In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New york when they purchased the Baltimore Orioles. Their team was known as the New York Highlanders until its name was changed towards the The big apple 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 accountable 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 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 beneath the Rupperts.
Following your wilson a2000 won the 1947 World Series, Topping and Webb purchased MacPhail. The happy couple remained owners through the 1964 season. At the same time, they had added another ten championships for the Yankees World Series trophy case.
The franchise was sold to the Columbia Broadcasting System in 1965 plus a dark period would follow. The Yankees were just another focal point in CBS and also the passion of winning had disappeared. Until…
… 1973. This is when a Cleveland shipbuilding mogul named George Steinbrenner came along. Steinbrenner headed a group 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 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 firm to return the Yankees to their glory days. Whether you love the Yankees, or hate them, you need to admire a holder who rules with a “win first” mentality.
It was not always pretty with Steinbrenner in control of the Yankees. Managers coming on and on. Players being publicly berated. Scandals behind the scenes. However 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 business transactions. However, the team remains the The big apple Yankees. And even after Mr. Steinbrenner’s death this year, the franchise continues to be of the Steinbrenner family. And also the tradition continues.
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