st louis cardinals minority owners

Louis Cardinal Radio History, St. Louis Media History Foundation, April 2005, updated 2012. https://stlmediahistory.org. A German immigrant who made his way as a grocer and saloon owner, he saw potential in the sport without otherwise having any other background in it. Boeschenstein, First Stadium Projects Are Announced, St. Louis Globe-Democrat, June 28, 1961. Gussie said the public would not be able to purchase stock in the Cardinals. [10], In January 1949, Hannegan, suffering from poor health, his share of the team to Saigh. More and more, the team was riding the coat tails of Stan Musial, with help from Red Schoendienst and Harry Brecheen, but little support from the minors. dvelopper et amliorer nos produits et services. Robinson was equally stubborn and said he would not pay it. They created their own cable network called Sports Time and then the Cardinal Cable Network but subscription fees and minimal programming turned off viewers.596. OConnor, Cards to Have New Stands Despite Bad Local Season, St. Louis Post-Dispatch, July 9, 1913. In the 22 years it had owned the Cardinals, the team had made about $3.9 million for the brewery and the profit for 1974 was $490,000. Its other tenant, the National Football League Cardinals, would also be using the downtown stadium. Commissioner Ford Frick told Gussie to set up an intermediate corporation to keep the Cardinals operations separate from the brewery.467 That entity, modestly titled August A. Busch Inc., was created to own the St. 589 Rick Hummel, Cards Right On Schedule, Herzog Says, St. Louis Post-Dispatch, March 7,1982. . Yes, at least via their family relationships. Under terms of the lien for Aetna Iron Works judgment, Von der Ahe had to sell the Browns and the organizations property within six months.85, Just three months after the deed of trust reorganization, another fire struck New Sportsmans Park. The owners resented the tone of his demands and Chandler did not get the 12 votes needed.430, The next year brought no resolution of Chandlers request for a new deal. The new Busch Stadium aka Busch Stadium III had its curtain raiser on April 4, 2006. 3 Earnings before interest, taxes, depreciation and amortization. Ward, St. Louis businessman, held 280 shares or 3.7 percent. Two years later, he received his MBA from Harvard Business School.612, Baseball was the family business. 138 Clubs Rivalry Is at an End, St. Louis Post-Dispatch, February 8, 1903. 215 R.L. He won those issues, but lost on others. A crowd of 2,000 was treated to the franchises first win, 9-7. 101 Chattel Deed of Trust on Baseball Property, St. Louis Post-Dispatch, November 19, 1900; Chattel Deed Expires, St. Louis Globe-Democrat, January 16, 1901. The Cardinals calculated ownership would allow the team to tailor the stations programing around the Cardinals. [17][19], Current Cincinnati Reds owner Bob Castellini and brothers Thomas Williams and W. Joseph Williams Jr. each once owned a stake in the Cardinals dating back to the Baur-DeWitt group's purchase of the team. 33690), Missouri Business Filings. The Cardinals have purchased three of their minor league affiliates since the DeWitt group took over. Yahoo Sports. inquiry in hacking of Astros' database", "Cards become 1st team to clinch postseason spot", "Senate confirms appointments of Don V. Cogman, Katharine DeWitt, Maribeth Walton McGinley and Teresa Lozano Long to the National Council on the Arts", "St. Louis Cardinals: Front office-William DeWitt III", "Everything you need to know about Dewey's Pizza", 2011 Major League Baseball wild card chase, https://en.wikipedia.org/w/index.php?title=William_DeWitt_Jr.&oldid=1142561429, Pages using infobox person with multiple parents, Articles with unsourced statements from October 2022, Articles with unsourced statements from March 2014, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 03:22. [21] The Cardinals also announced the rechristening of the team Hall of Fame Museum with an annual selection process selection commencing in 2015. They adopted a daughter, Janet, during the marriage.285. He installed new seats, a state of the art sound system and a closed-circuit television system so fans could watch the game while standing line at concession stands. He said he was staying in baseball and would not selling his best player, pitcher Theodore Breitenstein. 237 W.J. Von der Ahe, at first, pointed to the rule posted on the ticket window.32 The next day, feeling that the rule was unfair, he announced rain checks would be issued. 307 Cardinals Have Deal on for Stock in Syracuse Club, St. Louis Globe-Democrat, January 23, 1921. He started talking with Phil Ball, owner of the Browns and Dodier Realty Company, which operated the park. [3], DeWitt joined Cincinnati investment firm Gradison & Co. in 1974. 