Summary: The Great NY Yankees

Words: 1679
Pages: 7

Of course every Empire is destined to fall. Even the great Roman Empire, who’s Coliseum was the conceptual model for Yankee Stadium, fell in time. So why should we be so surprised that the great NY Yankees would suffer a similar fate? The reason is complex.
To understand the dynamics, we need to look briefly at the history of Yankee ownership. Before Sir George and before CBS, there were two other dominant ownership groups. Most baseball fans know the name of Colonel Jacob Rupert, best known for engineering the deal which brought Babe Ruth to the Yankees from the Boston Red Sox. Rupert was a successful businessman, having inherited a brewing company from his father, and in 1915 purchased the Yankees for less than half a million dollars. During the Rupert era, the Yankees became the dominant force in baseball signing a litany of historic players including Gehrig and DiMaggio, and winning seven World Series titles. He retained ownership until he passed away in 1939 at the age of 71.
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(Former Dodger president Larry McPhail was also a partial owner and short term general manager, but would soon be bought out by Webb and Topping). Topping inherited his wealth from his grandfathers – one a former president of Republic Iron and Steel; and other making his fortune in the tin-plate business. Before the Yankees, he also tried his hand in football, having ownership interests in professional football teams. Married 6 times, one of his more famous wives was world figure skating champion Sonia Henie. Following his acquisition of the Yankees with Del Webb, Topping became president and CEO of the