In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New york when they purchased the Baltimore Orioles. Their team was referred to as The big apple Highlanders until its name was changed to the Ny 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 accountable for prying Babe Ruth away from the Boston Red Sox. Ruppert bought out 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 for the Ruppert Estate and remained so until purchased from 1945 with a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles beneath the Rupperts.
After the new york yankees standings won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners with the 1964 season. At the same time, they’d added another ten championships to 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 yet another focal point 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 being 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 was also a helper 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 need to admire the owner 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 behind the curtain. Nevertheless the final point here 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 c’s remains to be the New York Yankees. And even after Mr. Steinbrenner’s death this year, the franchise continues to be owned by the Steinbrenner family. And also the tradition continues.
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