454 August Busch Jr. Major in the Army, St. Louis Globe-Democrat, June 12, 1942. 366 Wrays Column: Gave Us Dose of Our Own Medicine, St. Louis Post-Dispatch, June 27,1946. The St. Louis Post-Dispatch reported one hundred ten members of the business community contributed an average of $227.27 each to raise that money. 213 Mrs. Ironically, Hannegan didnt get to play against the team he was a rabid fan of, when Rogers Hornsbys Cardinals played an exhibition game against the Oilers in Tulsa on April 6, 1926 . In 1995, DeWitt, with Stephen F. Brauer, purchased the St. Louis Cardinals from Anheuser-Busch for $150 million. Before all that happened, Breadon, had to turn down a megadeal for the Cardinals drawing card Rogers Hornsby after the 1920 season. In addition, Robison had to pay $500 to the bartender who ran McGraw and Robinsons establishment in Baltimore while they were away playing for St. Louis.117, McGraw and Robinson did not see any game action until May 12, 1900, the Cardinals seventeenth game, citing personal business in Baltimore.118 By the time they did play, the Robisons were feeling the pain of a street car strike that had started May 8. 317 St. As with other periods of the Cardinals' transaction history, doubt loomed as to whether the purchaser would keep the team in St. Louis, due to the city's status as a "small market," which appear to handicap a club's competitiveness. This level of success has been the catalyst for the franchise to be identified as a major asset to the city of St. Louis and the surrounding metro area. The family tree Founded by Joseph Pulitzer in 1878, the Post-Dispatch was still owned by the media company Pulitzer Inc. until 2005. Britton could not spend more until Bresnahan got his 10 percent of the net profits. In his will, Stanley Robison left the Cardinals to Frank Robisons wife and daughter. Despite Rickeys disappointment with the demotion, Breadon said he was on good terms with Rickey and that Rickey agreed to continue handling the business affairs of the club. 275 Sam Breadon Dies at 72, St. Louis Post-Dispatch, May 11, 1949. The Browns owner took full advantage by throwing nightly parties at his saloon which bugged the eyes out of North St. Louis according to the St. Louis Star-Times. Keane gave Brock the green light to steal and Brock blossomed. Britton Wins Full Control of Cardinal Team, St. Louis Post-Dispatch, May 20, 1912. The League owes it to itself and to St. Louis, one of the best baseball towns in the country to allow it to attend games on a proper basis and not under the conditions Von der Ahe has dictated.75, The cartoon above from the St. Louis Post Dispatch clearly illustrated that Von der Ahes desire for cash at the expense of putting a competitive team on the field outweighed ostracizing by League owners, condemnation by a certain local newspaper and an angry fan base. It took the press out of my pants.517 The game itself lasted 10 innings but took only 2 hours and 19 minutes. To get the money to sign these players, Frank Robison borrowed $18,500 from his brother Stanley to be paid back in 60 days.123 The loan was secured with 185 shares of Cardinals stock. In what became a be careful what you wish for hiring, Gussie brought in Vern Rapp from the Cincinnati organization who had the reputation as a disciplinarian.575, It did not take long for Rapp to cause turmoil in the clubhouse when he instituted a no facial hair or long hair edict.576 But Gussie stuck by him during a confrontation with Al Hrabosky over the pitchers mustache and haircut.577 But, in early 1977, when Gussie found out Rapp had conflicts with Buddy Schultz and Ted Simmons and lost the clubhouse, he fired Rapp.578 By 1980, still frustrated with not having another pennant winner since 1968, Gussie made a decision that was uncharacteristic for him turning complete operation of the Cardinals over to Dorrell (Whitey) Herzog as both manager and general manager. 528 Neal Russo, Cards Are Great, Berra Tells Keane, St. Louis Post-Dispatch, October 16, 1964. St. Louis Brown Stockings (American Association), 1882 534 Neal Russo, Gibson Strong As Birds Take 11th Flag, St. Louis Post-Dispatch, September 19 1967. At that time, the Forbes valued the Cardinals at about $370 million. In appreciation for the teams finish and optimistic prospects for the future, Britton gave Roger Bresnahan a five-year contract extension which also gave the Cardinal manager a percentage of the profits.168, On December 12, 1911, at the Waldorf Hotel in New York, Britton became the first woman to attend a National League meeting.169 She was accompanied by Steininger, who was her proxy. He agreed. On April 27, 1893, the Browns and