Charles H. Weeghman buys the Cubs

300px-Weeghman_at_Groundbreaking_1914

 

On January 5, 1916 – The National League, happy to be rid of fractious Chicago Cubs owner Charles W. Murphy, allows Charles H. Weeghman, owner of a restaurant chain and president of the Federal League’s Chicago Whales, to buy the Cubs for $500,000. By putting up $50,000, William Wrigley, Jr. becomes a minority stock holder. Whales manager Joe Tinker succeeds Roger Bresnahan, and the Cubs will play in the Federal League’s newly built ballpark on the North Side, soon to become known as Wrigley Field.

 

 

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