In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to Nyc 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 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 out of 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 towards the Ruppert Estate and remained so until sold in 1945 with a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles under the Rupperts.
Following your batting helmets won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners from the 1964 season. By then, that they had added another ten championships to the Yankees World Series trophy case.
The franchise was sold for the Columbia Broadcasting System in 1965 and a dark period would follow. The Yankees were merely another focal point in CBS and the passion of winning had disappeared. Until…
… 1973. Then a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed several twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner bought out the investors and have become the club’s sole owner.
Before entering the shipping and shipbuilding industries, Steinbrenner served being a graduate assistant to Pitt football coach Woody Hayes. He was there once the Buckeyes went undefeated and captured the 1955 Rose Bowl.
George seemed to be a helper football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.
George Steinbrenner was resolute to return the Yankees with their glory days. Regardless of whether you love the Yankees, or hate them, you must admire an owner who rules having a “win first” mentality.
It was not always pretty with Steinbrenner in charge of the Yankees. Managers coming on and on. Players being publicly berated. Scandals behind the curtain. Nevertheless the bottom line 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 as a result of some complicated business transactions. However, the c’s remains the Ny Yankees. Which after Mr. Steinbrenner’s death this year, the franchise is still owned by the Steinbrenner family. And the tradition continues.
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