Jacob Ruppert and Tillinghast L’Hommedieu Huston buy the New York Yankees from Frank Farrell and Bill Devery for $460,000
1915 – Jacob Ruppert and Tillinghast L’Hommedieu Huston buy the New York Yankees from Frank Farrell and Bill Devery for $460,000. Ruppert, who owns a brewery, is thinking of renaming the team the “Knickerbockers” to promote his product, but is dissuaded by newspaper men.