- The Yankees win their first flag under Joe McCarthy.
- The Cubs triumph in the National League after Charlie Grimm replaces Rogers Hornsby as manager.
Bill Terry replaced John
McGraw as the Giants
manager in 1932.
- John McGraw steps down as Giants manager after 40 games and turns the reins over to player Bill Terry.
- The Yankees sweep the third World Series in a row in which they've appeared.
- In game three of the 1932 World Series, Babe Ruth hits two home runs.
- According to some, Ruth "calls" his last Series homer, pointing toward where it eventually lands.
- Overshadowed by Ruth, Lou Gehrig leads all Series hitters with a .529 BA, three homers, and eight RBI.
- Philly's Jimmie Foxx is selected American League MVP.
- Philly's Chuck Klein is the National League MVP.
- Foxx wins the Triple Crown in the American League (though some sources give the bat title to Boston's Dale Alexander).
- Foxx's 58 homers are the most at this juncture by anyone other than Ruth.
- Al Crowder of Washington tops the majors with 26 wins.
- The Red Sox again tumble into the cellar and set a new club record for losses with 111.
- St. Louis rookie Dizzy Dean tops the National League with 191 Ks.
- Lon Warneke of the Cubs is the National League's top winner with 22.
- Warneke leads the National League in ERA (2.37) and win pct. (.786).
- Lefty Grove leads the American League in ERA (2.84).
- Grove "slips" to 25 wins and posts his most losses (ten) since 1927.
- Red Ruffing leads the American League in Ks (190).
- Brooklyn's Lefty O'Doul wins his second National League bat crown in four years.
- Paul Waner sets an National League record (since broken) with 62 doubles.
- New York's Mel Ott wins his first National League homer crown (38).
- After the 1932 season, the A's sell Al Simmons, Jimmy Dykes, and Mule Haas to the White Sox for $100,000.
- Giant Sam Leslie sets a new major league record with 22 pinch hits.
- On June 27, Goose Goslin becomes the first to hit three homers in a game three times in his career.
- Ray Hayworth of the Tigers becomes the first catcher to work 100 consecutive errorless games.
- Brooklyn's Johnny Frederick hits a record six pinch-hit home runs during the season.
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