When Harry Frazee, Manhattan theatreman, bought the Boston Red Sox in 1917, they were a highly respectable big-league baseball team. They had won the World Series in 1912, 1915, 1916. After they won one more, Frazee enriched himself by selling all his best players including Babe Ruth. In 1924 he sold the team to Robert Quinn for $1,200,000. Since then the Red Sox have finished last in the American League every year except 1924 when they were seventh, 1931 when they were sixth. Last week Owner Quinn gloomily announced that he had...
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