Sport: Angels and the Hotfoot

In 1901 when a Cincinnati buggy-maker named Bob Hedges bought into the St. Louis Browns baseball club, he got a bargain for his $35,000. In 1916 he sold out for $525,000. Since then nobody has been able to get rich owning the Browns, a chronic second-division club.

Phil Ball, a big cold-storage man, dropped $500,000 in five years. Donald Barnes, shrewd finance-man, gave it a whirl, got out while the getting was good. In 1945 Coal-&-Iceman Dick Muckerman stepped in. Save for the wartime year 1944, when the Browns surprised everybody by winning their first pennant since the American League was organized...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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