On this day in 1931 the Yankees owner Jacob Ruppert would buy the International League's team out in Newark, New Jersey. The Newark Bears funneled many good players to the Yankees big league club while under Ruppert's watchful eye.
On this day in 1978 the Yankees signed free agent pitcher Luis Tiant to a two year deal worth $875,000.
On this day in 1998 the first home run ever hit in Yankees Stadium, thrown by Red Sox pitcher Howard Ehmke and hit by none other than Babe Ruth, was sold at auction for $126,500. Mark Scala was the seller after finding the historic ball in his grandmothers attic.
On this day in 2008 the Yankees landed right fielder Nick Swisher and AAA right handed pitcher Kaneoka Teixeira from the Chicago White Sox for pitching prospects Jeffrey Marquez and Johnny Nunez, as well as infielder Wilson Betemit.
On this day in 2010 at the Louisville Slugger Museum the ball that Babe Ruth hit out of the park for his 702nd home run was sold at auction for $264,500. The ball went for three times the estimated value after being passed down through three generations before being sold.
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Sorry for the Capatcha... Blame the Russians :)