In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New York City after they purchased the Baltimore Orioles. Their team was called the New York Highlanders until its name was changed for the The big apple Yankees in 1913. A fresh era of tradition and excellence had begun.
Jacob Rupert and Tillinghast L’Hommedieu Huston acquired the franchise in 1915. The bride and groom was accountable for prying Babe Ruth 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 remained to the Ruppert Estate and remained so until sold in 1945 to some group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles underneath the Rupperts.
Following your keston hiura won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners with 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 along with a dark period would follow. The Yankees were merely another focal point CBS and also the passion of winning had disappeared. Until…
… 1973. This is when 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 became the club’s sole owner.
Before entering the shipping and shipbuilding industries, Steinbrenner served being a graduate assistant to Ohio State football coach Woody Hayes. He was there once the Buckeyes went undefeated and captured the 1955 Rose Bowl.
George was also 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 go back the Yankees with their glory days. Whether you love the Yankees, or hate them, you have to admire a holder who rules using a “win first” mentality.
It had not been always pretty with Steinbrenner in charge of the Yankees. Managers coming and going. Players being publicly berated. Scandals under the surface. But the point is that 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 transactions. However, the c’s remains to be the New York Yankees. And even after Mr. Steinbrenner’s death in 2010, the franchise remains owned by the Steinbrenner family. As well as the tradition continues.
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