Lou Perini sells the Braves to the Chicago-based Lasalle Corporation, led by 34-year-old insurance broker William Bartholomay for $6.2 million. Team president John McHale, one of the primary stockholders in the purchase, will take the brunt of the wrath of the fanbase when the new ownership makes clear their intent to move the team out of Milwaukee.

On November 1, 1962 — Lou Perini sells the Braves to the Chicago-based Lasalle Corporation, led by 34-year-old insurance broker William Bartholomay for $6.2 million. Team president John McHale, one of the primary stockholders in the purchase, will take the brunt of the wrath of the fanbase when the new ownership makes clear their intent to move the team out of Milwaukee.

 

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Sources:
Baseball Reference November 16
National Pastime November 16
Retro Sheet
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