Historical Events
- 41st Sugar Bowl: #8 Nebraska beats #18 Florida, 13-10
Australian Open Women's Tennis
Australian Open Women's Tennis: Australian Evonne Goolagong Cawley retains her title; beats Martina Navratilova of Czechoslovakia 6-3, 6-2
Ballon d'Or
Ballon d'Or: Ajax forward Johan Cruyff wins back-to-back awards, and his 3rd overall, for best European football player ahead of Bayern Munich defender Franz Beckenbauer and Legia Warsaw midfielder Kazimierz Deyna
- Gold legal in US, Franklin Mint strikes Panama's Gold 100 balboa coin
Music History
Lindsey Buckingham & Stevie Nicks join Fleetwood Mac
- New York Yankees sign Cy Young Award winner Jim "Catfish" Hunter for 5 years for a record $3.75 million from the Oakland A's
- Popular Electronics displays Altair 8800 computer
Famous Birthdays
- Mario Aerts, Belgian cyclist, born in Herentals, Belgium
- Ryan Sakoda, Japanese American professional wrestler, born in Tokyo, Japan
- Tony Kanaan, Brazilian racing driver, born in Salvador, Bahia, Brazil
About December 31, 1974
Day of the Week: Tuesday
How Long Ago? 48 years, 8 months and 30 days
Leap Year: No
Generation: Generation X
Chinese Zodiac: Tiger
Star Sign: Capricorn
Music Charts
#1 Song: Lucy In The Sky With Diamonds - Elton John
#1 Song: Lonely This Christmas - Mud