The New York Yankees recently turned down a trade to bring them Reggie Jackson and send Don Baylor to the California Angels, according to The New York Times.

The Times source said Angels General Manager Mike Port, proposed the deal when New York General Manager Clyde King was calling Baylor's list of clubs to which he would accept a trade. King relayed the idea to owner George Steinbrenner, who vetoed it because the Yankees need a right-hander to replace Baylor. Jackson, 39, hit .252 with 27 home runs and 85 RBI last year. Baylor batted .231 with 23 homers and 91 RBI . . .

Boog Powell's Orioles Hall of Fame jersey, removed from a display case at Memorial Stadium, was returned several hours after the owner of a suburban sporting goods store told a Baltimore newspaper someone tried to sell him the shirt for $350.

Powell, a power-hitting first baseman with the Orioles between 1961 and 1974, figures his shoes, also enshrined at the team's Hall of Fame, are safe because "I never did run that fast" . . .

Technical Equities Corp., of San Jose, which manages investments for nearly 100 current and former professional athletes, including Hall of Fame pitcher Don Drysdale, has defaulted on large loans and could face bankruptcy, according to the San Francisco Chronicle.

Other sports personalities represented by the company include former Golden State Warrior Rick Barry and former Raiders Dave Casper and Fred Biletnikoff.