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What does “Most Valuable” mean?
Rogers Hornsby won his fifth batting title in a row in 1924, a year that also happened to be the first year of the new National League award for the most valuable player. (The American League started its incarnation of the award in 1922.)
When Dazzy Vance was chosen as the National League MVP in 1924, Branch Rickey expressed befuddlement.
“I can’t understand on what basis the committee worked out its decision,” Rickey said. “It was my understanding that the award was to have been given to the most valuable player in the league. The committee must have had a different understanding.”
Rogers Hornsby won the batting championship again in 1925, and this time won the award.
 “National League to Reward Stars,” New York Times, February 13, 1924: 23.
 “Rickey Is Disappointed,” New York Times, December 3, 1924: 17.