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This Day in Braves History: February 1

1913 - Olympic here Jim Thorpe signs with the New York Giants.

1926 - The New York Yankees send first baseman Wally Pipp to the Cincinnati Reds in exchange for cash.

1947 - Commissioner Happy Chandler announces the creation of a pension plan for major league players. The plan will pay players who have accumulated five seasons in the major leagues with $50 a month starting at age 50. A player will receive an extra $10 per month for each additional year of service up to a maximum of $100.