6th Dizzy Dean declares himself a holdout, demanding $25,000. He signs the next day for $19,500.
13th French-Canadian OF Gus Dugas, obtained by Montreal (IL) from Washington, signs a contract written in French.
19th Lou Gehrig signs for $30,000, $7,000 less than he asked for. Gehrig is now the highest paid player in baseball.
26th Babe Ruth is released by the Yankees to sign with the Boston Braves for $20,000 and a share in the team’s profits.