Of all the detailsâ€”and there are tonsâ€”that come out inÂ Jane Leavyâ€˜s remarkable biographyÂ The Big Fella: Babe Ruth and the World he Created, perhaps the most intriguing to Yankees fans comes from a bit of math.
Most followers know that Ruth was sold to the Yankees for $100,000 and an additional $300,000 loan by Yankees ownersÂ Jacob RuppertÂ andÂ Til HustonÂ to Boston owner Harry Frazee. (It wasnâ€™t to finance â€˜No, No, Nanette,â€™ but weâ€™ll get to mythmaking later).
The loan was at 7% interest, which Leavy notes would mean that in six years, the interest payments alone would have exceeded the $100,000 purchase price: effectively, the Red SoxÂ paid the Yankees to take the pitcher-turned-slugger. As Leavy notes, â€œTalk about cursed.â€
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