On January 26, 1932, Chicago Cubs owner William Wrigley dies at the age of 70 in Phoenix, Arizona. Wrigley had owned the team since 1919. Wrigley’s son Philip inherits controlling interest in both the Cubs and the minor league Los Angeles Angels of the Pacific Coast League. He will leave most of the daily operations to…
1916 – The National League, happy to be rid of fractious Chicago Cubs owner Charles W. Murphy, allows Charles H. Weeghman, owner of a restaurant chain and president of the Federal League’s Chicago Whales, to buy the Cubs for $500,000. By putting up $50,000, William Wrigley, Jr. becomes a minority stock holder. Whales manager Joe Tinker succeeds Roger Bresnahan, and the Cubs will play in the Federal League’s newly built ballpark on the North Side, soon to become known as Wrigley Field.
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