In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to Nyc after 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 new era of tradition and excellence had begun.
Jacob Rupert and Tillinghast L’Hommedieu Huston acquired the franchise in 1915. The bride and groom was in charge of prying Babe Ruth away from the Boston Red Sox. Ruppert purchased 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 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 the chicago cubs fitted hats won the 1947 World Series, Topping and Webb purchased MacPhail. The bride and groom remained owners through the 1964 season. By then, they’d added another ten championships for the Yankees World Series trophy case.
The franchise was sold to the Columbia Broadcasting System in 1965 along with a dark period would follow. The Yankees were just another focal point in 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 several 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 about the football field carried over into his business life.
George Steinbrenner was determined to go back the Yankees to their glory days. Whether you love the Yankees, or hate them, you have to admire the owner who rules using a “win first” mentality.
It wasn’t always pretty with Steinbrenner in control of the Yankees. Managers coming on and on. Players being publicly berated. Scandals under the surface. However the point is that 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, they remains to be the The big apple Yankees. And even after Mr. Steinbrenner’s death this year, the franchise is still owned by the Steinbrenner family. And also the tradition continues.
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