New York Yankees make one of the best trades in franchise history. The Yankees acquire reliever Sparky Lyle

New York Yankees make one of the best trades in franchise history. The Yankees acquire reliever Sparky Lyle

On March 22, 1972, the New York Yankees make one of the best trades in franchise history. The Yankees acquire reliever Sparky Lyle from the Boston Red Sox for infielder Danny Cater. In seven seasons with the Yankees, Lyle will post a 57-40 record with 141 saves and a 2.41 ERA, win a Cy Young…

American League approves the sale of the Cleveland Indians by Vernon Stouffer

American League approves the sale of the Cleveland Indians by Vernon Stouffer

On March 22, 1972 — TheĀ American LeagueĀ approves the sale of theĀ Cleveland IndiansĀ byĀ Vernon Stouffer. A group headed up by businessmanĀ Nick MiletiĀ purchases the team for an estimated $9.7 million. Mileti also owns the Cleveland Cavaliers of theĀ National Basketball AssociationĀ and the Cleveland Crusaders of the World Hockey Association. Stouffer turned down an earlier offer from local business tycoonĀ George…