils get the better of the shortstop swap, while Willoughby lives up to his nickname "Flunky."
» The Sporting News publishes the official National League averages, which show King Kelly as the batting champ with a .388 average, 17 points ahead of Cap Anson. The paper previously had printed its own stats showing Anson ahead, .374 to .366.