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Ny Yankees – 100 Years of Ownership

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 The big apple Highlanders until its name was changed for the New York 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 accountable for 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 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 underneath the Rupperts.

After the american league standings baseball won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners through the 1964 season. At the same time, that they had added another ten championships for the Yankees World Series trophy case.

The franchise was sold to the Columbia Broadcasting System in 1965 and a dark period would follow. The Yankees were yet 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 came along. Steinbrenner headed a small grouping of twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner purchased the investors and have become 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 when 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 firm to return the Yankees to their glory days. Whether you love the Yankees, or hate them, you have to admire a holder who rules having a “win first” mentality.

It was not always pretty with Steinbrenner in charge of the Yankees. Managers coming all night. Players being publicly berated. Scandals behind the curtain. However the bottom line 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 as a result of some complicated transactions. However, the c’s is still the Ny Yankees. Which after Mr. Steinbrenner’s death this year, the franchise continues to be owned by the Steinbrenner family. And the tradition continues.
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