Sport: Big Deal

Ever since the death of Owner Jacob Ruppert six years ago, the New York Yankees had been on the auction block. Many a would-be buyer (Jim Farley was the most notable), had nibbled halfheartedly, but none ever made a solid bid. Last week it finally happened: the Yankees changed hands—and personality.

The new Yankee bosses brimmed with dollars and ideas. Supplying a heavy piece of change was slender, soft-spoken Del Webb, ex-minor-league pitcher who 16 years ago moved to Phoenix, Ariz., parlayed a saw and hammer into a million-dollar construction business. The other big...

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!