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The New York Yankees are a professional baseball team based in the borough of the Bronx, in New York City, New York and are a member of the Eastern Division of Major League Baseball's American League. One of the American League's eight charter franchises, the club was founded in Baltimore, Maryland in 1901 as the Baltimore Orioles, and moved to New York City in 1903, becoming known as the New York Highlanders before being officially renamed the "Yankees" in 1913. From 1923 to 2008, the Yankees' home was Yankee Stadium. In 2009, they are scheduled to move into a new stadium, also to be called "Yankee Stadium".
The Yankees are one of the wealthiest and most successful professional sporting teams in the world. The franchise leads Major League Baseball in both revenue and titles, with 26 World Series championships and 39 American League Pennants. They have more championships than any other North American franchise in professional sports history, passing the 24 Stanley Cup championships by the Montreal Canadiens in 1999.
In 1923, the Yankees moved to their new home, Yankee Stadium. It was the first triple-deck venue in baseball and seated an astounding 58,000. In the first game at Yankee Stadium, Babe Ruth hit a home run, which was fitting as it was his home runs and drawing power that paid for the stadium, giving it its nickname "The House That Ruth Built". At the end of the year, the Yankees faced the Giants for the third straight year in the World Series, and finally triumphed for their first championship. Prior to that point, the Giants had been the city's iconic or dominant team. From 1923 onward, the Yankees would assume that role, and the Giants would eventually transfer out of the city.
The 1927 Yankees lineup was so potent that it become known as "Murderers' Row", and some consider the team to be the best in the...