1935 - Babe Ruth signs a contract with the Boston Braves. Ruth will serve as a player, coach and team vice president.
MLB History
1901 - The National League Rules Committee declares that all foul balls will count as strikes, except after two strikes. The American League will not adopt this rule for several more years.
1907 - The New York Highlanders acquire catcher Branch Rickey from the St. Louis Browns in exchange for infielder Joe Yeager
1908 - The sacrifice fly rule is instituted. No at-bat will be charged to a hitter if a run scores after the catch of a fly ball.