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Ny Yankees – A hundred years of Ownership

In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New york when they purchased the Baltimore Orioles. Their team was called the The big apple Highlanders until its name was changed to 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 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 stayed towards 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.

Following your tom brady Gisele won the 1947 World Series, Topping and Webb purchased MacPhail. The bride and groom remained owners from 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 just another focal point CBS and the passion of winning had disappeared. Until…

… 1973. This is when a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed several twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner bought out the investors and became 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 have also been a helper football coach at Northwestern and Purdue universities. His competitiveness about the football field carried over into his business life.

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

It wasn’t always pretty with Steinbrenner in charge of the Yankees. Managers coming all night. Players being publicly berated. Scandals under the surface. But 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 due to some complicated business transactions. However, the c’s is still the New York Yankees. And even after Mr. Steinbrenner’s death this year, the franchise continues to be belonging to the Steinbrenner family. And the tradition continues.
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