1926 February

1st  Wally Pipp, 33, has lost his Yankee 1B job to Lou Gehrig after 101⁄2 years; the Reds buy him for $7,500. Pipp had been the Opening Day first baseman for the past 11 seasons.

The Browns trade P Joe Bush and outfielder Jack Tobin to Washington for P Tom Zachary and Win Ballou, both of whom will be gone by July. Zachary will be back with the Senators next year in time to serve up Ruth’s 60th HR.

2nd  The NL holds its Golden Jubilee Banquet in New York. Among nearly 1,000 invited guests are 10 players from the 1876 season and 2 umpires, including Billy McLean, who was the umpire for the first NL game.

6th The Browns acquire 37-year-old catcher Wally Schang from the Yankees for pitcher George Mogridge and cash. The veteran, considered over the hill by New York, will backstop for the Browns for three seasons, outhitting his Yankee replacements each year (as noted by Lyle Spatz).

The Yankees put 22-year-old left Ben Shields, 3-0 in 1925, on the voluntary retired list. Shields has been advised by doctors that he needs rest to recover from an illness. He’ll be back in the majors in 1930, but with the Red Sox.

7th The Reds acquire C Val Picinich from the Red Sox for cash.

24th  Southpaw Eddie Plank, winner of 327 games in 17 years, dies at 51 in his native Gettysburg, PA.

28th Arriving for spring training, a chastened John McGraw announces that he is through with the real estate business. McGraw’s involvement with Pennant Park last year cost him more than $100,000. He turns his real estate interests over to a trust.

At Crescent City, Florida, a train carrying several Cleveland players derails. No players are injured and pitcher George Uhle sleeps through the incident.

The Dodgers sign Zack Wheat to a one year contract worth $16,000, which is $167 more than Dazzy Vance’s salary. Wheat wanted a two-year contract.

The Pittsburgh Pirates announce an increase in seating prices: with tax included box seats will be $1.75; Reserved $1.50; Grandstand $1.10. Bleachers will remain at $.50.