History of the New York Yankees
The New York Yankees have won more World Series than any other baseball team, winning 27 World Series from 1923 to 2012. They also won 40 American League pennants between 1921 and 2009. The New York Yankees were the American League East division leaders every year from 1998 to 2006 and in 2009, 2011, and 2012, and they won the American League Wild Card in 1995, 1997, 2007, and 2010.
The New York Yankees began in 1901 as the Baltimore Orioles, but they moved to New York in 1903 and the team's name was changed to the New York Highlanders. By 1913, the team was known as the New York Yankees.
The team was not very strong at first, but they did finish second in the league in 1904, 1906 and 1910. In 1915, the Yankees were sold to a brewery owner, Jacob Ruppert, who had enough money to invest in improving the team. Four years later, Ruppert made a deal that turned the Yankees into a winning team - he acquired Babe Ruth from the Boston Red Sox. That trade translated into a World Series for the Yankees in 1921 and again in 1922. They lost both of those series to the New York Giants but came back in 1923, in their new Yankee Stadium, to win their first World Series.
It took four more years for the New York Yankees to win another World Series, but in 1927, they beat the Pittsburgh Pirates to once again be the best team in baseball. By that time, Lou Gehrig had joined Babe Ruth to make the Yankees unbeatable. In 1927, the Yankees had a 110-44 win-loss record. Their strength continued the following season and the Yankees had their third World Series win.
From 1929 through 1935, the New York Yankees would see post-season play only in 1932, but that changed in 1936. The Yankees won every World Series from 1936 through 1939 and then again in 1941 and 1943. One of the Yankees' star players for most of this time was Joe DiMaggio.
The 1950s and the first half of the 1960s were the decades of the New York Yankees. From 1950 to 1964, the Yankees won 13 American League pennants and 8 World Series. Players from this era included future Hall of Famers Mickey Mantle, Whitey Ford and Yogi Berra.
Everything fell apart for the Yankees in the mid-1960s after they were sold to CBS. From 1965 through 1975, the New York Yankees did not see post-season play. In 1973, they were saved by George Steinbrenner who purchased the Yankees for $8.7 million. By 1976, the Yankees were back on top with a new manager, Billy Martin. Under Martin's leadership, and with a strong roster that included Reggie Jackson and Thurman Munson, the Yankees rose to the top again, winning the American League pennant in 1976, 1977, 1978, and 1981 and the World Series in 1977 and 1978.
The next downhill trend for the Yankees began when Billy Martin was fired in 1980. Although the Yankees won the American League pennant in 1981, they would not win another one until 1996.
The Yankees started their upward swing again in 1994, but the season ended prematurely due to a baseball strike. They made the Wild Card in 1995 and, finally, in 1996, under new manager Joe Torre, the Yankees won the World Series. Since 1996, the Yankees have stayed near the top, winning 3 Wild Cards (1997, 2007, 2010), 7 American League pennants (1996, 1998-2001, 2003, 2009) and 5 World Series (1996, 1998-2000, 2009). Players from that winning era for the Yankees include Mariano Rivera, Derek Jeter, and Andy Pettitte.
The Yankees current manager, Joe Girardi, was a catcher with the team in the late 1990s and he was hired to replace Joe Torre as manager in 2008. Under Girardi's leadership, the Yankees have played in every playoff season since 2009, helped by top players, such as Mark Teixeira, CC Sabathia, Robinson Cano, and Curtis Granderson. This season, the Yankees have been plagued by injuries, having at times as many as seven or eight of their regular players on the disabled list. Despite the odds against them, the Yankees have managed to play well with new acquisitions like Vernon Wells and Travis Hafner and reserve players like Jayson Nix, Chris Stewart, and Lyle Overbay.
Source for Information
Wikipedia - New York Yankees