On this Date in 1920

by Bill Chuck on January 3, 2013

1920 – The secret deal made on December 26th to sell Babe Ruth to the New York Yankees for $125,000 (twice the amount ever paid previously for a player) is announced publicly. Boston Red Sox owner Harry Frazee also secures a $350,000 loan from the Yankees as part of the deal.

From the New York Times of January 6, 1920 From the New York Times of January 6, 1920

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