January 5 in Yankees History: Ruth deal announced (1920)

[adrotate banner=”42″] On January 5, 1920, in perhaps the most famous transaction in baseball history, the New York Yankees formally announce the purchase of outfielder-pitcher Babe Ruth from the Boston Red Sox for $100,000. The trade had actually been made on December 26, 1919, but the announcement

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Source: Historical record

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