During post-season negotiations for a new contract, Hornsby demanded $50,000 per year for three years. Breadon agreed to a one-year contract for $50,000 ($ today), with the stipulation that Hornsby stay away from the track. When Hornsby refused to give way, the Cardinals traded him to the New York Giants for Frankie Frisch and Jimmy Ring on December 20, 1926. Indeed, Breadon had lost patience with Hornsby, even though he'd led the Cardinals to their first undisputed world title. He'd already arranged to send him to New York if contract talks fell through; later, Breadon said he so wanted to part ways with Hornsby that he was afraid Hornsby would call his bluff and take the one-year deal. The trade was briefly postponed as NL president John Heydler stated that Hornsby could not play for the Giants while he held stock in the Cardinals. Hornsby wanted $105 per share for his stock, a price Breadon was unwilling to pay. In early 1927, Hornsby was able to sell his shares at $105 each, enabling him to officially become a Giant.