2016 Spring Fever Auction
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This lot is closed for bidding. Bidding ended on 6/27/2016
This contract has been personally hand-signed by George Steinbrenner and player John Cox. The American League Basketball League Players contract originates on May 16th 1961 between Player John Cox and Owner George Steinbrenner. In 1960, against his father's wishes, Steinbrenner entered the sports franchise business for the first time with basketball's Cleveland Pipers, of the American Basketball League (ABL). Steinbrenner had hired John McClendon, who became the first African American coach in professional basketball and persuaded Jerry Lucas to join his team instead of the rival National Basketball Association. The Pipers switched to the new professional ABL in 1961; the new circuit was founded by Abe Saperstein, owner of the Harlem Globetrotters. The league and its teams experienced financial problems, and McClendon resigned in protest halfway through the season; however, the Pipers had won the first half of a split season. Steinbrenner replaced McClendon with former Boston Celtics star Bill Sharman, and the Pipers won the ABL championship in 1961-62. The ABL folded in December 1962, just months into its second season. Steinbrenner and his partners lost significant money on the venture, but Steinbrenner paid off all of his creditors and partners over the next few years. This contract is one of the very first sports contracts signed by Steinbrenner who would later become oen of the great owners in professional Sports owning the New York Yankees.
George Steinbrenner Signed Contract from Cleveland Basketball Club May 16th 1961 ( JSA )
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Minimum Bid: $2,500.00
Final prices include buyers premium.: $0.00
Number Bids: 0
Auction closed on Monday, June 27, 2016.
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