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The New York Yankees, formerly a Baltimore baseball frachise, was bought for $18,000 by Frank Farrell and Bill Devery. Farrell and Devery moved the team to Manhatten after their purchase. When the team first moved to New York they wre known as the New York Highlanders. ("Yankees Timeline").
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The teams name is changed from the Highlanders to the New York Yankees ("Yankees Timeline").
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Babe Ruth, who will become known as one of the best Yankees of all times, was traded to the New York Yankees from the Bostone Red Sox ("Yankees Timeline"). After being traded to the Yankees, Ruth switched positions from a pitcher to an outfielder. During his years wth the Yankees he became known as the best hitter of all time. During his first year with the Yankees, Babe Ruth hit 54 homeruns. ("Babe Ruth").
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Yankee Stadium, often refered to as "The House That Ruth Built" finally opened. The first game played in the stadium was against the Boston Red Sox. The Red Sox lost 4 to 1. At the first game it is reported that there was approximately 74,200 fans in the stands. ("Yankees Timeline").
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Another great Yankee player, Lou Gehrig, makes history when he becomes the first person in baseball history to hit four homeruns in a single game. To this day, Gehrig has been the only Yankee to complete this achievement. ("Yankees Timeline").
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Lou Gehrig's jersey number gets retired. He was the first Yankee in history to have his jersey number retired. About two years later, in 1941, Gehrig died after suffering through Amyotrophic Lateral Sclerosis (ALS). ("Yankees Timeline").
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The Yankees retired jersey number 3 in honor of Babe Ruth. This is the last time Ruth makes an appearance in the stadium. In August of the same year Babe Ruth died of throat cancer. ("Yankees Timeline").
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Another legendary Yankee player, Roger Maris, beat Babe Ruth's home run record when he hit his 61st home run of the season ("Yankees Timeline").
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George Steinbrenner buys the majority of the New York Yankees from CBS ("Yankees Timeline").
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In a game against the Boston Red Sox, Don Mattingly hits a grand slam. This is his 6th grand slam of the 1987 season. He set a major league baseball record for the first player to ever get 6 grand slams in one season
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Derek Jeter beats Lou Gehrig's record by gettinghis 2,671 carreer hit. Prior to this record breaker, Lou Gherig had the most franchise hits since 1937. ("Yankees Timeline").