New York Yankees – 100 Years of Ownership

In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New york once they purchased the Baltimore Orioles. Their team was called the Ny Highlanders until its name was changed for the The big apple Yankees in 1913. A brand new era of tradition and excellence had begun.


Jacob Rupert and Tillinghast L’Hommedieu Huston acquired the franchise in 1915. The happy couple was responsible for prying Babe Ruth away from the Boston Red Sox. Ruppert purchased Huston in 1922. By 1923 the Yankees were playing in fabulous Yankee Stadium and were celebrating their first World Series title.

When Ruppert died in 1939, ownership stayed to the Ruppert Estate and remained so until purchased from 1945 to some group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles under the Rupperts.

After the koji Uehara won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners through the 1964 season. By then, they had added another ten championships for the Yankees World Series trophy case.

The franchise was sold towards the Columbia Broadcasting System in 1965 plus a dark period would follow. The Yankees were merely another focal point in CBS and also the passion of winning had disappeared. Until…

… 1973. Then a Cleveland shipbuilding mogul named George Steinbrenner came along. Steinbrenner headed a small grouping of twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner bought out the investors and became the club’s sole owner.

Before entering the shipping and shipbuilding industries, Steinbrenner served like a graduate assistant to Pitt football coach Woody Hayes. He was there once the Buckeyes went undefeated and captured the 1955 Rose Bowl.

George was also an assistant football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.

George Steinbrenner was firm to go back the Yankees with their glory days. Regardless of whether you love the Yankees, or hate them, you have to admire a holder who rules with a “win first” mentality.

It wasn’t always pretty with Steinbrenner in control of the Yankees. Managers coming all night. Players being publicly berated. Scandals under the surface. But the point is the Boss’ methods were effective. World Series championships in 1977, 1978, 1996, 1998, 1999, 2000, and 2009 are proof.

The Yankees franchise has experienced some formal legal name changes because of some complicated business transactions. However, the team is still the The big apple Yankees. And even after Mr. Steinbrenner’s death this season, the franchise is still of the Steinbrenner family. And also the tradition continues.
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