1920 January

5th  The Yankees announce the purchase of Babe Ruth; it had been delayed until Ruth agreed to terms believed to be $40,000 total for 2 years. (Lawrence Ritter’s The Babe, has this announcement on January 6, 11 days after the deal was consummated.)

7th  Babe Ruth reacts to the trade in the Boston Evening Transcript saying, “Frazee is not good enough to own any ball club, especially one in Boston.”

12th  A plan developed by Charles Ebbets many years ago is finally adopted: the annual drafting of players from the minor leagues will be done in inverse order to the teams’ final standings.