One of the checks that paid for Babe Ruth’s sale to the Yankees is heading to a new home.
One of only two known checks in existence that are directly attributed to the infamous sale of Babe Ruth from the Boston Red Sox to the New York Yankees sold for $42,098.88 in Historic Auctions‘ May sale. The auction, initially scheduled to end Thursday night, concluded at 4:34 AM Friday morning with the 15-minute rule in effect.
The check was part of the transaction which sent baseball’s greatest icon from Boston to New York and launched the Yankees’ dynasty.
Red Sox owner Harry Frazee, facing financial woes, decided to sell his star player to the Yankees for $125,000 in cash and a $300,000 loan. The deal was signed In late December 1919 and announced early in 1920.
The check is dated February 4th, 1922 and is payable to the "Boston American League Baseball Club." It is for the amount of $50,000, signed by George Ruppert and also endorsed by Yankees’ co-owner Tillinghast L’Hommedieu Huston.
It is also endorsed on the reverse by Frazee and reads “Boston American League Baseball Club by HH Frazee, Prest.” The check has been authenticated and encapsulated by PSA/DNA. The PSA/DNA label reads “Sale of Babe Ruth to NYY” and also indicates the authenticity of Ruppert and Frazee.
The check was one of 1200 items in the auction.