The National League loans the Cincinnati Reds $50,000 at 4.5% interest
1934 – The National League loans the Cincinnati Reds $50,000 at 4.5% interest. Powel Crosley, who bought the team 10 days ago, will repay Cincinnati’s debt in full by 1938.
1934 – The National League loans the Cincinnati Reds $50,000 at 4.5% interest. Powel Crosley, who bought the team 10 days ago, will repay Cincinnati’s debt in full by 1938.
Redland Field, the steel and concrete ballpark named to match the team’s moniker and hue, makes its debut with the hometown Reds beating Chicago, 10-6. In 1934, the Cincinnati ballpark will become known as Crosley Field in honor of the team owner Powel Crosley.