Event:
New York Yankees sign Jim "Catfish" Hunter to 5 years for record $3.75 million
More Notable Events on December 31:
1999 Control of Panama Canal reverts to Panama
1997 Microsoft buys Hotmail E-mail service
1993 Barbra Striesand does her 1st live public concert in 20 years
1991 U.S.S.R., last day of existence
1990 Sci-Fi Channel on cable TV begins transmitting
