They began, modestly enough as the New York Highlanders in 1903, owned by a couple of New York bartenders who laid out $18,000 to buy the Baltimore franchise and bring it north.
For their first eighteen years in New York, the Highlanders (they became the Yankees in 1913) seriously challenge for a pennant only once, in 1904 when star pitcher Jack Chesbro set a modern day record with forty-one victories, completing a staggering forty-eight games and posting an ERA of 1.82.
Added by longheartc on February 11, 2010