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BASEBALL & ANTITRUST: Opponents of MLB's antitrust exemption will lose two key allies when the 104th Congress is sworn in in January '95. While the retirement of Sen. Howard Metzenbaum, the leading exemption foe on the Senate Judiciary Committee, has been known since last year, Rep. Jack Brooks, the chairman of the House Judiciary Commitee who came out strongly against the exemption in hearings this fall, was defeated yesterday for re-election. However, by winning both houses of Congress, Republicans will control chairmanships of all committees and the pace and substance of legislation. In an apparent boost for the MLBPA and exemption foes, Republican Sen. Orrin Hatch, who co-sponsored a bill with Metzenbaum that would have lifted the exemption for the duration of the work stoppage and allowed the players to sue if the owners imposed a salary cap, will take over as Chairman of the Senate Judiciary. WINNING OWNERS: George W. Bush, Managing General Partner of the Texas Rangers, was elected Governor of Texas over Democratic incumbent Ann Richards. Democratic Sen. Herb Kohl of Wisconsin, the owner of the Milwaukee Bucks, easily gained re-election. BIG-NAME POLITICAL PLAYERS: Oklahoma will send two football greats to Congress: former Seahawk receiver Steve Largent and former O.U. QB J.C. Watts, both Republicans. PULL THE CHUTE, BIG DADDY: Drag racing legend "Big daddy" Don Garlits came up short in his bid for a Florida congressional seat. OTHER WINNERS AND ALSO-RANS: The graduated income tax in Massachusetts did not pass. The proposal would have raised taxes on the wealthy causing some sports agents to speculate that it could affect free agents' decisions on whether to sign with Boston teams....Arizona Gov. Fife Symington was re-elected. He supports a sales tax hike to pay for a baseball stadium to lure an MLB expansion franchise. His Democratic opponent did not....Capitals & Bullets owner Abe Pollin and Redskins Owner Jack Kent Cooke will have to deal with Marion Barry for their new arena and stadium plans. Barry completed his long-shot comeback to regain the DC Mayor's seat. However, if Cooke is thinking of sticking with his plans to move to Maryland, he won't know for some time who to contact. The Governor's race in that state remains too close to call.