Chris Von der Ahe opened New Sportsmans Park.60 It was located at Natural Bridge Road and Vandeventer Avenue, not far from the old park and the Fairgrounds. To regain financial solvency, Robison quietly, and over the next few years, sold shares in the Cardinals to his brother, ending up the minority shareholder. It included owners Mercer Reynolds, Reynolds Sibling Management LLC, Bill DeWitt, Jr., Bill DeWitt III, Andrew DeWitt, Katherine D. Kern and Margaret D. Good. 295 Stockton, Sportsmans Park Improvements, St. Louis Post-Dispatch, October 13, 1922. He attended Delaware University for a short time. Von de Ahe started buying real estate in the neighborhood. Von der Ahe signed a 15-year lease for the new site. He then counteroffered an increase to $50,000 for the last year of the current contract. The Browns championships also had ended the hopes of Henry V. Lucas, the brother of the J.B.C. 339 Poor Gate Reason Lew Wentz Is Not Owner of Cards. 209 Mrs. As the 1920s proceeded, the novelty of playing in a new ballpark wore off as the Cardinals slid backwards into their old losing ways. At the time, it was the highest penalty imposed by Major League Baseball. 350 Sid C. Keener, Sid Keeners Column, St. Louis Star and Times, October 31, 1936. 169 National League Makes No Answer, New York Times, December 14, 1911. 66 Want Their Salary, St. Louis Post-Dispatch, December 18, 1893. 638 Victor Volland, Fans Should Make Smooth Progress to Kiel, Busch, St. Louis Post-Dispatch, April 4, 1998. 224 OConnor, 10,000 Local Fans to Buy Cardinals: J.C. Jones Scheme, St. Louis Post-Dispatch, February 28, 1917. 208 Mrs. 234 W.J. Between 1926 and 1946, the Cardinals won six World Series titles and nine National League pennants. 2019), 6. Jones was attracted to Rickey because he had a reputation for having a good baseball acumen and a keen nose for talent.227, The St. Louis Post-Dispatch had praised Rickey for his success during the 1914 season and called him Dr. It also provided that Helens children would inherit ownership of the Cardinals upon the death of their mother and grandmother.155, The same day President Herrmann made his announcement, Charles Weeghman, a Chicago restaurateur, offered her $350,000 for the ball club, League Park and the surrounding grounds.156 Three days later another offer was received from James McGill, president of the Denver Club in the Western League.157, But Helene Britton had no intention of selling the Cardinals and she made that crystal clear in a joint statement with her husband Schuyler on April 6, 1911. Shortly afterward, the Cardinals bought Sportsman's Park from the Browns. 342 Wrays Column, St. Louis Post-Dispatch, January 15, 1936. He had been ill for months with pneumonia.593, On October 31, 1989, August A. Busch III was named to succeed his father as the Cardinals chairman of the board. Co-owner with Robert Hannegan, 1948, Robert Emmet Hannegan was born on June 30, 1903 in St. Louis. In nearly 150 years, the teams owners have been as varied as the fans. This page is not available in other languages. Over time he brokered several large real estate deals, most famously purchasing the Railway Exchange Building in downtown St. Louis on June 29, 1946 with the assistance of Sidney Salomon Jr. 412 Musial Signs Two-Year Contract With Cardinals, St. Louis Post-Dispatch, October 4, 1948; Stan Musial Salaries: 1949, Age 28, St. Louis Cardinals, $50,000; 1950, Age 29, St. Louis Cardinals, $50,000. Baseball Reference, https://www.baseball-reference.com/players/m/musiast01.shtml. Von der Ahe said price was no object as he would double the $45,000, he said he spent on the Browns.26 Again Fred Lewis was in the eye of the storm. Robison entered professional baseball in 1887 when he organized the Cleveland Blues of the American Association. 345 An Excel Spreadsheet was used to create a table of Breadons percentage of ownership and his portion of the dividends declared during his ownership, using additional spreadsheets and information from the resources below: Articles of Association. 4 Includes benefits and bonuses. Two players, Pat Deasley and Fred Lewis, attacked Sullivan after being accused of breaking curfew. The established National League, however, required three things that the Brown Stockings owner couldnt accept. He said a fair market price would be between $11 million and $13 million based on recent sales of the Chicago White Sox and New York Yankees.571. The interest in baseball among women is growing steadily. The professional baseball . On April 10, the National League announced that the transaction had been completed. 