» Dallas Green resigns as president and general manager of the Cubs, citing "philosophical differences" with the Tribune Company, which owns the club.
» Padres pitcher LaMarr Hoyt is arrested at the U.S.-Mexico border for possession of illegal drugs, the 3rd time he has been arrested on drug charges. He will be sentenced to 45 days in jail on December 16th.
» Cardinals pitcher Joaquin Andujar is suspended for the first 10 games of the 1986 season as a result of his game 7 tantrum during which he twice bumped home plate umpire Don Denkinger.
» Bill Giles, the Phillies vice president for the past 11 years, heads a group of investors which purchases the club for just over $30 million, the highest price paid to date for a ML club. Giles is the son of longtime NL president Warren C. Giles.
» Boston's Fred Lynn is the overwhelming choice as AL Rookie of the Year.
» Tom Seaver is voted the NL Cy Young Award.
» Branch Rickey rejoins the Cardinals as a senior consultant for player development.
The Nankai Hawks of the Pacific League win the Japanese WS by sweeping the Yomiuri Giants 4-0.
Early Wynn of the White Sox wins the Cy Young Award, getting 13 of the 16 votes.
The Dodgers sign former manager Charley Dressen as a coach.
» Arguably their best trade ever, the White Sox send C Joe Tipton, who hit .204 in his one season in Chicago, to the Athletics for young Nellie Fox.
» Happy Chandler, who had continued to serve in the U.S. Senate after becoming commissioner, resigns his political office. He will presently move the commissioner's quarters to Cincinnati.
» Lefty Grove, the A's P who won 31 games, is named the AL's MVP. He led the league in strikeouts for the 7th straight season and topped all pitchers in winning percentage, ERA, and complete games.
» The Giants send OF Lefty O'Doul and cash to the Phils for OF Freddy Leach.
» The Yankees sign Red Sox manager Ed Barrow as business manager, completing the front office team that will build the game's most successful record. Hugh Duffy replaces Barrow in Boston.
The Giants win their 2nd consecutive WS by taking this year's best-of-11 matchup in 9 games. After spotting the Bridegrooms 2 runs in the first, the Giants rally to win 3-2 behind O'Day's pitching.
Ned Williamson and Silver Flint sign with Chicago for 1888 despite the Brotherhood pledge.