February 25, 1933 - by Associated Press - Newspaper Clipping New Owners Determined to Put Boston at Top Again - Price Put at $1,000,000
After apologizing to the Boston baseball public for his failure to achieve his ambitions for the Boston Red Sox, Bob Quinn today sold the club to Thomas A. Yawkey, 30-year-old New York millionaire and son of a former owner of the Detroit Tigers. Yawkey will succeed Quinn as president of the last-place American League club and will be assisted by Edward Trowbridge (Eddie) Collins, famous star of the old Athletics, who will act as vice president and general manager.
Collins, according to Yawkey, took over a substantial stock interest when the club passed out of Quinn's hands.
Baseball History Archives Page 95