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Bookmark or Share- 1947 Yankees Ownership - Society for American Baseball Research1947 Yankees Ownership. This article was written by Mark Armour - Daniel R. Levitt. What came to be known as the Yankees Dynasty began under the twenty-four-year stewardship of Jacob Ruppert. Known as “Colonel” because of his prior service in the National Guard, Ruppert owned and operated a profitable brewery, served four terms in the ...
- Sale of the Century: The Yankees Bought Babe Ruth for NothingBecause of this agreement, the Yankees actually paid Ruth only $15,000 per year through 1921, with the Red Sox reimbursing the Yankees for $5,000 each of the two years. Technically, the Yankees structured Ruth’s new salary as the same $10,000 base salary, with another $10,000 in bonuses each year.
- George Steinbrenner - Society for American Baseball ResearchIn 2007, he ceded most of the day-to-day operations of the team to his sons Hal and Hank. In 2008, Steinbrenner made his final appearance at the stadium, for the All-Star Game. In 2009, the team Steinbrenner bought for $10 million — with an outlay of just $168,000 of his own money — was valued at $1.5 billion.
- Babe Ruth and Ownership: Not a Match Made In HeavenBaltimore was home, the only home he knew. Dunn told Babe he had no choice. In 1915 Red Sox owner Joe Lannin gave Ruth a $3,500 contract for the season, which made the young ballplayer very happy, for he had never seen that kind of money. “He had no idea whatsoever about money,” said Red Sox manager Bill Carrigan.
- New York Yankees team ownership history – Society for American Baseball ...For just the Yankees, in 1998 the team reported a net income of $12.7 million on operating earnings of $20.1 million, a nice increase over 1996 and 1997. 88. The YankeeNets owners further sold an 8.6 percent stake in the venture for $75 million, implying an increase in value of the combined teams to $872 million.
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