February 7, 1949
The New York Yankees sign Joe DiMaggio for $100,000. It is the first six-figure contract in MLB history.
DiMaggio only played 76 games in 1949 hitting .346. However, the next year he would play 139, hit .301, and 32 home runs.
February 7, 1958
The Dodgers officially become the Los Angeles Dodgers.
The move west had the Dodgers playing their first four season in the LA Coliseum until Dodger Stadium is built in 1962.
Born on this day:
1950 Burt Hooton
1953 Dan Quisenberry