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Bill Veeck buys 80% of Chicago White Sox

With little encouragement from the other American League owners, Bill Vleck, who will see his new team win their first pennant in 40 years, reacquires the White Sox when he purchases 80% of the team as part of an investment group that is intent on keeping the franchise in Chicago. Former owner John Allyn had been pressured by the league to sell his club to a Seattle interest to help quell a lawsuit that was a result of the AL’s approval in 1970 to move the one year-old expansion Pilots from the ‘Emerald City’ to Milwaukee.