- January 13
- CBS pays US$4 billion to televise AFC games for eight years. [1]
- January 18
- 48th NHL All-Star Game: North America beats World 8-7 at Vancouver, BC, Canada. [1]
- ABL All-Star Game at Walt Disney World complex in Orlando, Florida (West beats East 102-73). [1]
- Boston Celtics retire Robert Parrish's number 00. [1]
- Kelly Robbins wins Healthsouth Golf Inaugural. [1]
- January 22
- NHL's Minnesota franchise selects the nickname Wild. [1]
- Rickey Henderson rejoins Oakland Athletics for fourth time. [1]
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- World League of American Football becomes NFL East. [1]
- January 25
- Helen Alfredsson wins Office Depot LPGA tournament. [1]
- Super Bowl XXXII: The Denver Broncos become the first AFC team in 14 years to win the Super Bowl, as they defeat the Green Bay Packers, 31-24. [1] [19]
- January 27
- WNBA begins filling rosters of Washington Mystics and Detroit Shock. [1]
- January 30
- All-Star Florida Marlins' catcher Darren Daulton retires. [1]
- January 31
- 72nd Australian Women's Tennis: Martina Hingis beats C Martinez (6-3 6-3). [1]
- February 1
- 86th Australian Mens Tennis: Petr Korda beats Marcelo Rios (6-2, 6-2, 6-2). [1]
- Australian Mixed Doubles Tennis: J Gimelstob and V Williams beat Suk and Sukova (6-2, 6-1). [1]
- NFL Pro Bowl Game, AFC beats NFC 29-24. [1]
- February 3
- Florida Panthers' player Dino Ciccarelli is 9th NHL player to score 600 career goals. [1]
- New York Yankees replace general manager Bob Watson with Brian Cashman. [1]
- February 5
- Author Tom Clancy confirms he signed agreement to purchase Minnesota Vikings for slightly more than $200 million, an NFL franchise record. [1]
- Figure skaters Nancy Kerrigan and Tonya Harding talk on FOX (Taped December 22nd). [1]
- February 6
- Minnesota Twins trade Chuck Knoblauch to New York Yankees for $3 million and four minor league players. [1]
- February 7
- (to February 22) The XVIII Olympic Winter Games are held in Nagano, Japan. [1] [7] [19]
- NHL's Dallas Stars retire Neal Broten's #7. [1]
- February 8
- First female ice hockey game in Olympics history: Finland beats Sweden 6-0. [1]
- 48th NBA All-Star Game East beats West 135-114 at New York City. [1]
- NHL stops season until February 24th to accommodate the Olympics. [1]
- February 12
- Dallas Cowboys sign Chan Gailey as their fourth head coach. [1]
- February 15
- Dale Eggeling wins Los Angeles Women's Golf Championship. [1]
- In Dayton Beach, Florida, Dale Earnhardt wins the Daytona 500 in his 20th try, after many unsuccessful attempts. [1] [19]
- February 18
- New York Rangers fire head coach Colin Campbell. [1]
- February 19
- US hockey team destroys their rooms at Olympics village in Japan. [1]
- February 20
- Tara Lipinski wins Olympics figure skating gold medal. [1]
- February 22
- XVIII Olympic Winter Games close at Nagano, Japan. [1]
- February 24
- NHL resumes season since February 8th to accommodate the Olympics. [1]
- February 26
- Steven M Gluckstern completes sale of New York Islanders. [1]
- February 28
- Vancouver Canucks Mark Messier is fourth NHL player to get 1,600 points. [1]
- March 15
- Welch's/Circle K Golf Championship. [1]
- March 17
- USA Women's Hockey Team beats Canada for first Olympic Gold medal. [1]
- March 22
- Liselotte Neumann wins Standard Register PING Golf Tournament. [1]
- March 29
- 17th NCAA Women's Basketball Championship, at Kemper Arena in Kansas City. Tennessee beats Louisiana Tech 93-75. [1]
- March 30
- 60th NCAA Men's Basketball Championship, at Alamodome, San Antonio. Kentucky beats Utah 78-69. [1]
- March 31
