3rd The Yankees tour Japan and draw a record crowd of 64,000 when they play the first game against the All-Japan Stars in Osaka. Andy Carey slugs 13 HRs, and Elston Howard bats .468 on the 25-game tour.
17th The Cubs trade Ralph Kiner to the Indians for $60,000 plus OF Gale Wade and P Sam Jones. Cleveland GM Hank Greenberg, and old friend and teammate of Kiner’s, engineered the dealt. Kiner’s HR total fell to 22 in 1954, though he hit .285.
18th The Athletics give manager Eddie Joost his unconditional release and hire Lou Boudreau to replace him.
In an enormous two-part trade begun on November 14, the Yankees and Orioles exchange 17 players. Included are 1B Dick Kryhoski, pitchers Bob Turley and Don Larsen, and SS Billy Hunter from Baltimore. To the Orioles go OF Gene Woodling, SS Willie Miranda, pitchers Harry Byrd and Jim McDonald, and catchers Gus Triandos and Hal Smith. The trade will help both teams.
22nd The Pirates draft young Roberto Clemente from the Dodgers farm system. Clemente hit just .257 at Montreal and Brooklyn assumed he would not be noticed.