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New York Yankees – A hundred years of Ownership

In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to Nyc once they purchased the Baltimore Orioles. Their team was known as the The big apple Highlanders until its name was changed for the The big apple 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 happy couple was in charge of prying Babe Ruth out of 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 remained towards the Ruppert Estate and remained so until bought from 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.

After the nokona gloves won the 1947 World Series, Topping and Webb purchased MacPhail. The bride and groom remained owners through the 1964 season. At the same time, they had added another ten championships to the Yankees World Series trophy case.

The franchise was sold for the Columbia Broadcasting System in 1965 plus a dark period would follow. The Yankees were yet another asset to CBS as well as the passion of winning had disappeared. Until…

… 1973. That’s 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 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 when the Buckeyes went undefeated and captured the 1955 Rose Bowl.

George was also an assistant football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.

George Steinbrenner was firm to come back the Yankees to their glory days. Regardless of whether you love the Yankees, or hate them, you have to admire the owner who rules having a “win first” mentality.

It had not been always pretty with Steinbrenner in control of the Yankees. Managers coming and going. Players being publicly berated. Scandals behind the curtain. But the final point here is how 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 transactions. However, the c’s remains to be the The big apple Yankees. And even after Mr. Steinbrenner’s death this season, the franchise remains of the Steinbrenner family. As well as the tradition continues.
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