The secret deal made on December 26th to sell Babe Ruth to the New York Yankees for $100,000 is announced publicly
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The secret deal made on December 26th to sell Babe Ruth to the New York Yankees for $100,000 is announced publicly

1920 – The secret deal made on December 26th to sell Babe Ruth to the New York Yankees for $125,000 (twice the amount ever paid previously for a player) is announced publicly. Boston Red Sox owner Harry Frazee also secures a $350,000 loan from the Yankees as part of the deal.