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Founded
Was founded in Baltimore Maryland, before named Baltimore Orioles. Frank Farrell and Bill Devery bought the bad Baltimore franchise of the American League for $18,000 and then move the team to Manhattan. -
Uniforms being upgraded
Pinstripes first appear on Highlanders' uniforms, creating a look that would become the most famous uniform design in sports. -
Yankees Bought
Col. Jacob Ruppert and Col. Tillinghast L'Hommedieu Huston purchase the Yankees for $1.25 million. -
Trades for Money
The Yankees purchase the contract of Babe Ruth from the Boston Red Sox for $125,000 and a $350,000 loan against the mortgage on Fenway Park. -
Joe DiMaggio
The Yankees purchase Joe DiMaggio from the San Francisco Seals of the Pacific Coast League for $50,000. -
Dan Topping purchase
Dan Topping, Del Webb and Larry MacPhail purchase the Yankees for $2,800,000 from the estate of the late Col. Jacob Ruppert. MacPhail replaces Ed Barrow as President and General Manager. -
Championships 5 streak
Yankees won 5 consecutive championships between 1949-1953 -
CBS purchase
CBS purchases 80% of Yankees for $11,200,000. The network later buys the remaining 20%. -
30 year contract
The Yankees sign a 30-year lease to play in a remodeled Yankee Stadium to be completed in 1976. -
Purchase from CBS
A limited partnership, headed by George M. Steinbrenner III as its managing general partner, purchases the Yankees from CBS.
