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 New York Highlanders until its name was changed towards the New York 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 pair was responsible 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 the koji Uehara won the 1947 World Series, Topping and Webb bought out MacPhail. The happy couple remained owners with the 1964 season. By then, that they had added another ten championships towards the Yankees World Series trophy case.
The franchise was sold towards the Columbia Broadcasting System in 1965 and a dark period would follow. The Yankees were merely another asset to CBS and also the passion of winning had disappeared. Until…
… 1973. Then a Cleveland shipbuilding mogul named George Steinbrenner came along. Steinbrenner headed a group of 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 as a graduate assistant to Pitt football coach Woody Hayes. He was there if 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 to their glory days. Regardless of whether you love the Yankees, or hate them, you need to admire the owner who rules using a “win first” mentality.
It had not been always pretty with Steinbrenner responsible for the Yankees. Managers coming on and on. Players being publicly berated. Scandals under the surface. 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 due to some complicated transactions. However, they remains the The big apple Yankees. Which after Mr. Steinbrenner’s death in 2010, the franchise continues to be owned by the Steinbrenner family. As well as the tradition continues.
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