December 31, 1923 NY Yankees Private Journal Entry Transfer

The 1923 Financial Ledger of the New York Yankees: A Glimpse into Baseball History

A Year of Monumental Achievements

In the annals of baseball history, 1923 stands as a landmark year for the New York Yankees. This was the year when the iconic Yankee Stadium opened its doors, forever changing the landscape of Major League Baseball. The financial ledger from December 31, 1923, offers a fascinating glimpse into the business operations of the American League Baseball Club of New York, capturing the essence of a transformative era in sports.

Construction of Yankee Stadium

The ledger reveals a significant investment in the construction of Yankee Stadium, with expenses amounting to an impressive $742,931.99. This monumental undertaking was not just a financial commitment but a testament to the vision and ambition of the Yankees’ management. The stadium, often referred to as “The House That Ruth Built,” became a symbol of the team’s dominance and a beacon for baseball fans worldwide.

Overall Operating Expenses

Beyond the construction costs, the ledger details the total operating expenses for the Yankees in 1923, which reached a sum of $1,125,280.08. This figure underscores the scale of operations required to support a major league team during this period. The expenses covered a wide range of activities, from player salaries to travel costs, reflecting the complexity of managing a successful baseball franchise.

Condition and Historical Significance

The document itself is in near-mint (NRMT) condition, with some folding and a few handwritten corrections, adding a personal touch to this historical artifact. Such documents are invaluable to collectors and historians alike, offering insights into the financial strategies and priorities of one of baseball’s most storied franchises.

• Historical Context: Provides a detailed account of the Yankees’ financial operations during a pivotal year.
• Construction Costs: Highlights the substantial investment in Yankee Stadium, a cornerstone of baseball history.
• Preservation: Maintained in excellent condition, enhancing its value as a collectible item.

Explore More Baseball Memorabilia

For enthusiasts and collectors, this ledger is more than just a financial document; it is a piece of baseball history. At Grey Flannel Auctions, we celebrate such artifacts that capture the spirit and legacy of the sport. Explore our extensive collection of baseball memorabilia and discover other treasures that tell the story of America’s pastime.

Whether you are looking to sell your own sports memorabilia or seeking to consign valuable items, Grey Flannel Auctions is your trusted partner in preserving and celebrating sports history. Our appraisal services ensure that each piece is valued for its historical and cultural significance, offering collectors a chance to own a part of the legacy.

Join us in celebrating the rich history of baseball and explore the remarkable stories behind each artifact. The 1923 financial ledger of the New York Yankees is just one example of the extraordinary items that await you at Grey Flannel Auctions.

* This text was generated from the original auction listing.