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 known as the The big apple Highlanders until its name was changed for 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 bride and groom was responsible for prying Babe Ruth out of 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 remained for 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 underneath the Rupperts.
Following your pitching machine won the 1947 World Series, Topping and Webb purchased MacPhail. The bride and groom remained owners through the 1964 season. By then, they had added another ten championships to the Yankees World Series trophy case.
The franchise was sold for the Columbia Broadcasting System in 1965 and a dark period would follow. The Yankees were just another focal point CBS and also the passion of winning had disappeared. Until…
… 1973. Then 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 being 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 have also been an assistant football coach at Northwestern and Purdue universities. His competitiveness around the football field carried over into his business life.
George Steinbrenner was resolute to go back the Yankees with their glory days. Regardless of whether you love the Yankees, or hate them, you need to admire an owner who rules using a “win first” mentality.
It had not been always pretty with Steinbrenner in control of the Yankees. Managers coming on and on. Players being publicly berated. Scandals behind the scenes. 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 as a result of some complicated business transactions. However, they remains to be the Ny Yankees. And even after Mr. Steinbrenner’s death this season, the franchise continues to be of the Steinbrenner family. As well as the tradition continues.
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