[NU Sports] Worst trade
Mike Nolan
nolan at tssi.com
Sat Jul 30 10:29:11 CDT 2011
> >I still think the worst trade (or at least transaction) of all
> > time has to be when the Red Sox sold Babe Ruth to the Yankees
> > for $125,000 plus a $300,000 loan to the Red Sox owner.
>
> You're right about that one. What Broadway show was it that the loan
> financed?
According to the Wiki page on Babe Ruth, it was the 1919 play
'My Lady Friends', not a musical but considered the predecessor
of the 1925 musical 'No No, Nannette'.
But Ruth had demanded a salary increase, from $10,000 to $20,000,
and Harry Frazee (the Red Sox owner from 1916 to 1923) was said to be
a tightwad with his players. That hardly made him unusual among
owners (pre Kurt Flood, I guess.) Jim Bouton wrote that the Yankees
used to give out World Series rings, and demand the previous year's
ring back!
--
Mike Nolan
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