Baseball Contracts
In 1993, Feinstein spent $99,000 to purchase the contract by which the Boston Red Sox traded Babe Ruth to the New York Yankees, thus initiating the "Curse of the Bambino". In 2004, when the Red Sox won their first world series in over 80 years, Feinstein auctioned off this contract at Sotheby's for $996,000, giving the proceeds to anti-hunger agencies around the country.
He recently purchased the contract that sent Ted Williams to the Red Sox in 1937. He plans to give the proceeds, when he resells it, to agencies fighting hunger.
Feinstein is the honorary chairman of the World Scholar Athlete Games. He gave $1 million to construct their Hall of Fame building.
Read more about this topic: Alan Feinstein
Famous quotes containing the words baseball and/or contracts:
“Baseball is the religion that worships the obvious and gives thanks that things are exactly as they seem. Instead of celebrating mysteries, baseball rejoices in the absence of mysteries and trusts that, if we watch what is laid before our eyes, down to the last detail, we will cultivate the gift of seeing things as they really are.”
—Thomas Boswell, U.S. sports journalist. “The Church of Baseball,” Baseball: An Illustrated History, ed. Geoffrey C. Ward, Knopf (1994)
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