Baltimore’s defunct American League franchise is sold to Frank Farrell and Bill Devery for $18,000 and will be relocated to New York to begin the season. The Manhattan team, who will play at Hilltop Park located in the northern part of the island borough, will be first known as the Highlanders before being officially renamed the Yankees in 1913.
On January 9, 1903 — Baltimore’s defunct American League franchise is sold to Frank Farrell and Bill Devery who made their money in the saloon business for $18,000 and will be relocated to New York to begin the season. The Manhattan team, he pair build a new venue at Broadway Street, between 165th and 168th, that becomes known as Hilltop Park because of its’ elevation, they will be first known as the Highlanders before being officially renamed the Yankees in 1913.
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