Drayton McLane, Jr. officially becomes owner of the Houston Astros, purchasing the team from John McMullen for $115 million.
Drayton McLane, Jr. officially becomes owner of the Houston Astros, purchasing the team from John McMullen for $115 million.
Boston Red Sox owner Jean R. Yawkey dies at the age of 83. For the first time in 59 years, someone other than a Yawkey will own the team. Mrs. Yawkey’s husband, Tom, became president of the Red Sox in 1933, and was the sole owner of the team for 44 seasons, longer than anyone in major league baseball history.
1992 – Boston Red Sox owner Jean R. Yawkey dies at the age of 83. For the first time in 59 years, someone other than a Yawkey will own the team. Mrs. Yawkey’s husband, Tom, became president of the Red Sox in 1933, and was the sole owner of the team for 44 seasons, longer than anyone in major league baseball history.
Entertainer Danny Kaye, part owner of the Seattle Mariners, dies of heart failure in Los Angeles, California, at age 74.
Entertainer Danny Kaye, part owner of the Seattle Mariners, dies of heart failure in Los Angeles, California, at age 74.
Jack Morris agrees to salary arbitration when no clubs will sign him
After finding no other clubs interested in signing him, free agent pitcher and 20-game winner Jack Morris agrees to salary arbitration with the Tigers while at the same time accusing the major league owners of collusion against free agents. Morris had offered to sign a one-year contract, with salary to be determined by an arbitrator, with either the Yankees, Angels, Twins or Phillies, but was turned down by all four.
Philadelphia Phillies get purchases the club for just over $30 million, the highest price paid to date for a major league club
1981 – Bill Giles, Phillies vice president for the past 11 years, heads a group that purchases the club for just over $30 million, the highest price paid to date for a major league club. Giles is the son of long-time National League president and Hall of Fame member Warren C. Giles.
Charlie Finley sells the Oakland A’s to the Levi Strauss company for nearly $13 million
Charlie Finley sells the Oakland A’s to the Levi Strauss company for nearly $13 million
Bill Veeck agrees to sell the Chicago White Sox to Youngstown, OH shopping-mall magnate Eddie DeBartolo, Sr. for a reported $20 million
1980 – Admitting that he can no longer compete financially in today’s inflated economy, colorful owner Bill Veeck agrees to sell the Chicago White Sox to Youngstown, OH shopping-mall magnate Eddie DeBartolo, Sr. for a reported $20 million. The sale will fall through, however, when American League owners twice fail to give Veeck the 10 votes needed for approval.
Under the financial reorganization of the club, Steve O’Neill becomes the principal owner of the Cleveland Indians.
1978 – Under the financial reorganization of the club, Steve O’Neill becomes the principal owner of the Cleveland Indians.
Atlanta Braves owner Ted Turner decides to take the managerial reigns of his team
On May 11, 1977, Atlanta Braves owner Ted Turner decides to take the managerial reigns of his team, which has lost 16 straight games. The Braves lose their 17th in a row in Turner’s debut, as coach Vern Benson makes most of the strategic decisions. The Pittsburgh Pirates Won 2-1 at Three Rivers…
Atlanta Braves owner Ted Turner for one year as a result of tampering charges in the Gary Matthews free agent signing
On January 2, 1977 MLB Commissioner Bowie Kuhn suspends Atlanta Braves owner Ted Turner for one year as a result of tampering charges in the Gary Matthews free agent signing. The Braves are permitted to keep the outfielder, however. The Braves owner, an accomplished sailor, uses his free time to pursue another goal, winning this…