321 What Breadon and Hornsby Have to Say About Sensational Baseball Trade, St. Louis Globe-Democrat, December 21, 1926. The decoration gave inspiration to Rickey, who thought a Cardinal Birds on the Bat logo would be a striking addition to the teams uniform and provide a distinctive image.313 Rickeys idea was to have two pugnacious cardinals looking at each other on a bat.314 Allie Mays father, Edward, a commercial artist with Woodward and Tiernan Printing Co., worked up some sketches incorporating Rickeys idea and it didnt take long for the two of them to create the logo with the design shown below. 598 Is That All There Is?, St. Minority owners: None Source of wealth: Bidwill inherited the Cardinals from his father Charles, who was a Chicago lawyer. 8 Von der Ahes Good Fortune. Louis Cardinal Radio History. [8] When he sold the Cardinals to Fred Saigh and Robert Hannegan in 1947, the price was $3 million, at the time the largest transaction in baseball history.[6][9]. 520 Paper Says Negro Athletes Resent Spring Training Humiliation, St. Louis Globe-Democrat, January 24, 1961. Von der Ahe said he had his own method of counting attendance not using turnstile count but of the number of barrels consumed. Though the Cardinals retained minority ownership of the team, Freund became the primary owner. 124 Chattel Deed Expires, St. Louis Globe-Democrat, January 16, 1901. In 1889, Robison personally undertook the formation of the Cleveland Railway Co. and constructed 26 miles of lines. Plans called for a single-deck grandstand to be constructed first with a second deck added when the Cardinals won a pennant.185 With the seasons average game attendance falling to 2,750, those plans were shelved and the Cardinals continued to play their games at Robison Field. 47 Sporting Notes, The Daily Inter Ocean (Chicago,Illinois), November 29, 1890. He argued the jumpers were still under contract to the Cardinals. 331 Absher, St. They again expressed serious interest in having the club remain here. 139 Robisons Win $175,000 Suit, St. Louis Post-Dispatch, April 9, 1903. 37 Dividing the Receipts, St. Louis-Post-Dispatch, October 25, 1886; The Chicago Defeat, Decatur Weekly Republican, October 28, 1886. 606 Musial Memorabilia To Be On Display, St. Louis Post-Dispatch, February 4 1992. Joness goal was to raise $500,000 through the sale of ten thousand shares. 147 Thinks Roger Wise In Ending Spring Series, St. Louis Post-Dispatch, December 28, 1908. The Chicago Cardinals original owner Chris O'Brien sold the franchise to physician Dr. David Jones for $12,000 in 1929. By the end of 1998, both had broken Roger Mariss season home record of 61, with McGwire hitting 70 and Sosa 66. 27 Ballplayers On a Bum,.St. In one case, he was sued for not paying performers in a Civil War reenactment that he brought into the ballpark during the summer. August Jr., dubbed Gussie from an early age, was one of five children, with a brother Adolphus III and sisters Marie, Clara, and Alice Edna.451 His father had continued in the footsteps of Gussies grandfather, Adolphus, building a growing brewery and becoming a fixture as a civic leader.452, Gussie didnt finish high school. Britton Announces, St. Louis Post-Dispatch, April 9, 1915. The field was manicured to look better than it had been under Von der Ahes ownership. 643 Doug Moore, Financing deal makes Cardinals owners of the stadium, St. Louis Post-Dispatch, December 24, 2003. His desire to keep Herzog in charge was usurped. 45 Brotherhood of Professional Base Ball Players, SABR/Baseball-Reference Encyclopedia, https://www.baseball-reference.com/bullpen/Brotherhood_of_Professional_Baseball_Players, accessed October 11, 2021. the fans of St. Louis wont pay for what they dont see.33. The architect was HOK Sport (now Populous) and it was built by Hunt Construction Company.646 Groundbreaking ceremonies were held on Saturday January 17, 2004.647, The naming rights negotiations were held during the financing process to maximize the value. Robinson had cursed a gatekeeper who wouldnt permit delivery of a pair of padded pants Robinson had ordered for that days game. According to Forbes magazine, this deal was made because 76% of Cardinal fans either attended, listened to or watched a Cardinal game during the 2014 season. 195 Is American League Flirting with Wealthy Owner of Terriers? St. Louis Post-Dispatch, April 23, 1915. He announced that he was a fan only and all baseball-related transactions on and off the field would be the responsibility of manager Roger Bresnahan. 333 Absher, St. Being owned by a publicly traded company was unchartered waters for major league baseball. The labor strife comes as a new company has acquired 10 minor league teams, including the Cardinals Triple-A squad, the Memphis Redbirds. 235 Rickey Considers Cardinal Offer of 3-Year Contract; Salary Said to Be $15,000. St. Louis Post-Dispatch, March 20, 1917. He Tells Breadon in Phone Message, St. Louis Star and Times, December 5, 1934. 