Britannica
Sources used in this answer
How much did the New York Yankees pay to acquire Babe Ruth?
Created from Britannica articles
using AI.
AI can make mistakes, so verify using Britannica articles.
Babe Ruth
When he joined the New York Yankees in 1920, Babe Ruth embarked on a home-run hitting campaign that would transform baseball and establish a record that would stand for nearly four decades.
To acquire Babe Ruth from the Boston Red Sox, the New York Yankees paid $125,000 and provided a personal loan to Red Sox owner Harry Frazee.1