Sport: Red Buyer

At Manhattan's Waldorf-Astoria last week gathered baseball club owners and managers for a meeting of the National League. Under sharp scrutiny was a tall, thin young man with good clothes and an earnest, slightly bewildered expression. His manners were pleasant. But he was a curio. Week before he had bought the Cincinnati Reds. Boldly one newshawk marched up to him, gravely shook his hand, said: "Mr. Crosley, my deepest sympathy!" The Reds have won only one pennant in 49 years, have finished in last or next-to-last place for the last five years. Mr. Crosley is Powel Crosley Jr., radio...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!