154 No Title, New York Times, March 30, 1911. Of stories of these pending deals which nothing do but pend; [2] Since DeWitt bought the team, the Cardinals have won two World Series (2006 and 2011), four National League pennants, and 11 division titles, and have made 15 total playoff appearances. Through 1956 and 1957, Lane lived up to his reputation of many trades, but no pennants, which put Gussie Busch in a sour mood. You have a strong team at every point in Jack Glasscock you have a first-class man. He entered the Army as a Major in the Ordnance Department. Linck, St. Louis Globe-Democrat, February 15, 1916. The St. Louis Post-Dispatch reported the National League has become indignant with the way Von der Ahe has operated the team. The Cardinal players assisted in finding the injured and those that died. Also pictured are, from left: Mrs. William Niekamp, Rachel Breadon, and Jeanette Hornsby. Endeavor purchased the Triple-A affiliate from the team's majority ownership group, led by Peter Freund, and the St. Louis Cardinals, which held a minority interest. Combining the marketing campaign with intriguing player acquisitions and bringing back fan favorite Willie McGee, the new ownership received wide support from Cardinal fans. Under the existing lease maintenance costs were split 50-50.417, The Cardinals balked as their share in maintenance costs would increase by at least $58,520 418 If that increase was implemented the total lease and maintenance to be paid by the National League club would be a minimum of $93,520.419 Saigh wanted the DeWitts to abide by the current lease which had two years to run. The $1.8 million associated with those draft picks and a $2 million fine were sent to Houston. I am not familiar with the real merits of the controversy, but am very sure he thinks he has done the best thing for the club. In addition to having financial interests in the Reds, he had stakes at various times with the Texas Rangers and Baltimore Orioles. She traveled with her fathers team on road trips and was their mascot at the games. 26 The St. Louis Nine In 1884, New York Times, October 16, 1883. The idea was broached that a lease to play at Sportsmans Park would cost less and it was available for half the season when the Browns were on the road, but for the moment that idea went nowhere.186, The inability to draw fans to a substandard Robison Field grew worse when the upstart Federal League started play in 1914 with a team in St. Louis. The League owners deferred to her and refrained from smoking cigars during the meeting. The National League got involved in February 1927 and ruled that unless Hornsby sold his stock to back to the Cardinals, he would not be able to play for New York. The purchase price for the team, downtown stadium and parking garages was $150 million. 252 Plea for $60,000 to Pay Off Cards Debts Nets $2000, St. Louis Post-Dispatch, June 30, 1918. Anheuser-Busch has pledged to the President (Nixon) its whole-hearted support of the anti-inflation program and in good faith has been keeping that pledge because we believe the success of the program is essential to a healthy economy.556, Miller disagreed with the beer baron, giving this vindictive response: He (Busch) is wrapping himself up in the American flag, posing as a super patriot, by using the wage freeze to keep salaries down, so that he, a multimillionaire, can pile up more money.557 Miller then put the knife into Gussie and twisted it when he said: It is not only an act of bad faith by Busch but highly presumptuous. 639 Stern, Cards promises are not included, St. Louis Post-Dispatch, March 19, 2001. 189 Only 3000 on Hand for First Baseball Game, St. Louis Post-Dispatch, April 14, 1914. Robison was not shy in his interest in obtaining John McGraw to add to his stable of stars which included Cy Young, Bobby Wallace, Jesse Burkett and Emmet Heidrick. The Houston representative said I was making a big mistake and indicated the group could offer a considerably better bid than Anheuser-Busch price.447, Saigh received kudos. The Cardinals opened their 1948 season at home against Cincinnati on April 20, with Breadon, Hannegan, and Saigh in attendance. [27], On September 19, 2015, the Cardinals became the first team in MLB to clinch a playoff spot that season. 85 Muckenfuss Is Boss, St.Louis Post-Dispatch, January 1, 1898. Britton to Direct Cardinals with Own Hand, St. Louis Post-Dispatch, March 29, 1911. OConnor, Brittons Price Too High for Mysterious Buyer, St. Louis Post-Dispatch, January 26, 1916. 80330 Certificate of Incorporation, Missouri State Archives.

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st louis cardinals minority owners