The San Francisco Giants have granted the wish of right-hander Rick Reuschel, a 1987 Cy Young Award contender, and signed the veteran through 1989 season . . . The Kansas City Royals released outfielder Lonnie Smith . . . Reggie Jackson, 41, who had indicated but not confirmed retirement, elected -- so as to keep his options open -- free agency rather than assignment to a minor league roster by Oakland. So did reliever Bill Caudill . . .

Babe Ruth's 60 home runs in 1927 has been voted his greatest feat by a nationwide panel of baseball experts, the Babe Ruth Birthplace Museum in Baltimore announced as it unveiled a new exhibit commemorating his five greatest moments.

Second: his 714 career home runs. Third: "the called-shot home run" in the 1932 World Series. Fourth, his 29 2/3 consecutive scoreless innings pitched in World Series. Fifth, the 1926 World Series homer hit for a dying boy.

Ruth told young Johnny Sylvester, "I'll knock a homer for you in Wednesday's game." After doing so, he sent the ball to the lad's hospital bed in New York. Ruth hit three home runs that day against St. Louis and the news put the youngster on his way to a full recovery from a bone marrow ailment, legend has it.

Today, said Ruth museum director Mike Gibbons, Sylvester is 74 "and doing just fine."