[Lord Byron]

-Financier and investment magnate Cory Moore becomes the new owner of the New York Mets.
-San Francisco Giants owner Stephen Webb, Jr. passes away and his son, Stephen III, becomes the new owner of the Giants.
-The Washington Senators move to Arlington, Texas and become the Texas Rangers, moving to the AL West, while the Milwaukee Brewers move to the AL East.
-The Kansas City Royals traded 29-year-old LHP Fred Norman and 22-year-old RF Don Hahn to the Chicago White Sox, getting 21-year-old RHP Milt Wilcox in return.
-The New York Mets traded 30-year-old SSP Gil Garrido to the Oakland Athletics, getting 24-year-old LHP Bill Lee and 24-year-old RHP Steve Kline in return.
-The San Francisco Giants traded 29-year-old 3B Bob Bailey to the New York Mets, getting 24-year-old LF Jim Spencer in return.
-The Los Angeles Dodgers traded 24-year-old 2B Doug Griffin to the Atlanta Braves, getting 32-year-old RHP Pete Mikkelsen in return.
-The Chicago Cubs traded 20-year-old CF Mike Anderson to the Atlanta Braves, getting 30-year-old RHP Eddie Watt and 23-year-old 3B Aurelio Rodriguez in return.
-The Chicago Cubs traded 28-year-old 3B Rico Petrocelli to the Chicago White Sox, getting 29-year-old RHP Ron Reed and 20-year-old 2B Derrel Thomas in return.
-The Cincinnati Reds traded 28-year-old 3B Paul Schaal and 24-year-old RF Ted Ford to the Atlanta Braves, getting 26-year-old RHP Rick Wise in return.
-The San Francisco Giants traded 25-year-old CF Norm Miller to the New York Mets, getting 25-year-old LHP Paul Splittorff and $817,400 in cash in return.
-The Pittsburgh Pirates traded 30-year-old C Phil Roof to the California Angels, getting 24-year-old RHP Buzz Capra and 24-year-old RHP Mike Strahler in return.
-The San Francisco Giants traded 27-year-old RHP Dick Bosman to the Chicago Cubs, getting 24-year-old 3B Don Money in return.
-SP Sandy Koufax and SP Billy O'Dell are inducted into the 1972 class of the Baseball Hall of Fame.