george steinbrenner
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New York Yankees are sold by the Columbia Broadcasting System to a group of 17 investors, headed up by shipbuilding magnate George Steinbrenner

On January 3, 1973, the New York Yankees are sold by the Columbia Broadcasting System to a group of 17 investors, “There is nothing in life quite so limited as being a limited partner of George Steinbrenner.” – Yankees minority owner John McMullen Heading a limited partnership that includes Lester Crown, John DeLorean, and Nelson Bunker…

Robert E. Short, Democratic National Committee treasurer, buys majority ownership of the Washington Senators 

Robert E. Short, Democratic National Committee treasurer, buys majority ownership of the Washington Senators 

Robert E. Short, Democratic National Committee treasurer, buys majority ownership of the Washington Senators for $10 million. James Lemon will retain 15 to 20 percent. The controversial Short will move the Senators to Texas after the 1971 season.

James M. Johnston and James H. Lemon purchase the remaining 40 percent of the Washington Senators’ stock to acquire complete control of the club.

1965 – James M. Johnston and James H. Lemon purchase the remaining 40 percent of the Washington Senators’ stock to acquire complete control of the club.

The Columbia Broadcasting System becomes the first corporate owner of a major league team by buying eighty percent of the Yankees from Dan Topping and Del Webb for $11.2 million

The Columbia Broadcasting System becomes the first corporate owner of a major league team by buying eighty percent of the Yankees from Dan Topping and Del Webb for $11.2 million. During the first year under CBS, the Bronx Bombers will come in sixth place with a 77-85 record, finishing in the second division for the first time in 40 years.

CharlieFinley
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American League owners vote down Charlie Finley’s proposed move of the Kansas City A’s to Louisville

  On January 16, 1964, American League owners vote down Charlie Finley’s proposed move of the Kansas City A’s to Louisville. The owners, who vote 9-1 against the proposal, also tell Finley the maverick owner is given an ultimatum to sign a lease in Kansas City by February 1 or lose his franchise. Ten days…

CharlieFinley
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Charlie Finley inks a deal with the city of Louisville to move the Kansas City A’s

    On January 6, 1964 Kansas City A’s owner Charlie Finley stuns Kansas City when he announces that he has signed a two-year deal to move the team to Louisville to play at the city’s Fairgrounds Stadium, having the state of Kentucky’s promise to spend a half-a-million dollars on enlarging the 20,628-seat facility by…