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
Major League Baseball with the Major League clubs. With the World Baseball Softball Confederation, MLB manages the international World Baseball Classic tournament. Baseball's first openly all-professional team was founded in Cincinnati in 1869. (There had been teams in the past that paid some players, and some that had paid all players but under the table.) The first few decades of professional baseball were characterized by rivalries between leagues and by players who often jumped from one team or league to another. The period before 1920 in baseball was known as the dead-ball era; players rarely hit home runs during this time. Baseball survived