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
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