What happened today in history?
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today in history?
[ Oct 25 ]
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1947 Sale of the St. Louis Cardinals

Overview of the Historic Sale

The Sale of the St. Louis Cardinals

In 1947, a significant event in the world of baseball occurred when Sam Breadon, the long-time owner of the St. Louis Cardinals, sold the team for $4 million to Robert Hannegan and Fred Saigh. This sale marked a pivotal moment in baseball history, as the Cardinals were one of the most successful franchises at the time.

Impact of Sam Breadon on the Cardinals

During his tenure, Sam Breadon transformed the Cardinals into a powerhouse, winning multiple championships and cultivating a large fan base. His innovative management and willingness to invest in talent played a significant role in the team's success, which made the team highly valued at the time of the sale.

New Ownership Era Begins

Robert Hannegan's Vision for the Cardinals

As one of the new owners, Robert Hannegan focused on expanding the franchise's reach and solidifying its place in Major League Baseball. His vision centered around improving facilities and enhancing the overall game day experience for fans.

Fred Saigh's Contributions

Fred Saigh, along with Hannegan, played a crucial role in the direction the team would take post-sale. He was instrumental in the construction of Busch Stadium, which became a landmark for the franchise and an iconic venue for baseball fans.

Fun Fact

A Record-Setting Purchase

When Sam Breadon sold the Cardinals for $4 million, it was one of the largest sums ever paid for a sports franchise at the time, reflecting the increasing value of Major League Baseball teams in post-war America.

Additional Resources

Recommended Reading on the St. Louis Cardinals

To learn more about the history of the St. Louis Cardinals, consider reading "A History of the St. Louis Cardinals" by John R. Tunis and "Cardinals: The First 100 Years" by Steve Greenberg.