In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to Nyc once they purchased the Baltimore Orioles. Their team was referred to as Ny Highlanders until its name was changed towards the New York 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 bride and groom 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 was left to the Ruppert Estate and remained so until bought from 1945 to a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles under the Rupperts.
After the tom brady Gisele won the 1947 World Series, Topping and Webb bought out MacPhail. The bride and groom remained owners through the 1964 season. At that time, that they had added another ten championships for the Yankees World Series trophy case.
The franchise was sold towards the Columbia Broadcasting System in 1965 along with a dark period would follow. The Yankees were merely another focal point CBS and the passion of winning had disappeared. Until…
… 1973. That’s when a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed a group 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 as a graduate assistant to Ohio State football coach Woody Hayes. He was there if the Buckeyes went undefeated and captured the 1955 Rose Bowl.
George seemed to be an assistant football coach at Northwestern and Purdue universities. His competitiveness about the football field carried over into his business life.
George Steinbrenner was firm to come back the Yankees for their glory days. Whether you love the Yankees, or hate them, you must admire a holder who rules with a “win first” mentality.
It wasn’t always pretty with Steinbrenner in control of the Yankees. Managers coming and going. Players being publicly berated. Scandals behind the scenes. However the point is how 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 due to some complicated business transactions. However, the c’s remains the Ny Yankees. Which after Mr. Steinbrenner’s death in 2010, the franchise remains of the Steinbrenner family. As well as the tradition continues.
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