Spalding retired as a player and manager after the 1877 season, but continued as secretary, and later president, of the White Stockings. Anson became a player/manager of the team in 1879, and by 1889 had a 13% ownership. In 1888 Spalding announced that the White Stockings, including Anson, and a "picked nine" from the rest of the National League would begin a World Tour after the end of the season. Spalding put up most of the money, but Anson invested $3,750 of his own. James Hart was hired as business manager and Anson developed an intense dislike for him.