In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New York City when they purchased the Baltimore Orioles. Their team was referred to as New York Highlanders until its name was changed for the Ny 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 in charge of prying Babe Ruth away 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 stayed to 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 underneath the Rupperts.
After the aramis Garcia won the 1947 World Series, Topping and Webb purchased MacPhail. The happy couple remained owners with the 1964 season. At the same time, they’d added another ten championships for 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 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 as 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 seemed to be an assistant football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.
George Steinbrenner was determined to return the Yankees to their glory days. Regardless of whether you love the Yankees, or hate them, you have to admire a holder who rules having 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. However 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 because of some complicated business transactions. However, the c’s remains to be the The big apple Yankees. And even after Mr. Steinbrenner’s death this year, the franchise continues to be of the Steinbrenner family. And the tradition continues.
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