The New York Yankees buy the contract of Louisville Colonels star outfielder Earle Combs, who hit .380 last year for Louisville. Colonels owner Bill Kneblekamp gets $50,000, outfielder Elmer Smith and another player, and demands that the Yankees play an exhibition game in Louisville with a guarantee that Babe Ruth is in the lineup. This reportedly nets Kneblekamp an additional $5,000.

Jan 7, 1924 | This Day In Baseball |

On January 7, 1924 — The New York Yankees buy the contract of Louisville Colonels star outfielder Earle Combs, who hit .380 last year for Louisville. Colonels owner Bill Kneblekamp gets $50,000, outfielder Elmer Smith and another player, and demands that the Yankees play an exhibition game in Louisville with a guarantee that Babe Ruth is in the lineup. This reportedly nets Kneblekamp an additional $5,000.