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The last American League player-manager was Don Kessinger who was at the helm and on the field with the 1979 Chicago White Sox. The last National League player-manager was Pete Rose who was at the helm and on the field with the 1984, 1985 & 1986 Cincinnati Reds.
Here is a breakdown of the last four decades of player-managers listed in order by their final season doing both playing and managing: Pete Rose (1986), Don Kessinger (1979), Joe Torre (1977), Frank Robinson (1976), El Tappe (1962), Hank Bauer (1961), Solly Hemus (1959), Harry Walker (1955), Eddie Joost (1954), Phil Cavarretta (1953), Fred Hutchinson (1953), Marty Marion (1953), Eddie Stanky (1953), Lou Boudreau (1952) and Tommy Holmes (1951).