New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-09
FRANK CHANCE TO
LEAD THE YANKEES
Signs Contract for Biggest
Sum Ever Paid a
Baseball Player.
SALARY PLACED AT S25. 900
Former Manager of the Cubs
Says He Will Work Hard
to Build Up Pennant
Winning Team.

Chicago. Jan. S.-Frank Leroy
Chance is al last manager of TIE yam
KEGS. The contract was signed sealed
and delivered here to-day, and wnile
the details were not made public u
can be said that it calls for the largest
amount ever laid TO a baseball player
The figures sound big. but it was IN
timated that the former manager OF
the Cubs has signed for three years al
an annual salary Of $4,000 and per
cent of the net earnings OF the clno'
This may bring the total up to sl-o'-
600
Two days Of negotiation between
Chance and Frank Farrell. owner OF
tn, New York club. were brought TO
2 climax this afternoon, when they
. ouietlv visited the office Of Byron Ban
croft Johnson. president of the league
g who had suddenly recovered from his
illness There they came to an agree
ment after less than an hours CONFER
b. ence. and there the announcement tha'
e Chance had signed was made.
Gentlemen, let me introduce the
90 ,s1,, manager of the New York Ameri-
r cans" said Mr. Farrell TO the reporters
as he. Johnson and Chance cmerseu
from the conference.
!, II seemed to be the general ieel'hs
. fhat the American League had brought
"a hear its heaviest batteries in help-
ing the New York club TO capture the
peerless leader" Just what part
however. the league played in conclud-
O ing the negotiations was not made pub
lie.
It was remarked that President
. Johnson had remained away from inc
meeting of the National Commission III
Cincinnati on the plea Of heavy colu'
and that the announcement Of the con-
clusion of the negotiations was gwen
ont only after the head of the orgahl-
zation had been consulted. Eumor'
therefore. concluded that the Johnson
circuit had decided the opportunity 10
90, chance must not be overlooked
and had resolved to back Farrell IN
any proposition he might make
This was not accepted seriously by
.ome baseball mon here, who give all
credit to Mr.. Farrell for landing 'he
manager he wanted without regard 10
expense.
chance candidly admitted that ne
had had change Of heart since he ar
rived in Chicago and said he had oeen
offored terms which no one in his right
mind could refuse.
81 honestly did not expect to sign,
he said tonight. When / arrived
Yesterday | had fully made up my NINA
that my interests lay in the West ana
= that could not afford 10 leave them at
least for a year. Mr.. Farrell, however
offered inducements much better than
had dreamed Of, and even excluding
my love for the game as FACTOR
could not decline them.
IL am not at liberty TO give out the
terms. but / can say / am TO get the
greatest sum anybody ever got for
piloting a ball club, and ! am going TO
come as near earning it as can
Chance will assume active manage
ment of the team on February II,
/. when he will reach New York at the
time Of the scheduled meeting Of the
American League. He will then ar
!. range the details for the spring train
ing trip TO Bermuda.
Plans for Chance day" in Chicago
are under way. The New York team
, will make its first visit TO Comiskey
: Park in May.
1t was after noon when President
: Farrell Of the New York American
: team and Frank l.. Chance met for the
second time to discuss terms. Chance