Before a then-record crowd of 2,500 fans and 21 previously inducted Hall of Famers, Whitey Ford and Mickey Mantle were elected to the Hall of Fame by the BBWAA. Enshrined at the August 12, 1974 induction along with the former Yankee teammates were Cool Papa Bell, Jocko Conlan, Jim Bottomley and Sam Thompson. There were three recipients of the J.G. Taylor Spink Award for meritorious contributions to baseball writing: former New York Times writer John Kieran, WarrenBrown, who wrote for a number of Chicago newspapers, and John Drebinger, a 41-year veteran of the New York Times.
- 1974 Hall of Fame, Cool Papa Bell, Jim Bottomley, Jocko Conlan, Mickey Mantle, Sam Thompson, Whitey Ford