Event:
U.S. Supreme Court rules organized baseball is a sport and not a business and thus not subject to antitrust laws
More Notable Events on May 29:
1990 Boris Yeltsin is elected president of the Russian republic
1989 Student protesters in China construct a replica of Statue of Liberty
1987 Michael Jackson attempts to buy Elephant Man's remains
1953 Edmund Hillary and Tensing Norkay are 1st to reach summit of Everest
1919 Einstein's light-bending prediction confirmed by Arthur Eddington