Baltimore Orioles (1901–02)

The history of the New York Yankees Major League Baseball (MLB) team spans more than a century. Frank J. Farrell and William Stephen Devery bought the rights to an American League (AL) club in New York City after the 1902 season. The team, which became known as the Yankees in 1913, rarely contended for the AL championship before the acquisition of outfielder Babe Ruth after the 1919 season. With Ruth in the lineup, the Yankees won their first AL title in 1921, followed by their first World Series championship in 1923. Ruth and first baseman Lou Gehrig were part of New York's Murderers' Row lineup, which led the Yankees to a then-AL record 110 wins and a Series championship in 1927 under Miller Huggins. They repeated as World Series winners in 1928, and their next title came under manager Joe McCarthy in 1932.

The Yankees won the World Series every year from 1936 to 1939 with a team that featured Gehrig and outfielder Joe DiMaggio, who recorded a record hitting streak during New York's 1941 championship season. New York set a major league record by winning five consecutive championships from 1949 to 1953, and appeared in the World Series nine times during the next 11 years. Mickey Mantle, Yogi Berra, and Whitey Ford were among the players fielded by the Yankees during the era. After the 1964 season, a lack of effective replacements for aging players caused the franchise to decline on the field, and the team became a money-loser for owners CBS while playing in an aging stadium.

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