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In December 1919, the New York Yankees acquired Babe Ruth from the Boston Red Sox. The purchase price was reported to be $100,000, which was a significant amount at the time and was considered the highest fee ever paid for a player in the history of baseball up to that point. However, there are rumors and some historical accounts that suggest the actual amount paid might have been higher, possibly including additional considerations like a loan to the Red Sox owner.

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The New York Yankees paid a reported fee of $100,000 for Babe Ruth when they acquired him from the Boston Red Sox in December 1919. This was the highest fee ever paid for a player at that time.

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A+E Networks. On this day in 1920, the New York Yankees major league baseball club announces its purchase of the heavy-hitting outfielder George Herman ��Babe�� Ruth from the Boston Red Sox for the sum of $125,000.read more >>