The 1962 major league baseball season began on April 9, 1962. The regular season ended on October 3, with the San Francisco Giants and New York Yankees as the regular season champions of the National League and American League, respectively. The Giants defeated the Los Angeles Dodgers in a regular season best-of-three tiebreaker, for the National League title in three games, after both teams finished their 162-game schedules with identical 101–61 records. This was the fifth regular season tie-breaker. The postseason began with Game 1 of the 59th World Series on October 4 and ended with Game 7 on October 16. The Yankees defeated the Giants, capturing their 20th championship in franchise history.
The 1962 schedule consisted of 162 games for all teams in the American League and National League, each of which had ten teams. Each team was scheduled to play 18 games against the other nine teams of their respective league. The 162-game, 18 games per team format had previously been used by the American League since the previous season due to expansion and was the first season that the National League used it due to their own expansion. The format would be used until 1969.
Opening Day took place on April 9, featuring the four teams. The final day of the scheduled regular season was on October 1, which saw all 20 teams play, the first time all existing teams played on the final day since 1960. Due to the Los Angeles Dodgers and San Francisco Giants finishing with the same record of 101–61, a best-of-three tie-breaker was scheduled, to be considered an extension of the regular season, and took place between October 1 and October 3. The World Series took place between October 4 and October 16.
CBS and NBC continued to air weekend Game of the Week broadcasts. CBS dropped its Sunday broadcasts once the NFL season started in mid-September, dropping the option clause for affiliates to carry baseball or football in place since 1957.[24]