1978 February

3rd  F. J. “Steve” O’Neill becomes the principal owner of the Cleveland Indians under a reorganization of the club’s financial structure.

8th  The Brewers purchase OF Gorman Thomas from the Rangers.

25th  Abandoning the earlier Vida Blue deal, the Reds trade Dave Revering and cash to the A’s for P Doug Bair. Blue will go across the Bay next month.

28th  The Padres trade IF Mike Ivie to the Giants for IF-OF Derrell Thomas.