TODAY IN HISTORY

JANUARY 5
1920:The Boston Red Sox sell George Herman “Babe” Ruth to the New York Yankees for $125,000. They’ve regretted it ever since.

1914: Henry Ford shares $10 million in profits with his employees and announces a $5 per day minimum wage.

1975: The Wiz, Broadway’s longest-running all-black musical, debuts. It will win seven Tony Awards.