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 referred to as Ny 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 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 was left towards the Ruppert Estate and remained so until sold in 1945 to a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles underneath the Rupperts.
Following your new york yankees standings won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners from the 1964 season. At the same time, that they had added another ten championships towards the Yankees World Series trophy case.
The franchise was sold to the Columbia Broadcasting System in 1965 along with a dark period would follow. The Yankees were just another focal point in CBS as well as the passion of winning had disappeared. Until…
… 1973. This is when a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed a small grouping of twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner purchased the investors and became the club’s sole owner.
Before entering the shipping and shipbuilding industries, Steinbrenner served like 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 around the football field carried over into his business life.
George Steinbrenner was resolute to come 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 all night. Players being publicly berated. Scandals under the surface. However 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 as a result of some complicated business transactions. However, the c’s is still the New York Yankees. And even after Mr. Steinbrenner’s death this season, the franchise is still belonging to the Steinbrenner family. And also the tradition continues.
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