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 called the The big apple Highlanders until its name was changed to the Ny 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 in charge of prying Babe Ruth away 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 remained for the Ruppert Estate and remained so until sold in 1945 to a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles underneath the Rupperts.
After the tom brady and gisele bundchen won the 1947 World Series, Topping and Webb purchased MacPhail. The pair remained owners from the 1964 season. By then, they’d added another ten championships for the Yankees World Series trophy case.
The franchise was sold for the Columbia Broadcasting System in 1965 plus a dark period would follow. The Yankees were merely another asset to CBS and the passion of winning had disappeared. Until…
… 1973. That’s when a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed a small grouping 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 Ohio State football coach Woody Hayes. He was there when 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 come back the Yankees to their glory days. Whether you love the Yankees, or hate them, you need to admire an owner who rules with a “win first” mentality.
It was not always pretty with Steinbrenner responsible for the Yankees. Managers coming all night. Players being publicly berated. Scandals under the surface. Nevertheless the bottom line 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 as a result of some complicated transactions. However, they remains the New York Yankees. And even after Mr. Steinbrenner’s death this year, the franchise continues to be belonging to the Steinbrenner family. As well as the tradition continues.
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