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On December 31, 1914 – Ban Johnson’s efforts to strengthen the New York Yankees succeed when he arranges the purchase of the team by Colonel Jacob Ruppert and Captain Tillinghast L’Hommedieu Huston for $460,000 from Bill Devery and Frank Farrell. After Detroit Tigers owner Frank Navin refuses to let manager Hugh Jennings go, the new New York owners will name longtime Detroit pitcher Bill Donovan to manage the team. Under the new regime, the Yankees will make the most important trade in franchise history when they purchase Babe Ruth from the Boston Red Sox in 1920.
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