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- The United States defeated Canada 19-8 in the first Olympic Gold Medal basketball game.
- The Detroit Tigers and the St. Louis Browns set an American League record by scoring 36 combined runs in a doubleheader.
- The first meeting was held to organize the American Football League.
- With a loss to the Chicago Cubs, the Philadelphia Phillies extended their losing streak to 17 games.
- Bob Gibson of the St. Louis Cardinals throws a no-hitter against the Pittsburgh Pirates at Three Rivers Stadium. The Cardinals win the game 11-0. Or was this game at Forbes Field?
- The NFL Players Association ended their seven-week strike.
- The New York Cosmos and the Fort Lauderdale Strikes played a match in front of 77,961 fans at Giants Stadium. It was the largest crowd to witness a soccer game in the United States. The Cosmos beat the Strikers 8-3.
- Pete Rose of the Cincinnati Reds had his 4,256th (last) base hit in a game against the San Francisco Giants.
- Mark McGwire of the Oakland A's set the record for home runs by a rookie when he connected for his 39th home run of the season.
- Arsenal manager Arsène Wenger bought French midfielder Patrick Vieira from Italian side AC Milan for £3.5 million.
- Earvin "Magic" Johnson, NBA Basketball Star
- Mark Loretta was born in California