Babe Ruth Yankees owners quickly pursued the purchase. Frazee sold the rights to Babe Ruth for $100,000, the largest sum ever paid for a baseball player. The deal also involved a $350,000 loan from Ruppert to Frazee, secured by a mortgage on Fenway Park. Once it was agreed, Frazee informed Barrow, who, stunned, told the owner that he was getting the worse end of the bargain. Cynics have suggested that Barrow may have played a larger role in the Ruth sale, as less than a year after, he became the Yankee general manager, and in the following years made a number of
Babe Ruth gave up control of the Braves before the end of the season; the National League took over the franchise at the end of the year. Although Fuchs had given Ruth his unconditional release, no major league team expressed an interest in hiring him in any capacity. Ruth still hoped to be hired as a manager if he could not play anymore, but only one managerial position, Cleveland, became available between Ruth's retirement and the end of the 1937 season. Asked if he had considered Ruth for the job, Indians owner Alva Bradley replied negatively. The writer Creamer believed Ruth was