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619 Views 0 Replies Latest reply: Jan 3, 2013 10:36 AM by Lou_B
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Jan 3, 2013 10:36 AM

Jan 3rd - Today in MLB History

1/3/1920: The New York Yankees purchase the contract of pitcher Babe Ruth from the Boston Red Sox for $125,000 and a $350,000 loan against the mortgage on Fenway Park.

The "official" annoucement of the sale is delayed until January 5 due to Ruth's contractual demands.

 

1/3/1973: A group of investors, headed by shipbuilder George Steinbrenner, purchases the New York Yankees from CBS for $10 million.

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