MILEPOSTS—FIRED: As football coach at Kansas, BOB VALESENTE, 47, who in his two seasons was 4-17-1.
TRADED: By the Edmonton Oilers, All-Star defenseman and two-time Norris Trophy winner PAUL COFFEY, 26, left wing DAVE HUNTER, 29, and a minor leaguer, to the Pittsburgh Penguins for centers DAVE HANNAN, 26, and CRAIG SIMPSON, 20, and defensemen CHRIS JOSEPH, 18, and MOE MANTHA, 26.
By the Utah Jazz, center DARRYL DAWKINS, 30, to the Detroit Pistons for second-round draft picks in 1988 and '90.
UPHELD: By the New York State Supreme Court, terms of the deed of gift of the America's Cup that would require the San Diego Yacht Club to accept a challenge by a New Zealand syndicate to hold a Cup defense late next summer, three years earlier than planned, in boats much larger than the 12-meter yachts used in Cup competitions since 1958 (page 28).
DIED: FLOYD CAVES (Babe) HERMAN, 84, who played first base and outfield for the Brooklyn Dodgers, Cincinnati Reds, Chicago Cubs, Pittsburgh Pirates and Detroit Tigers from 1926 through '37 and in '45; of complications from pneumonia; in Glendale, Calif. Herman, who had a .324 lifetime average, hit .393 for Brooklyn in '30.