1/03/2007

Baseball History -- January 3

Complete entry for January 3 is at BaseballLibrary.com HERE.

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

A pretty good investment for $10 million. Forbes had the worth of the Yankees at over $1 billion in their last rating of baseball teams.
1911
At Laughery club house, near Rising Sun, Indiana, the National Baseball Commission adopts a rule that bars
World Series winners from playing post-season exhibition games. This obscure rule will lead to a direct confrontation between Babe Ruth and Commissioner Kenesaw Mountain Landis in 1921.

The Babe probably made more money playing post-season exhibitions than he did in 1921. The commissioner and the owners couldn't have that. One other thing, I notice that the winter meetings have taken quite a step up since Rising Sun, Indiana in 1911.

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