- Tampa Bay Devil Rays' first game; they host Detroit Tigers. [1]
- April 1
- World Ice Pairs Figure Skating Championship in Minneapolis, Minnesota; Russians Yelena Berezhnaya and Anton Sikharulidze win. [1]
- April 2
- World Mens Figure Skating Championship in Minneapolis, Minnesota; Russian Alexei Yagudin wins. [1]
- April 3
- World Ice Dance Figure Skating Championship in Minneapolis, Minnesota; Russians Anjelika Krylova and Oleg Ovsyannikov win. [1]
- April 4
- NFL Europe (formerly WLAF), kicks off season. [1]
- April 12
- 62nd Golf Masters Championship: Mark O'Meara wins. [1]
- May 2
- 124th Kentucky Derby: Kent Desormeaux aboard Real Quiet wins in 2:02.4. [1]
- May 16
- 124th Preakness: Kent Desormeaux on Real Quiet wins in 1:54.8. [1]
- May 17
- 44th McDonald's LPGA Championship. [1]
- May 24
- In Indianapolis, Indiana, the Indianapolis 500 race is held. Eddie Cheever Junior wins with an average speed of 145.155 mph. A 1998 Corvette is official pace car, driven by Parnelli Jones. [1] [8]
- June 10
- The 1998 FIFA World Cup begins in France. [19]
- June 14
- The Chicago Bulls win their 6th NBA title in 8 years when they beat the Utah Jazz, 87-86 in Game Six. This is also Michael Jordan's last game as a Chicago Bulls player. [19]
- June 16
- The Detroit Red Wings sweep the Washington Capitals in four games in the 1998 NHL Stanley Cup Finals. [19]
- July 12
- France defeats Brazil 3-0 to win the 1998 FIFA World Cup. [19]
- September 8
- Saint Louis Cardinals' first baseman Mark McGwire breaks Major League Baseball's single-season home-run record, formerly held by Roger Maris. McGwire hits number 62 at Busch Stadium in the fourth inning off of Chicago Cubs' pitcher Steve Trachsel. [19] [56]
- September 9
- A coroner records a verdict of suicide on former football player Justin Fashanu, who was found hanged in a London lock-up garage four months ago. [19]
- September 25
- Sammy Sosa hits homerun number 66 to take the lead in the Major League Baseball homerun race. Less than an hour later Mark McGwire also hits his 66th. [56]
- September 26
- The Adelaide Crows defeat the North Melbourne Kangaroos in the AFL Grand Final to become the first club to win back-to-back premierships since the VFL became the AFL in 1990. [19]
- September 27
- In the season finale, Mark McGwire ends the historic Major League Baseball season hitting his 69th and 70th home runs in the Saint Louis Cardinals' 6-3 win over the Montreal Expos. [56]
- October 14
- Eric Robert Rudolph is charged with six bombings (including the 1996 Olympic bombing) in Atlanta, Georgia. [19]
- October 21
- The New York Yankees defeat the San Diego Padres to sweep them in the baseball World Series. The Yankees had a magical season with 114 regular-season wins and 11 postseason victories (125 total - the most by any team in 123 years of Major League Baseball). [19] [56]
- October 26
- Catcher Mike Piazza signs the most lucrative contract in Major League Baseball history: over US$91 million for a seven-year deal. [56]
- November 13
- The ball hit by Babe Ruth for his first home run hit in Yankee Stadium is sold at an auction for US126,500. [56]
- December 1
- Rafael Palmeiro signs a five-year US$45 million contract with the Texas Rangers. [56]
- December 5
- D.C. United defeats Vasco da Gama 2 - 1 on aggregate to win the Interamerican Cup (one of the greatest triumphs in the history of U.S. club soccer). [19]
- December 12
- Pitcher Kevin Brown becomes baseball's first US$100+ million dollar man as he signs a seven-year deal with the Los Angeles Dodgers for US$105 million. [56]
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