New York Yankees – A hundred 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 called the The big apple Highlanders until its name was changed towards the The big apple Yankees in 1913. A brand new era of tradition and excellence had begun.


Jacob Rupert and Tillinghast L’Hommedieu Huston acquired the franchise in 1915. The happy couple was in charge of 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 was left to the Ruppert Estate and remained so until bought from 1945 to some group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles underneath the Rupperts.

Following your keston hiura won the 1947 World Series, Topping and Webb purchased MacPhail. The pair remained owners through the 1964 season. At that time, they’d added another ten championships to the Yankees World Series trophy case.

The franchise was sold towards the Columbia Broadcasting System in 1965 along with a dark period would follow. The Yankees were merely another asset to 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 a group 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 like 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 was also a helper football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.

George Steinbrenner was determined to return the Yankees with their glory days. Whether you love the Yankees, or hate them, you need to admire an owner who rules having a “win first” mentality.

It had not been always pretty with Steinbrenner in charge of the Yankees. Managers coming on and on. Players being publicly berated. Scandals behind the scenes. 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 because of some complicated transactions. However, the team remains the The big apple Yankees. And even after Mr. Steinbrenner’s death this year, the franchise is still owned by the Steinbrenner family. And the tradition continues.
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