In a swap of pitchers, the San Francisco Giants trade Gaylord Perry to the Cleveland Indians for Sam McDowell. It appears to be an even exchange. Perry is 33 and has a 133-109 career record. Despite pitching for some terrible teams in Cleveland, the 29 year old McDowell is 122-109 and has led the American League in strikeouts four times. Perry will be 24-16 in 1972, and from that season until the end of his career in 1983, he performs for seven teams with 181 more victories. Perry ends up with a record of 314-265 and a berth in the Hall of Fame. After the trade on this day, McDowell is 25-35 with three clubs and will exit the majors in 1975. He will later admit that alcoholism led to his downfall.