In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New York City after they purchased the Baltimore Orioles. Their team was known as the Ny Highlanders until its name was changed towards the The big apple 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 happy couple 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 to some group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles beneath the Rupperts.
After the mlb transactions won the 1947 World Series, Topping and Webb bought out MacPhail. The pair remained owners with the 1964 season. By then, 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 CBS as well as the passion of winning had disappeared. Until…
… 1973. That’s 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 as a graduate assistant to Pitt football coach Woody Hayes. He was there once 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 return the Yankees for their glory days. Regardless of whether you love the Yankees, or hate them, you need to admire the owner who rules with a “win first” mentality.
It was not always pretty with Steinbrenner in charge of the Yankees. Managers coming on and on. Players being publicly berated. Scandals under the surface. However the final point here 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 team is still the New York Yankees. Which after Mr. Steinbrenner’s death in 2010, the franchise is still belonging to the Steinbrenner family. And the tradition continues.
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