The Yankees and Giants met for a rematch of the 1936 World Series, and again the Bronx Bombers were rated as heavy favorites, paced by future Hall of Famers Lou Gehrig and Joe DiMaggio.

As usual, "King" Carl Hubbell ranked among the National League's best hurlers, but he had little luck with the Yankees in the opener which was played in the Bronx. Hubbell was cruising along until the bottom of the sixth, when the Bombers broke through for seven runs. Yankee starter Lefty Gomez, a notoriously weak hitter, drew two walks that inning, and he went the distance for the eventual 8-1 decision.

Game 2 was another 8-1 Yankee romp. George Selkirk drove in three runs, as did starter Red Ruffing, who allowed seven hits while performing complete-game chores.

The World Series shifted to the Polo Grounds the next day for Game 3, not that it did the Giants any good. They couldn't solve Yankee starter Monte Pearson, who took a 5-1 lead into the ninth. The Giants, however, did load the bases with two outs, but Johnny "Grandma" Murphy came in to retire Harry Danning on a fly to center, to end the game. The National Leaguers finally got on the board in Game 4, scoring six runs in the second on their way to a 7-3 win.

The Giants' survival was short-lived, however, as Gomez took the hill in Game 5 and limited the home club to two runs despite allowing 10 hits. Mel Ott hit a long two-run homer in the bottom of the third, tying things at two, but the Yankees scored twice in the fifth to take a 4-2 lead, and won the game and the series by the same score.

Managers: Joe McCarthy, NYY; Bill Terry, NYG