On this day in 1920, Ruth was sold to the Yankees for $125,000.
The Red Sox owner sold Ruth and borrowed money to finance a Broadway play. He was apparently more interested in the theater than baseball.
In a few years, Ruth was the top hitter in baseball and the top draw in sports. He arguably saved the business of baseball after the World Series scandal a few years before.
As they used to say, it was Ruth who made the turnstiles turn, specially in Yankee Stadium. By the way, he hit a home run when Yankee Stadium opened.
Years later, this sale was known as "The curse of the Bambino". This is because the Yankees became baseball's best team and the Red Sox did not win again, or at least until 2004!