- published: 12 Apr 2013
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The New York Yankees are a professional baseball team based in the The Bronx, New York. They compete in Major League Baseball (MLB) in the American League's East Division. One of the American League's eight charter franchises, the club was founded in Baltimore, Maryland in 1901 as the Baltimore Orioles. The team moved to New York City in 1903 as the New York Highlanders, taking the Yankees as their official name in 1913. From 1923 to 2008, the Yankees' home ballpark was Yankee Stadium; in 2009, they moved into a new ballpark, also called Yankee Stadium.
The Yankees have won 27 World Series championships and 40 American League pennants, both MLB records. Forty-three Yankees players and eleven Yankees managers have been inducted into the Baseball Hall of Fame, including Babe Ruth, Lou Gehrig, Joe DiMaggio, Mickey Mantle, and Yogi Berra. In pursuit of winning championships, the franchise has utilized a large payroll to recruit talent, particularly under former owner George Steinbrenner.
Due in part to their success, the Yankees have garnered widespread popularity and a dedicated fanbase. The Yankees brand is recognized worldwide.